Funding you earn now, next payment 03:00 UTC−0.0002%/8h= −0.2% APRpaid last 24h +0.009%
Price spread now: Binance against Extended+0.027%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$192as in the Funding arb table
Net, price: spread back to 7d avg − costs−$193as in the Price arb table
costs, in and out, $10k−$1921.924% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 4 days (all we have)+0.041%+$4 · spread now +0.027%, 7d avg +0.030%
=Together, before fees+0.043%+ Points / potential airdropExtended: Active · farm board+$4 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended PRL-USD | 0.1176 | 0.0504 | pay 0.0063% / 1h | 43m 04s | $3K | $156K | 5x |
| Short | Binance PRLUSDT | 0.1176 | 0.0502 | get 0.0251% / 4h | 1h 43m | $2.1M | $2.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Extended. 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
- −$0.41
- Price spread: +0.027% → +0.030%
- −$0.36
- Slippage, 4 orders
- −$177.38
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$193.16
- Costs to cover
- 1.924%
- Break-even
- never at this rate
Slippage from Extended: live order book, 18 min ago; Binance: live order book, 7 min ago.
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 Extended live order book, 18 min ago | 5.11 bp | 67.2 bp −$67 | 486.5 bp −$4,865 | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 4.27 bp | 31.7 bp −$32 | 205.1 bp −$2,051 | doesn't fit | doesn't fit |
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_USDT | +0.0100% | 4h | 0.1174 | −0.166% | $99K | $64K | 20x | as long as short |
| Bitget PRLUSDT | +0.0100% | 4h | 0.1172 | −0.353% | $831K | $391K | 20x | as long as short |
| SunX PRL-USDT | +0.0100% | 4h | 0.1174 | −0.183% | $2K | $1.1M | 20x | as long as short |
| KuCoin PRLUSDTM | +0.0466% | 4h | 0.1174 | −0.191% | $1.5M | $243K | 20x | as long as short |
| MEXC PRL_USDT | +0.0496% | 4h | 0.1175 | −0.098% | $470K | $171K | 20x | as long as short |
| Binance PRLUSDTshort | +0.0502% | 4h | 0.1176 | +0.027% | $2.1M | $2.3M | 20x | |
| Extended PRL-USDlong | +0.0504% | 1h | 0.1176 | long leg | $3K | $156K | 5x | |
| Aster PRLUSDT | +0.0533% | 4h | 0.1173 | −0.254% | $6K | $614 | 5x | as long as short |
| Coinbase International PRL-PERP-INTX | +0.0632% | 1h | 0.1184 | +0.655% | $17K | $12K | 50x | as long as short |
| BloFin PRL-USDT | +0.0914% | 4h | 0.1172 | −0.353% | $135K | $14K | 25x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX PRL-USDT | +0.0964% | 4h | 0.1177 | +0.072% | — | $1.6M | — | as long as short |
| Bybit PRLUSDT | +0.0972% | 4h | 0.1176 | −0.013% | $784K | $529K | 25x | as long as short |
| Deribit PRL_USDC-PERPETUAL | +0.2745% | 1h | 0.1175 | −0.067% | — | — | 10x | as long as short |
Extended PRL-USD
Binance PRLUSDT
Gate PRL_USDT
Bitget PRLUSDT
SunX PRL-USDT
KuCoin PRLUSDTM
MEXC PRL_USDT
Aster PRLUSDT
Coinbase International PRL-PERP-INTX
BloFin PRL-USDT
BingX PRL-USDT
Bybit PRLUSDT
Deribit PRL_USDC-PERPETUAL