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

PRL

all PRL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.094%
Price spread now: KuCoin against Gate−0.076%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.051%+$5 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.076% cheaper against Gate than usual: you would sell low and buy high, −$8 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate PRL_USDT0.11850.0100pay 0.0050% / 4h0m 45s$100K$61K20x
ShortKuCoin PRLUSDTM0.11840.0100get 0.0050% / 4h0m 45s$1.5M$273K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Gate. 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
$0
Price spread: −0.076% → 0.000%
−$7.6
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$34.6
Costs to cover
0.270%
Break-even
never at this rate
Slippage unknown: Gate: live order book, 41 min ago; KuCoin: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 41 min ago19.00 bp316.7 bp −$317doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago9.72 bp243.6 bp −$244doesn't fitdoesn'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-USDT+0.0095%4h0.1185+0.034%$137K$14K25xas long as short
Bybit PRLUSDT+0.0100%4h0.1185+0.034%$737K$595K25xas long as short
Gate PRL_USDTlong+0.0100%4h0.1185long leg$100K$61K20x
KuCoin PRLUSDTMshort+0.0100%4h0.1184−0.076%$1.5M$273K20x
Bitget PRLUSDT+0.0100%4h0.1183−0.135%$851K$396K20xas long as short
SunX PRL-USDT+0.0100%4h0.1183−0.135%$2K$1.2M20xas long as short
Coinbase International PRL-PERP-INTX+0.0368%1h0.1179−0.455%$17K$12K50xas long as short
BingX PRL-USDT+0.0380%4h0.1185+0.034%$1.6Mas long as short
MEXC PRL_USDT+0.0390%4h0.1184−0.051%$503K$168K20xas long as short
Extended PRL-USD+0.0392%1h0.1184−0.078%$775$215K5xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance PRLUSDT+0.0401%4h0.1184−0.051%$2.1M$2.4M20xas long as short
Aster PRLUSDT+0.0415%4h0.1183−0.108%$5K$1K5xas long as short
Deribit PRL_USDC-PERPETUAL+0.1543%1h0.1185+0.010%10xas long as short