PRL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0466%/8h= −51.0% APRnext payment −$2.33 per $10,000 · paid last 24h −0.122%

Price spread now: SunX against KuCoin−0.144%7-day average −0.061% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.300%−$30 on $10k

Price spread, last 4 days (all we have)+0.620%+$62 · spread now −0.144%, 7d avg −0.061%

Together, before fees+0.319%+$32 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and SunX is 0.084% cheaper against KuCoin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.061%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.300% in total (about -15.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.33 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin PRLUSDTM	0.1179	0.0566	pay 0.0283% / 4h	3h 50m	$1.5M	$252K	20x
Short	SunX PRL-USDT	0.1177	0.0100	get 0.0050% / 4h	3h 50m	$2K	$1.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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

Position, each leg$Hold fordaysFee KuCoinbpFee SunXbpOrdersPrice spread, now −0.144%Rate

Funding earned: −$97.86
Price spread: −0.144% → −0.061%: −$8.35
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$126.21
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 5 min ago; SunX: live order book, 3 min ago. 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 KuCoin live order book, 5 min ago	10.18 bp	187.0 bp −$187	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 3 min ago	504.88 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

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
Bitget PRLUSDT	+0.0100%	4h	0.1178	−0.059%	$850K	$412K	20x	as long as short
SunX PRL-USDTshort	+0.0100%	4h	0.1177	−0.144%	$2K	$1.1M	20x
Gate PRL_USDT	+0.0342%	4h	0.1180	+0.110%	$99K	$65K	20x	as long as short
KuCoin PRLUSDTMlong	+0.0566%	4h	0.1179	long leg	$1.5M	$252K	20x
Coinbase International PRL-PERP-INTX	+0.0584%	1h	0.1169	−0.851%	$17K	$12K	50x	as long as short
Binance PRLUSDT	+0.0696%	4h	0.1179	+0.060%	$2.1M	$2.4M	20x	as long as short
Extended PRL-USD	+0.0696%	1h	0.1179	+0.040%	$779	$154K	5x	as long as short
MEXC PRL_USDT	+0.0696%	4h	0.1179	+0.025%	$462K	$172K	20x	as long as short
Aster PRLUSDT	+0.0761%	4h	0.1177	−0.161%	$5K	$1K	5x	as long as short
Bybit PRLUSDT	+0.1099%	4h	0.1180	+0.110%	$732K	$579K	25x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX PRL-USDT	+0.1196%	4h	0.1179	+0.025%	—	$1.6M	—	as long as short
BloFin PRL-USDT	+0.1358%	4h	0.1180	+0.110%	$139K	$14K	25x	as long as short
Deribit PRL_USDC-PERPETUAL	+0.2010%	1h	0.1179	+0.062%	—	—	10x	as long as short