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

PRL

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.2062%/8h= +225.8% APRpaid last 24h
Price spread now: Deribit against KuCoin−0.012%53s7-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 daysno history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$62 a day on $10k at the current rate. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin PRLUSDTM0.11750.0470pay 0.0235% / 4h2h 22m$1.5M$253K20x
ShortDeribit PRL_USDC-PERPETUAL0.11750.2532get 0.0317% / 1h22m 27s10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against KuCoin. 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
$433.03
Price spread: −0.012% → 0.000%
−$1.19
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$412.84
Costs to cover
0.190%
Break-even
0.3 days
Slippage unknown: KuCoin: live order book, 8 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
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 8 min ago7.67 bp594.7 bp −$595doesn't fitdoesn't fitdoesn'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 12 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
Gate PRL_USDT+0.0100%4h0.1176+0.094%$99K$64K20xas long as short
Bitget PRLUSDT+0.0100%4h0.1175−0.017%$836K$404K20xas long as short
SunX PRL-USDT+0.0100%4h0.1173−0.187%$2K$1.1M20xas long as short
Coinbase International PRL-PERP-INTX+0.0272%1h0.1184+0.736%$17K$12K50xas long as short
KuCoin PRLUSDTMlong+0.0470%4h0.1175long leg$1.5M$253K20x
MEXC PRL_USDT+0.0510%4h0.1175−0.017%$470K$174K20xas long as short
Binance PRLUSDT+0.0511%4h0.1176+0.071%$2.1M$2.4M20xas long as short
Extended PRL-USD+0.0512%1h0.1175+0.013%$690$155K5xas long as short
Aster PRLUSDT+0.0566%4h0.1175−0.054%$6K$6145xas long as short
BingX PRL-USDT+0.1038%4h0.1174−0.102%$1.6Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit PRLUSDT+0.1243%4h0.1176+0.068%$781K$544K25xas long as short
Deribit PRL_USDC-PERPETUALshort+0.2532%1h0.1175−0.012%10x