Funding you earn now, next payment 01:00 UTC−0.0172%/8h= −18.8% APRpaid last 24h −0.057%
Price spread now: Gate against Coinbase International−0.764%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
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Gate is 0.764% cheaper against Coinbase International than usual: you would sell low and buy high (−$76 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International PRL-PERP-INTX | 0.1184 | 0.0272 | pay 0.0034% / 1h | 33m 08s | $17K | $12K | 50x |
| Short | Gate PRL_USDT | 0.1175 | 0.0100 | get 0.0050% / 4h | 2h 33m | $99K | $63K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$36.12
- Price spread: −0.764% → 0.000%
- −$76.45
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$137.57
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; Gate: no order-book sample. 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 Gate no order-book sample | — | — | — | — | — |
Coinbase International and Gate: 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 12 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_USDTshort | +0.0100% | 4h | 0.1175 | −0.764% | $99K | $63K | 20x | |
| Bitget PRLUSDT | +0.0100% | 4h | 0.1173 | −0.917% | $838K | $404K | 20x | as long as short |
| SunX PRL-USDT | +0.0100% | 4h | 0.1172 | −1.001% | $1K | $1.1M | 20x | as long as short |
| Coinbase International PRL-PERP-INTXlong | +0.0272% | 1h | 0.1184 | long leg | $17K | $12K | 50x | |
| KuCoin PRLUSDTM | +0.0426% | 4h | 0.1173 | −0.925% | $1.5M | $262K | 20x | as long as short |
| MEXC PRL_USDT | +0.0472% | 4h | 0.1172 | −1.001% | $466K | $172K | 20x | as long as short |
| Binance PRLUSDT | +0.0477% | 4h | 0.1173 | −0.943% | $2.1M | $2.4M | 20x | as long as short |
| Extended PRL-USD | +0.0480% | 1h | 0.1173 | −0.943% | $2K | $157K | 5x | as long as short |
| Aster PRLUSDT | +0.0534% | 4h | 0.1172 | −0.972% | $6K | $614 | 5x | as long as short |
| BingX PRL-USDT | +0.0770% | 4h | 0.1172 | −1.001% | — | $1.6M | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit PRLUSDT | +0.0953% | 4h | 0.1174 | −0.832% | $782K | $548K | 25x | as long as short |
| Deribit PRL_USDC-PERPETUAL | +0.2640% | 1h | 0.1173 | −0.906% | — | — | 10x | as long as short |
Coinbase International PRL-PERP-INTX
Gate PRL_USDT
Bitget PRLUSDT
SunX PRL-USDT
KuCoin PRLUSDTM
MEXC PRL_USDT
Binance PRLUSDT
Extended PRL-USD
Aster PRLUSDT
BingX PRL-USDT
Bybit PRLUSDT
Deribit PRL_USDC-PERPETUAL