Funding you earn now, next payment 07:00 UTC−0.0268%/8h= −29.3% APRpaid last 24h −0.003%
Price spread now: Bybit against Coinbase International−0.018%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$8 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International PRL-PERP-INTX | 0.1179 | 0.0368 | pay 0.0046% / 1h | 59m 02s | $17K | $12K | 50x |
| Short | Bybit PRLUSDT | 0.1179 | 0.0100 | get 0.0050% / 4h | 59m 02s | $733K | $592K | 25x |
Coinbase International PRL-PERP-INTX
Bybit PRLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Coinbase International. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$56.28
- Price spread: −0.018% → 0.000%
- −$1.78
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$79.06
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; Bybit: live order book, 41 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Coinbase International no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 41 min ago | 8.48 bp | 137.5 bp −$137 | doesn't fit | doesn't fit | doesn't fit |
Coinbase International: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
PRL on 13 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit PRLUSDTshort | +0.0100% | 4h | 0.1179 | −0.018% | $733K | $592K | 25x | |
| Gate PRL_USDT | +0.0100% | 4h | 0.1180 | +0.067% | $100K | $61K | 20x | as long as short |
| Bitget PRLUSDT | +0.0100% | 4h | 0.1179 | −0.018% | $848K | $415K | 20x | as long as short |
| SunX PRL-USDT | +0.0100% | 4h | 0.1179 | −0.018% | $1K | $1.2M | 20x | as long as short |
| BloFin PRL-USDT | +0.0114% | 4h | 0.1180 | +0.067% | $137K | $14K | 25x | as long as short |
| KuCoin PRLUSDTM | +0.0136% | 4h | 0.1179 | −0.043% | $1.5M | $270K | 20x | as long as short |
| Coinbase International PRL-PERP-INTXlong | +0.0368% | 1h | 0.1179 | long leg | $17K | $12K | 50x | |
| Aster PRLUSDT | +0.0426% | 4h | 0.1179 | −0.041% | $5K | $1K | 5x | as long as short |
| Extended PRL-USD | +0.0432% | 1h | 0.1180 | +0.038% | $1K | $141K | 5x | as long as short |
| Binance PRLUSDT | +0.0435% | 4h | 0.1180 | +0.067% | $2.1M | $2.4M | 20x | as long as short |
Gate PRL_USDT
Bitget PRLUSDT
SunX PRL-USDT
BloFin PRL-USDT
KuCoin PRLUSDTM
Aster PRLUSDT
Extended PRL-USD
Binance PRLUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC PRL_USDT | +0.0440% | 4h | 0.1180 | +0.067% | $499K | $164K | 20x | as long as short |
| BingX PRL-USDT | +0.0442% | 4h | 0.1180 | +0.067% | — | $1.6M | — | as long as short |
| Deribit PRL_USDC-PERPETUAL | +0.1958% | 1h | 0.1180 | +0.096% | — | — | 10x | as long as short |
MEXC PRL_USDT
BingX PRL-USDT
Deribit PRL_USDC-PERPETUAL