Funding you earn now, next payment 04:00 UTC+0.0006%/8h= +0.7% APRnext payment +$0.03 per $10,000 · paid last 24h +0.003%
Price spread now: Binance against MEXC+0.085%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$860.856% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.096%−$10 · spread now +0.085%, 7d avg +0.035%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.050% dearer against MEXC than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.035%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PRL_USDT | 0.1177 | 0.0668 | pay 0.0334% / 4h | 0m 52s | $461K | $175K | 20x |
| Short | Binance PRLUSDT | 0.1178 | 0.0674 | get 0.0337% / 4h | 0m 52s | $2.1M | $2.4M | 20x |
MEXC PRL_USDT
Binance PRLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against MEXC. 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
- $1.26
- Price spread: +0.085% → +0.035%
- $5
- Slippage, 4 orders
- −$71.61
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$79.34
- Costs to cover
- 0.856%
- Break-even
- 446.3 days
Slippage from MEXC: live order book, 49 min ago; Binance: live order book, 4 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 MEXC live order book, 49 min ago | 4.27 bp | 21.8 bp −$22 | 98.6 bp −$986 | 335.3 bp −$33.5K | 787.1 bp −$393.5K |
| Sell Binance live order book, 4 min ago | 4.25 bp | 28.2 bp −$28 | 178.4 bp −$1,784 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate PRL_USDT | +0.0100% | 4h | 0.1180 | +0.229% | $99K | $65K | 20x | as long as short |
| Bitget PRLUSDT | +0.0100% | 4h | 0.1177 | 0.000% | $850K | $414K | 20x | as long as short |
| SunX PRL-USDT | +0.0100% | 4h | 0.1177 | 0.000% | $2K | $1.1M | 20x | as long as short |
| KuCoin PRLUSDTM | +0.0534% | 4h | 0.1177 | +0.008% | $1.5M | $252K | 20x | as long as short |
| Bybit PRLUSDT | +0.0582% | 4h | 0.1177 | 0.000% | $733K | $580K | 25x | as long as short |
| BloFin PRL-USDT | +0.0621% | 4h | 0.1180 | +0.255% | $139K | $14K | 25x | as long as short |
| BingX PRL-USDT | +0.0638% | 4h | 0.1178 | +0.085% | — | $1.6M | — | as long as short |
| MEXC PRL_USDTlong | +0.0668% | 4h | 0.1177 | long leg | $461K | $175K | 20x | |
| Extended PRL-USD | +0.0672% | 1h | 0.1178 | +0.056% | $6K | $149K | 5x | as long as short |
| Binance PRLUSDTshort | +0.0674% | 4h | 0.1178 | +0.085% | $2.1M | $2.4M | 20x |
Gate PRL_USDT
Bitget PRLUSDT
SunX PRL-USDT
KuCoin PRLUSDTM
Bybit PRLUSDT
BloFin PRL-USDT
BingX PRL-USDT
Extended PRL-USDShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster PRLUSDT | +0.0761% | 4h | 0.1175 | −0.152% | $5K | $1K | 5x | as long as short |
| Coinbase International PRL-PERP-INTX | +0.0840% | 1h | 0.1169 | −0.708% | $17K | $12K | 50x | as long as short |
| Deribit PRL_USDC-PERPETUAL | +0.2668% | 1h | 0.1179 | +0.173% | — | — | 10x | as long as short |
Aster PRLUSDT
Coinbase International PRL-PERP-INTX
Deribit PRL_USDC-PERPETUAL