Funding you earn now, next payment 03:00 UTC−0.1660%/8h= −181.8% APRpaid last 24h —
Price spread now: Gate against Deribit+0.020%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. Gate is 0.020% dearer against Deribit than usual: you sell high and buy low (spread +0.020% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$50 a day in funding at the current rate, which eats that in about under an hour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit PRL_USDC-PERPETUAL | 0.1171 | 0.1760 | pay 0.0220% / 1h | 44m 55s | — | — | 10x |
| Short | Gate PRL_USDT | 0.1172 | 0.0100 | get 0.0050% / 4h | 1h 44m | $99K | $64K | 20x |
Deribit PRL_USDC-PERPETUAL
Gate PRL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$348.62
- Price spread: +0.020% → 0.000%
- $2.05
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$368.57
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Deribit: 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Gate no order-book sample | — | — | — | — | — |
Deribit 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 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_USDTshort | +0.0100% | 4h | 0.1172 | +0.020% | $99K | $64K | 20x | |
| Bitget PRLUSDT | +0.0100% | 4h | 0.1170 | −0.125% | $829K | $392K | 20x | as long as short |
| SunX PRL-USDT | +0.0100% | 4h | 0.1171 | −0.039% | $2K | $1.1M | 20x | as long as short |
| KuCoin PRLUSDTM | +0.0462% | 4h | 0.1170 | −0.116% | $1.5M | $243K | 20x | as long as short |
| Extended PRL-USD | +0.0496% | 1h | 0.1172 | +0.062% | $2K | $151K | 5x | as long as short |
| MEXC PRL_USDT | +0.0496% | 4h | 0.1171 | −0.039% | $469K | $171K | 20x | as long as short |
| Binance PRLUSDT | +0.0496% | 4h | 0.1173 | +0.089% | $2.1M | $2.3M | 20x | as long as short |
| Aster PRLUSDT | +0.0529% | 4h | 0.1170 | −0.094% | $6K | $614 | 5x | as long as short |
| Coinbase International PRL-PERP-INTX | +0.0632% | 1h | 0.1184 | +1.058% | $17K | $12K | 50x | as long as short |
| BloFin PRL-USDT | +0.0939% | 4h | 0.1173 | +0.131% | $136K | $14K | 25x | as long as short |
Bitget PRLUSDT
SunX PRL-USDT
KuCoin PRLUSDTM
Extended PRL-USD
MEXC PRL_USDT
Binance PRLUSDT
Aster PRLUSDT
Coinbase International PRL-PERP-INTX
BloFin PRL-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX PRL-USDT | +0.0964% | 4h | 0.1172 | +0.046% | — | $1.6M | — | as long as short |
| Bybit PRLUSDT | +0.0964% | 4h | 0.1173 | +0.131% | $782K | $528K | 25x | as long as short |
| Deribit PRL_USDC-PERPETUALlong | +0.1760% | 1h | 0.1171 | long leg | — | — | 10x |
BingX PRL-USDT
Bybit PRLUSDT