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

PRL

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.1229%/8h= −134.6% APRpaid last 24h
Price spread now: Aster against Deribit−0.091%7-day average · you buy dearer than you sell
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 daysno history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$37 a day on $10k at the current rate, and Aster is 0.091% cheaper against Deribit than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit PRL_USDC-PERPETUAL0.11710.1760pay 0.0220% / 1h44m 43s10x
ShortAster PRLUSDT0.11700.0531get 0.0265% / 4h1h 44m$6K$6145x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Deribit. 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
−$258.16
Price spread: −0.091% → 0.000%
−$9.1
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Aster: 4 bp × 2 orders
−$8
Net
−$282.26
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Deribit: no order-book sample; Aster: 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
LegHalf-spread$10k$100k$1M$5M
Buy Deribit no order-book sample
Sell Aster no order-book sample
Deribit and Aster: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate PRL_USDT+0.0100%4h0.1172+0.029%$99K$64K20xas long as short
Bitget PRLUSDT+0.0100%4h0.1170−0.125%$829K$392K20xas long as short
SunX PRL-USDT+0.0100%4h0.1171−0.039%$2K$1.1M20xas long as short
KuCoin PRLUSDTM+0.0462%4h0.1170−0.116%$1.5M$243K20xas long as short
Extended PRL-USD+0.0496%1h0.1172+0.062%$2K$151K5xas long as short
MEXC PRL_USDT+0.0496%4h0.1171−0.039%$469K$171K20xas long as short
Binance PRLUSDT+0.0496%4h0.1173+0.089%$2.1M$2.3M20xas long as short
Aster PRLUSDTshort+0.0531%4h0.1170−0.091%$6K$6145x
Coinbase International PRL-PERP-INTX+0.0632%1h0.1184+1.058%$17K$12K50xas long as short
BloFin PRL-USDT+0.0939%4h0.1173+0.131%$136K$14K25xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX PRL-USDT+0.0964%4h0.1172+0.046%$1.6Mas long as short
Bybit PRLUSDT+0.0968%4h0.1173+0.131%$782K$528K25xas long as short
Deribit PRL_USDC-PERPETUALlong+0.1760%1h0.1171long leg10x