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
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. 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit PRL_USDC-PERPETUAL | 0.1175 | 0.1566 | pay 0.0196% / 1h | 32m 26s | — | — | 10x |
| Short | KuCoin PRLUSDTM | 0.1175 | 0.0524 | get 0.0262% / 4h | 1h 32m | $1.5M | $280K | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Deribit no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 3 min ago | 8.49 bp | 240.5 bp −$240 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit PRLUSDT | +0.0100% | 4h | 0.1175 | +0.015% | $718K | $472K | 25x | as long as short |
| Gate PRL_USDT | +0.0100% | 4h | 0.1176 | +0.126% | $99K | $62K | 20x | as long as short |
| Bitget PRLUSDT | +0.0100% | 4h | 0.1173 | −0.155% | $833K | $380K | 20x | as long as short |
| SunX PRL-USDT | +0.0100% | 4h | 0.1174 | −0.070% | $2K | $1.1M | 20x | as long as short |
| BloFin PRL-USDT | +0.0125% | 4h | 0.1176 | +0.100% | $136K | $14K | 25x | as long as short |
| Coinbase International PRL-PERP-INTX | +0.0160% | 1h | 0.1166 | −0.793% | $17K | $12K | 50x | as long as short |
| KuCoin PRLUSDTMshort | +0.0524% | 4h | 0.1175 | +0.041% | $1.5M | $280K | 20x | |
| BingX PRL-USDT | +0.0530% | 4h | 0.1174 | −0.070% | — | $1.6M | — | as long as short |
| MEXC PRL_USDT | +0.0534% | 4h | 0.1174 | −0.070% | $471K | $174K | 20x | as long as short |
| Binance PRLUSDT | +0.0536% | 4h | 0.1174 | −0.070% | $2.1M | $2.4M | 20x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended PRL-USD | +0.0536% | 1h | 0.1174 | −0.089% | $4K | $158K | 5x | as long as short |
| Aster PRLUSDT | +0.0578% | 4h | 0.1175 | +0.037% | $6K | $614 | 5x | as long as short |
| Deribit PRL_USDC-PERPETUALlong | +0.1566% | 1h | 0.1175 | long leg | — | — | 10x |
Deribit PRL_USDC-PERPETUAL
KuCoin PRLUSDTM
Bybit PRLUSDT
Gate PRL_USDT
Bitget PRLUSDT
SunX PRL-USDT
BloFin PRL-USDT
Coinbase International PRL-PERP-INTX
BingX PRL-USDT
MEXC PRL_USDT
Binance PRLUSDT
Extended PRL-USD
Aster PRLUSDT