PRL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0280%/8h= +30.7% APRnext payment +$0.35 per $10,000 · paid last 24h +0.063%

Price spread now: Extended against Coinbase International+1.031%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Coinbase International Short on Extended

What this pair did over the last

the charts below follow

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—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Extended is 1.031% dearer against Coinbase International than usual: you sell high and buy low: +$103 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International PRL-PERP-INTX	0.1166	0.0176	pay 0.0022% / 1h	18m 22s	$17K	$12K	50x
Short	Extended PRL-USD	0.1178	0.0456	get 0.0057% / 1h	18m 22s	$2K	$164K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Coinbase International. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee ExtendedbpOrdersPrice spread, now +1.031%Rate

Funding earned: $58.8
Price spread: +1.031% → 0.000%: $103.07
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $146.87
Costs to cover: 0.150%
Break-even: from the start

Slippage unknown: Coinbase International: no order-book sample; Extended: live order book, 52 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 Extended live order book, 52 min ago	5.08 bp	74.1 bp −$74	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
Gate PRL_USDT	+0.0100%	4h	0.1177	+1.021%	$99K	$62K	20x	as long as short
Bitget PRLUSDT	+0.0100%	4h	0.1178	+1.073%	$836K	$390K	20x	as long as short
SunX PRL-USDT	+0.0100%	4h	0.1176	+0.901%	$1K	$1.1M	20x	as long as short
Coinbase International PRL-PERP-INTXlong	+0.0176%	1h	0.1166	long leg	$17K	$12K	50x
KuCoin PRLUSDTM	+0.0350%	4h	0.1177	+0.987%	$1.5M	$263K	20x	as long as short
Binance PRLUSDT	+0.0453%	4h	0.1177	+1.028%	$2.1M	$2.4M	20x	as long as short
Extended PRL-USDshort	+0.0456%	1h	0.1178	+1.031%	$2K	$164K	5x
MEXC PRL_USDT	+0.0456%	4h	0.1177	+0.987%	$470K	$174K	20x	as long as short
Aster PRLUSDT	+0.0529%	4h	0.1177	+1.003%	$6K	$614	5x	as long as short
Bybit PRLUSDT	+0.1288%	4h	0.1178	+1.073%	$796K	$531K	25x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin PRL-USDT	+0.1357%	4h	0.1179	+1.158%	$136K	$14K	25x	as long as short
BingX PRL-USDT	+0.1728%	4h	0.1177	+0.987%	—	$1.6M	—	as long as short
Deribit PRL_USDC-PERPETUAL	+0.2474%	1h	0.1178	+1.069%	—	—	10x	as long as short