Funding you earn now, next payment 05:00 UTC−0.1097%/8h= −120.1% APRpaid last 24h —
Price spread now: BingX against Deribit+0.057%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. BingX is 0.057% dearer against Deribit than usual: you sell high and buy low (spread +0.057% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$33 a day in funding at the current rate, which eats that in about 4 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit PRL_USDC-PERPETUAL | 0.1183 | 0.1757 | pay 0.0220% / 1h | 12m 57s | — | — | 10x |
| Short | BingX PRL-USDT | 0.1184 | 0.0660 | get 0.0330% / 4h | 3h 12m | — | $1.6M | — |
Deribit PRL_USDC-PERPETUAL
BingX PRL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Deribit. 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
- −$230.34
- Price spread: +0.057% → 0.000%
- $5.75
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$241.59
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; BingX: live order book, 4 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 Deribit no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 4 min ago | 8.45 bp | 28.9 bp −$29 | 93.7 bp −$937 | 867.5 bp −$86.8K | 1347.9 bp −$674.0K |
Deribit: 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 PRLUSDT | +0.0100% | 4h | 0.1184 | +0.057% | $731K | $583K | 25x | as long as short |
| Bitget PRLUSDT | +0.0100% | 4h | 0.1183 | −0.027% | $850K | $418K | 20x | as long as short |
| SunX PRL-USDT | +0.0100% | 4h | 0.1181 | −0.196% | $1K | $1.1M | 20x | as long as short |
| BloFin PRL-USDT | +0.0152% | 4h | 0.1183 | −0.027% | $139K | $14K | 25x | as long as short |
| Gate PRL_USDT | +0.0302% | 4h | 0.1184 | +0.024% | $100K | $65K | 20x | as long as short |
| KuCoin PRLUSDTM | +0.0578% | 4h | 0.1182 | −0.078% | $1.5M | $263K | 20x | as long as short |
| Coinbase International PRL-PERP-INTX | +0.0584% | 1h | 0.1169 | −1.238% | $17K | $12K | 50x | as long as short |
| BingX PRL-USDTshort | +0.0660% | 4h | 0.1184 | +0.057% | — | $1.6M | — | |
| MEXC PRL_USDT | +0.0702% | 4h | 0.1183 | −0.027% | $463K | $175K | 20x | as long as short |
| Extended PRL-USD | +0.0704% | 1h | 0.1183 | +0.009% | $693 | $182K | 5x | as long as short |
Bybit PRLUSDT
Bitget PRLUSDT
SunX PRL-USDT
BloFin PRL-USDT
Gate PRL_USDT
KuCoin PRLUSDTM
Coinbase International PRL-PERP-INTX
MEXC PRL_USDT
Extended PRL-USDShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance PRLUSDT | +0.0707% | 4h | 0.1184 | +0.049% | $2.1M | $2.4M | 20x | as long as short |
| Aster PRLUSDT | +0.0773% | 4h | 0.1182 | −0.084% | $5K | $1K | 5x | as long as short |
| Deribit PRL_USDC-PERPETUALlong | +0.1757% | 1h | 0.1183 | long leg | — | — | 10x |
Binance PRLUSDT
Aster PRLUSDT