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

PRL

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.1878%/8h= −205.6% APRpaid last 24h
Price spread now: Bitget against Deribit−0.005%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 feesneeds 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: −$56 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit PRL_USDC-PERPETUAL0.11830.1978pay 0.0247% / 1h10m 21s10x
ShortBitget PRLUSDT0.11830.0100get 0.0050% / 4h10m 21s$846K$377K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
−$394.38
Price spread: −0.005% → 0.000%
−$0.51
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$413.89
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Deribit: no order-book sample; Bitget: live order book, 65 min ago. 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 Bitget live order book, 65 min ago8.51 bp34.1 bp −$34235.0 bp −$2,350doesn't fitdoesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate PRL_USDT+0.0100%4h0.1184+0.105%$100K$62K20xas long as short
Bitget PRLUSDTshort+0.0100%4h0.1183−0.005%$846K$377K20x
SunX PRL-USDT+0.0100%4h0.1182−0.090%$2K$1.1M20xas long as short
Coinbase International PRL-PERP-INTX+0.0176%1h0.1166−1.484%$17K$12K50xas long as short
Bybit PRLUSDT+0.0235%4h0.1183−0.005%$802K$526K25xas long as short
BloFin PRL-USDT+0.0269%4h0.1183−0.005%$136K$14K25xas long as short
KuCoin PRLUSDTM+0.0274%4h0.1182−0.090%$1.5M$267K20xas long as short
BingX PRL-USDT+0.0392%4h0.1182−0.090%$1.6Mas long as short
Extended PRL-USD+0.0400%1h0.1183−0.025%$4K$158K5xas long as short
MEXC PRL_USDT+0.0400%4h0.1183−0.005%$474K$174K20xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance PRLUSDT+0.0401%4h0.1183−0.005%$2.1M$2.4M20xas long as short
Aster PRLUSDT+0.0482%4h0.1181−0.181%$6K$6145xas long as short
Deribit PRL_USDC-PERPETUALlong+0.1978%1h0.1183long leg10x