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

PRL

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0297%/8h= −32.5% APRpaid last 24h −0.065%
Price spread now: BloFin against Extended+0.112%7-day average +0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$255as in the Funding arb table
Net, price: spread back to 7d avg − costs−$264as in the Price arb table
costs, in and out, $10k−$2682.680% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.135%+$13 on $10k
Price spread, last 4 days (all we have)+0.128%+$13 · spread now +0.112%, 7d avg +0.074%
Together, before fees+0.262%+ Points / potential airdropExtended: Active · farm board+$26 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BloFin is 0.038% dearer against Extended than usual: you sell high and buy low (spread +0.112% now, against its 7-day average of +0.074%): +$4 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 10 hours. Mind the row above: over the last 7 days funding on this pair paid +0.135%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.135% in total (about 7.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended PRL-USD0.11840.0392pay 0.0049% / 1h1m 17s$775$215K5x
ShortBloFin PRL-USDT0.11850.0095get 0.0047% / 4h1m 17s$137K$14K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Extended. 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
−$62.39
Price spread: +0.112% → +0.074%
$3.76
Slippage, 4 orders
−$250.98
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$326.61
Costs to cover
2.680%
Break-even
never at this rate
Slippage from Extended: live order book, 35 min ago; BloFin: live order book, 66 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 35 min ago5.09 bp63.6 bp −$64478.9 bp −$4,789doesn't fitdoesn't fit
Sell BloFin live order book, 66 min ago12.72 bp74.6 bp −$75506.0 bp −$5,060doesn't fitdoesn't fit

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
BloFin PRL-USDTshort+0.0095%4h0.1185+0.112%$137K$14K25x
Bybit PRLUSDT+0.0100%4h0.1186+0.196%$738K$595K25xas long as short
Gate PRL_USDT+0.0100%4h0.1185+0.078%$100K$61K20xas long as short
KuCoin PRLUSDTM+0.0100%4h0.1185+0.095%$1.5M$273K20xas long as short
Bitget PRLUSDT+0.0100%4h0.1183−0.057%$851K$396K20xas long as short
SunX PRL-USDT+0.0100%4h0.1183−0.057%$2K$1.2M20xas long as short
Coinbase International PRL-PERP-INTX+0.0368%1h0.1179−0.377%$17K$12K50xas long as short
BingX PRL-USDT+0.0380%4h0.1185+0.112%$1.6Mas long as short
MEXC PRL_USDT+0.0390%4h0.1184+0.027%$503K$168K20xas long as short
Binance PRLUSDT+0.0392%4h0.1184+0.027%$2.1M$2.4M20xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended PRL-USDlong+0.0392%1h0.1184long leg$775$215K5x
Aster PRLUSDT+0.0402%4h0.1183−0.029%$5K$1K5xas long as short
Deribit PRL_USDC-PERPETUAL+0.1543%1h0.1185+0.088%10xas long as short