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

PRL

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.1042%/8h= −114.1% APRpaid last 24h
Price spread now: KuCoin against Deribit+0.041%7-day average · you sell dearer than you buy
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 pays, funding is against you. KuCoin is 0.041% dearer against Deribit than usual: you sell high and buy low (spread +0.041% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$31 a day in funding at the current rate, which eats that in about 3 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit PRL_USDC-PERPETUAL0.11750.1566pay 0.0196% / 1h32m 26s10x
ShortKuCoin PRLUSDTM0.11750.0524get 0.0262% / 4h1h 32m$1.5M$280K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$218.89
Price spread: +0.041% → 0.000%
$4.09
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$233.81
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Deribit: no order-book sample; KuCoin: 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
LegHalf-spread$10k$100k$1M$5M
Buy Deribit no order-book sample
Sell KuCoin live order book, 3 min ago8.49 bp240.5 bp −$240doesn't fitdoesn'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
Bybit PRLUSDT+0.0100%4h0.1175+0.015%$718K$472K25xas long as short
Gate PRL_USDT+0.0100%4h0.1176+0.126%$99K$62K20xas long as short
Bitget PRLUSDT+0.0100%4h0.1173−0.155%$833K$380K20xas long as short
SunX PRL-USDT+0.0100%4h0.1174−0.070%$2K$1.1M20xas long as short
BloFin PRL-USDT+0.0125%4h0.1176+0.100%$136K$14K25xas long as short
Coinbase International PRL-PERP-INTX+0.0160%1h0.1166−0.793%$17K$12K50xas long as short
KuCoin PRLUSDTMshort+0.0524%4h0.1175+0.041%$1.5M$280K20x
BingX PRL-USDT+0.0530%4h0.1174−0.070%$1.6Mas long as short
MEXC PRL_USDT+0.0534%4h0.1174−0.070%$471K$174K20xas long as short
Binance PRLUSDT+0.0536%4h0.1174−0.070%$2.1M$2.4M20xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended PRL-USD+0.0536%1h0.1174−0.089%$4K$158K5xas long as short
Aster PRLUSDT+0.0578%4h0.1175+0.037%$6K$6145xas long as short
Deribit PRL_USDC-PERPETUALlong+0.1566%1h0.1175long leg10x