Funding you earn now, next payment 04:00 UTC+0.0040%/8h= +4.4% APRnext payment +$0.20 per $10,000 · paid last 24h +0.030%
Price spread now: MEXC against KuCoin−0.068%7-day average +0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,091as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,095as in the Price arb table
costs, in and out, $10k−$1,08610.861% of the position
Funding, last 7 days−0.054%−$5 on $10k
+Price spread, last 4 days (all we have)+0.141%+$14 · spread now −0.068%, 7d avg +0.021%
=Funding pays, the price is against you. MEXC is 0.089% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.068% now, against its 7-day average of +0.021%). If the spread goes back, that is −$9 on $10k: about 7.4 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.054%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin PRLUSDTM | 0.1175 | 0.0470 | pay 0.0235% / 4h | 2h 21m | $1.5M | $253K | 20x |
| Short | MEXC PRL_USDT | 0.1174 | 0.0510 | get 0.0255% / 4h | 2h 21m | $470K | $174K | 20x |
KuCoin PRLUSDTM
MEXC PRL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against KuCoin. 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
- $8.4
- Price spread: −0.068% → +0.021%
- −$8.86
- Slippage, 4 orders
- −$1,070.14
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$1,086.6
- Costs to cover
- 10.861%
- Break-even
- 912.5 days
Slippage from KuCoin: live order book, 9 min ago; MEXC: live order book, 37 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 KuCoin live order book, 9 min ago | 7.67 bp | 594.7 bp −$595 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 37 min ago | 4.26 bp | 15.2 bp −$15 | 60.3 bp −$603 | 301.9 bp −$30.2K | 873.4 bp −$436.7K |
PRL on 12 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 | 0.1176 | +0.119% | $99K | $64K | 20x | as long as short |
| Bitget PRLUSDT | +0.0100% | 4h | 0.1174 | −0.068% | $835K | $404K | 20x | as long as short |
| SunX PRL-USDT | +0.0100% | 4h | 0.1174 | −0.068% | $2K | $1.1M | 20x | as long as short |
| Coinbase International PRL-PERP-INTX | +0.0272% | 1h | 0.1184 | +0.770% | $17K | $12K | 50x | as long as short |
| KuCoin PRLUSDTMlong | +0.0470% | 4h | 0.1175 | long leg | $1.5M | $253K | 20x | |
| MEXC PRL_USDTshort | +0.0510% | 4h | 0.1174 | −0.068% | $470K | $174K | 20x | |
| Binance PRLUSDT | +0.0512% | 4h | 0.1174 | −0.068% | $2.1M | $2.4M | 20x | as long as short |
| Extended PRL-USD | +0.0512% | 1h | 0.1175 | −0.007% | $690 | $155K | 5x | as long as short |
| Aster PRLUSDT | +0.0569% | 4h | 0.1175 | −0.013% | $6K | $614 | 5x | as long as short |
| BingX PRL-USDT | +0.1156% | 4h | 0.1175 | +0.017% | — | $1.6M | — | as long as short |
Gate PRL_USDT
Bitget PRLUSDT
SunX PRL-USDT
Coinbase International PRL-PERP-INTX
Binance PRLUSDT
Extended PRL-USD
Aster PRLUSDT
BingX PRL-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit PRLUSDT | +0.1238% | 4h | 0.1175 | +0.017% | $780K | $545K | 25x | as long as short |
| Deribit PRL_USDC-PERPETUAL | +0.2489% | 1h | 0.1175 | +0.048% | — | — | 10x | as long as short |
Bybit PRLUSDT
Deribit PRL_USDC-PERPETUAL