Funding you earn now, next payment 00:00 UTC−0.1722%/8h= −188.6% APRnext payment −$2.15 per $10,000 · paid last 24h —
Price spread now: Extended against Deribit−0.337%7-day average — · you buy dearer than you sell
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
=Both sides work against this trade now: funding costs −$52 a day on $10k at the current rate, and Extended is 0.337% cheaper against Deribit than usual: you would sell low and buy high (−$34 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 | Deribit PRL_USDC-PERPETUAL | 0.1188 | 0.2130 | pay 0.0266% / 1h | 7m 49s | — | — | 10x |
| Short | Extended PRL-USD | 0.1184 | 0.0408 | get 0.0051% / 1h | 7m 49s | $4K | $158K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$361.63
- Price spread: −0.337% → 0.000%
- −$33.67
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$407.3
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; Extended: live order book, 3 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 Extended live order book, 3 min ago | 5.08 bp | 74.1 bp −$74 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate PRL_USDT | +0.0100% | 4h | 0.1185 | −0.225% | $100K | $62K | 20x | as long as short |
| Bitget PRLUSDT | +0.0100% | 4h | 0.1182 | −0.477% | $846K | $377K | 20x | as long as short |
| SunX PRL-USDT | +0.0100% | 4h | 0.1187 | −0.056% | $2K | $1.1M | 20x | as long as short |
| Coinbase International PRL-PERP-INTX | +0.0176% | 1h | 0.1166 | −1.867% | $17K | $12K | 50x | as long as short |
| BloFin PRL-USDT | +0.0248% | 4h | 0.1183 | −0.393% | $136K | $14K | 25x | as long as short |
| Bybit PRLUSDT | +0.0252% | 4h | 0.1183 | −0.393% | $803K | $526K | 25x | as long as short |
| KuCoin PRLUSDTM | +0.0280% | 4h | 0.1183 | −0.418% | $1.5M | $266K | 20x | as long as short |
| BingX PRL-USDT | +0.0391% | 4h | 0.1183 | −0.393% | — | $1.6M | — | as long as short |
| MEXC PRL_USDT | +0.0402% | 4h | 0.1183 | −0.393% | $473K | $175K | 20x | as long as short |
| Extended PRL-USDshort | +0.0408% | 1h | 0.1184 | −0.337% | $4K | $158K | 5x |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance PRLUSDT | +0.0408% | 4h | 0.1184 | −0.309% | $2.1M | $2.4M | 20x | as long as short |
| Aster PRLUSDT | +0.0493% | 4h | 0.1183 | −0.361% | $6K | $614 | 5x | as long as short |
| Deribit PRL_USDC-PERPETUALlong | +0.2130% | 1h | 0.1188 | long leg | — | — | 10x |
Deribit PRL_USDC-PERPETUAL
Extended PRL-USD
Gate PRL_USDT
Bitget PRLUSDT
SunX PRL-USDT
Coinbase International PRL-PERP-INTX
BloFin PRL-USDT
Bybit PRLUSDT
KuCoin PRLUSDTM
BingX PRL-USDT
MEXC PRL_USDT
Binance PRLUSDT
Aster PRLUSDT