Funding you earn now, next payment 05:00 UTC−0.1923%/8h= −210.5% APRpaid last 24h —
Price spread now: MEXC against Deribit−0.124%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
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$58 a day on $10k at the current rate, and MEXC is 0.124% cheaper against Deribit than usual: you would sell low and buy high (−$12 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 | 0.1178 | 0.2601 | pay 0.0325% / 1h | 58m 50s | — | — | 10x |
| Short | MEXC PRL_USDT | 0.1177 | 0.0678 | get 0.0339% / 4h | 3h 58m | $461K | $171K | 20x |
Deribit PRL_USDC-PERPETUAL
MEXC PRL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$403.78
- Price spread: −0.124% → 0.000%
- −$12.39
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$427.17
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; MEXC: live order book, 51 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 MEXC live order book, 51 min ago | 4.27 bp | 6.3 bp −$6 | 8.7 bp −$87 | 270.7 bp −$27.1K | 693.3 bp −$346.6K |
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin PRL-USDT | +0.0093% | 4h | 0.1180 | +0.131% | $139K | $14K | 25x | as long as short |
| Gate PRL_USDT | +0.0100% | 4h | 0.1178 | +0.003% | $99K | $65K | 20x | as long as short |
| Bitget PRLUSDT | +0.0100% | 4h | 0.1177 | −0.124% | $850K | $414K | 20x | as long as short |
| SunX PRL-USDT | +0.0100% | 4h | 0.1176 | −0.209% | $1K | $1.1M | 20x | as long as short |
| KuCoin PRLUSDTM | +0.0536% | 4h | 0.1177 | −0.132% | $1.5M | $251K | 20x | as long as short |
| Coinbase International PRL-PERP-INTX | +0.0584% | 1h | 0.1169 | −0.831% | $17K | $12K | 50x | as long as short |
| BingX PRL-USDT | +0.0634% | 4h | 0.1177 | −0.124% | — | $1.6M | — | as long as short |
| MEXC PRL_USDTshort | +0.0678% | 4h | 0.1177 | −0.124% | $461K | $171K | 20x | |
| Binance PRLUSDT | +0.0678% | 4h | 0.1178 | −0.039% | $2.1M | $2.4M | 20x | as long as short |
| Extended PRL-USD | +0.0680% | 1h | 0.1178 | −0.066% | $6K | $149K | 5x | as long as short |
BloFin PRL-USDT
Gate PRL_USDT
Bitget PRLUSDT
SunX PRL-USDT
KuCoin PRLUSDTM
Coinbase International PRL-PERP-INTX
BingX PRL-USDT
Binance PRLUSDT
Extended PRL-USDShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster PRLUSDT | +0.0758% | 4h | 0.1175 | −0.268% | $5K | $1K | 5x | as long as short |
| Bybit PRLUSDT | +0.1017% | 4h | 0.1178 | −0.039% | $731K | $581K | 25x | as long as short |
| Deribit PRL_USDC-PERPETUALlong | +0.2601% | 1h | 0.1178 | long leg | — | — | 10x |
Aster PRLUSDT
Bybit PRLUSDT