Settings8H · net · $10k
Funding arb · Price arb /

PRL

all PRL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0003%/8h= −0.4% APRnext payment $0.02 per $10,000 · paid last 24h −0.095%
Price spread now: SunX against BloFin+0.255%55s7-day average −0.159% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.397%−$40 on $10k
Price spread, last 4 days (all we have)−0.543%−$54 · spread now +0.255%, 7d avg −0.159%
Together, before fees−0.940%−$94 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.413% dearer against BloFin than usual: you sell high and buy low, +$41 on $10k if it goes back to its 7-day average of −0.159%. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin PRL-USDT0.11780.0103pay 0.0052% / 4h2h 55m$139K$14K25x
ShortSunX PRL-USDT0.11810.0100get 0.0050% / 4h2h 55m$2K$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against BloFin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$0.67
Price spread: +0.255% → −0.159%
$41.33
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
$20.66
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: BloFin: live order book, 24 min ago; SunX: live order book, 8 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 24 min ago12.66 bp67.0 bp −$67doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 8 min ago508.91 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

PRL on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit PRLUSDT+0.0100%4h0.1182+0.340%$730K$584K25xas long as short
Bitget PRLUSDT+0.0100%4h0.1179+0.085%$847K$418K20xas long as short
SunX PRL-USDTshort+0.0100%4h0.1181+0.255%$2K$1.1M20x
BloFin PRL-USDTlong+0.0103%4h0.1178long leg$139K$14K25x
Gate PRL_USDT+0.0190%4h0.1181+0.272%$100K$65K20xas long as short
Coinbase International PRL-PERP-INTX+0.0352%1h0.1179+0.103%$17K$12K50xas long as short
KuCoin PRLUSDTM+0.0558%4h0.1181+0.289%$1.5M$264K20xas long as short
BingX PRL-USDT+0.0666%4h0.1181+0.255%$1.6Mas long as short
Extended PRL-USD+0.0688%1h0.1182+0.312%$693$167K5xas long as short
MEXC PRL_USDT+0.0688%4h0.1182+0.340%$478K$174K20xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance PRLUSDT+0.0700%4h0.1182+0.340%$2.1M$2.4M20xas long as short
Aster PRLUSDT+0.0747%4h0.1181+0.257%$5K$1K5xas long as short
Deribit PRL_USDC-PERPETUAL+0.2540%1h0.1183+0.400%10xas long as short