Funding you earn now, next payment 03:00 UTC+0.2241%/8h= +245.4% APRnext payment +$2.80 per $10,000 · paid last 24h —
Price spread now: Deribit against Extended+0.058%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
=Both sides work for this trade now. Funding pays +$67 a day on $10k at the current rate, and Deribit is 0.058% dearer against Extended than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended PRL-USD | 0.1175 | 0.0504 | pay 0.0063% / 1h | 42m 36s | $3K | $156K | 5x |
| Short | Deribit PRL_USDC-PERPETUAL | 0.1175 | 0.2745 | get 0.0343% / 1h | 42m 36s | — | — | 10x |
Extended PRL-USD
Deribit PRL_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $470.66
- Price spread: +0.058% → 0.000%
- $5.79
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $464.46
- Costs to cover
- 0.120%
- Break-even
- 0.1 days
Slippage unknown: Extended: live order book, 18 min ago; Deribit: no order-book sample. 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 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 Deribit no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate PRL_USDT | +0.0100% | 4h | 0.1175 | +0.061% | $99K | $64K | 20x | as long as short |
| Bitget PRLUSDT | +0.0100% | 4h | 0.1172 | −0.228% | $831K | $391K | 20x | as long as short |
| SunX PRL-USDT | +0.0100% | 4h | 0.1174 | −0.058% | $2K | $1.1M | 20x | as long as short |
| KuCoin PRLUSDTM | +0.0466% | 4h | 0.1175 | +0.010% | $1.5M | $243K | 20x | as long as short |
| MEXC PRL_USDT | +0.0502% | 4h | 0.1175 | +0.027% | $470K | $171K | 20x | as long as short |
| Extended PRL-USDlong | +0.0504% | 1h | 0.1175 | long leg | $3K | $156K | 5x | |
| Binance PRLUSDT | +0.0514% | 4h | 0.1175 | +0.027% | $2.1M | $2.3M | 20x | as long as short |
| Aster PRLUSDT | +0.0541% | 4h | 0.1174 | −0.061% | $6K | $614 | 5x | as long as short |
| Coinbase International PRL-PERP-INTX | +0.0632% | 1h | 0.1184 | +0.781% | $17K | $12K | 50x | as long as short |
| BloFin PRL-USDT | +0.0914% | 4h | 0.1172 | −0.228% | $135K | $14K | 25x | as long as short |
Gate PRL_USDT
Bitget PRLUSDT
SunX PRL-USDT
KuCoin PRLUSDTM
MEXC PRL_USDT
Binance PRLUSDT
Aster PRLUSDT
Coinbase International PRL-PERP-INTX
BloFin PRL-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX PRL-USDT | +0.0964% | 4h | 0.1174 | −0.058% | — | $1.6M | — | as long as short |
| Bybit PRLUSDT | +0.0998% | 4h | 0.1176 | +0.112% | $784K | $529K | 25x | as long as short |
| Deribit PRL_USDC-PERPETUALshort | +0.2745% | 1h | 0.1175 | +0.058% | — | — | 10x |
BingX PRL-USDT
Bybit PRLUSDT