Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.02 per $10,000 · paid last 24h −0.019%
Price spread now: KuCoin against MEXC−0.009%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$836as in the Funding arb table
Net, price: spread back to 7d avg − costs−$842as in the Price arb table
costs, in and out, $10k−$8438.432% of the position
Funding, last 7 days+0.073%+$7 on $10k
+Price spread, last 4 days (all we have)−0.128%−$13 · spread now −0.009%, 7d avg −0.022%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PRL_USDT | 0.1175 | 0.0480 | pay 0.0240% / 4h | 1h 25m | $471K | $174K | 20x |
| Short | KuCoin PRLUSDTM | 0.1175 | 0.0476 | get 0.0238% / 4h | 1h 25m | $1.5M | $279K | 20x |
MEXC PRL_USDT
KuCoin PRLUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$0.84
- Price spread: −0.009% → −0.022%
- $1.33
- Slippage, 4 orders
- −$827.22
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$842.73
- Costs to cover
- 8.432%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 49 min ago; KuCoin: live order book, 5 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 | 4.26 bp | 15.8 bp −$16 | 90.7 bp −$907 | 340.9 bp −$34.1K | 891.9 bp −$445.9K |
| Sell KuCoin live order book, 5 min ago | 10.64 bp | 588.3 bp −$588 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin PRL-USDT | +0.0086% | 4h | 0.1177 | +0.170% | $137K | $14K | 25x | as long as short |
| Bybit PRLUSDT | +0.0100% | 4h | 0.1176 | +0.085% | $714K | $472K | 25x | as long as short |
| Gate PRL_USDT | +0.0100% | 4h | 0.1177 | +0.145% | $99K | $62K | 20x | as long as short |
| Bitget PRLUSDT | +0.0100% | 4h | 0.1174 | −0.085% | $834K | $379K | 20x | as long as short |
| SunX PRL-USDT | +0.0100% | 4h | 0.1175 | 0.000% | $1K | $1.1M | 20x | as long as short |
| Coinbase International PRL-PERP-INTX | +0.0160% | 1h | 0.1166 | −0.809% | $17K | $12K | 50x | as long as short |
| KuCoin PRLUSDTMshort | +0.0476% | 4h | 0.1175 | −0.009% | $1.5M | $279K | 20x | |
| Extended PRL-USD | +0.0480% | 1h | 0.1176 | +0.055% | $4K | $158K | 5x | as long as short |
| MEXC PRL_USDTlong | +0.0480% | 4h | 0.1175 | long leg | $471K | $174K | 20x | |
| Binance PRLUSDT | +0.0480% | 4h | 0.1176 | +0.066% | $2.1M | $2.4M | 20x | as long as short |
BloFin PRL-USDT
Bybit PRLUSDT
Gate PRL_USDT
Bitget PRLUSDT
SunX PRL-USDT
Coinbase International PRL-PERP-INTX
Extended PRL-USD
Binance PRLUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX PRL-USDT | +0.0508% | 4h | 0.1175 | 0.000% | — | $1.6M | — | as long as short |
| Aster PRLUSDT | +0.0518% | 4h | 0.1174 | −0.071% | $6K | $614 | 5x | as long as short |
| Deribit PRL_USDC-PERPETUAL | +0.2069% | 1h | 0.1176 | +0.062% | — | — | 10x | as long as short |
BingX PRL-USDT
Aster PRLUSDT
Deribit PRL_USDC-PERPETUAL