Funding you earn now, next payment 02:00 UTC−0.2461%/8h= −269.5% APRpaid last 24h —
Price spread now: SunX against Deribit−0.218%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 −$74 a day on $10k at the current rate, and SunX is 0.218% cheaper against Deribit than usual: you would sell low and buy high (−$22 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 | 0.1174 | 0.2561 | pay 0.0320% / 1h | 27m 35s | — | — | 10x |
| Short | SunX PRL-USDT | 0.1171 | 0.0100 | get 0.0050% / 4h | 2h 27m | $2K | $1.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$516.88
- Price spread: −0.218% → 0.000%
- −$21.81
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$553.69
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; SunX: live order book, 6 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 SunX live order book, 6 min ago | 503.41 bp | doesn't fit | 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 12 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 | 0.1174 | +0.080% | $99K | $63K | 20x | as long as short |
| Bitget PRLUSDT | +0.0100% | 4h | 0.1172 | −0.133% | $837K | $402K | 20x | as long as short |
| SunX PRL-USDTshort | +0.0100% | 4h | 0.1171 | −0.218% | $2K | $1.1M | 20x | |
| Coinbase International PRL-PERP-INTX | +0.0272% | 1h | 0.1184 | +0.877% | $17K | $12K | 50x | as long as short |
| KuCoin PRLUSDTM | +0.0454% | 4h | 0.1173 | −0.031% | $1.5M | $257K | 20x | as long as short |
| Extended PRL-USD | +0.0480% | 1h | 0.1176 | +0.200% | $686 | $155K | 5x | as long as short |
| MEXC PRL_USDT | +0.0480% | 4h | 0.1175 | +0.123% | $471K | $173K | 20x | as long as short |
| Binance PRLUSDT | +0.0482% | 4h | 0.1176 | +0.225% | $2.1M | $2.4M | 20x | as long as short |
| Aster PRLUSDT | +0.0536% | 4h | 0.1174 | +0.007% | $6K | $614 | 5x | as long as short |
| BingX PRL-USDT | +0.1008% | 4h | 0.1176 | +0.208% | — | $1.6M | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit PRLUSDT | +0.1100% | 4h | 0.1176 | +0.208% | $781K | $545K | 25x | as long as short |
| Deribit PRL_USDC-PERPETUALlong | +0.2561% | 1h | 0.1174 | long leg | — | — | 10x |
Deribit PRL_USDC-PERPETUAL
SunX PRL-USDT
Gate PRL_USDT
Bitget PRLUSDT
Coinbase International PRL-PERP-INTX
KuCoin PRLUSDTM
Extended PRL-USD
MEXC PRL_USDT
Binance PRLUSDT
Aster PRLUSDT
BingX PRL-USDT
Bybit PRLUSDT