PRL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0864%/8h= +94.6% APRnext payment +$4.32 per $10,000 · paid last 24h +0.159%

Price spread now: BingX against SunX+0.085%7-day average +0.087% · you sell dearer than you buy

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

Long on SunX Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.485%+$48 on $10k

Price spread, last 4 days (all we have)−0.608%−$61 · spread now +0.085%, 7d avg +0.087%

Together, before fees−0.123%−$12 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.087%, so right now this pair is about funding alone: +$26 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.485% in total (about 25.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.32 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	SunX PRL-USDT	0.1174	0.0100	pay 0.0050% / 4h	1h 43m	$2K	$1.1M	20x
Short	BingX PRL-USDT	0.1175	0.0964	get 0.0482% / 4h	1h 43m	—	$1.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against SunX. 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 SunXbpFee BingXbpOrdersPrice spread, now +0.085%Rate

Funding earned: $181.44
Price spread: +0.085% → +0.087%: −$0.18
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee BingX: 5 bp × 2 orders: −$10
Net: $163.26
Costs to cover: 0.180%
Break-even: 0.7 days

Slippage unknown: SunX: live order book, 10 min ago; BingX: 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 SunX live order book, 10 min ago	502.98 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 3 min ago	12.80 bp	33.3 bp −$33	108.5 bp −$1,085	1058.6 bp −$105.9K	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	0.1174	−0.009%	$99K	$64K	20x	as long as short
Bitget PRLUSDT	+0.0100%	4h	0.1171	−0.256%	$830K	$391K	20x	as long as short
SunX PRL-USDTlong	+0.0100%	4h	0.1174	long leg	$2K	$1.1M	20x
KuCoin PRLUSDTM	+0.0466%	4h	0.1174	−0.009%	$1.5M	$243K	20x	as long as short
MEXC PRL_USDT	+0.0496%	4h	0.1174	0.000%	$470K	$171K	20x	as long as short
Binance PRLUSDT	+0.0502%	4h	0.1175	+0.085%	$2.1M	$2.3M	20x	as long as short
Extended PRL-USD	+0.0504%	1h	0.1175	+0.112%	$3K	$156K	5x	as long as short
Aster PRLUSDT	+0.0533%	4h	0.1171	−0.296%	$6K	$614	5x	as long as short
Coinbase International PRL-PERP-INTX	+0.0632%	1h	0.1184	+0.839%	$17K	$12K	50x	as long as short
BloFin PRL-USDT	+0.0939%	4h	0.1173	−0.085%	$136K	$14K	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-USDTshort	+0.0964%	4h	0.1175	+0.085%	—	$1.6M	—
Bybit PRLUSDT	+0.0972%	4h	0.1176	+0.170%	$784K	$528K	25x	as long as short
Deribit PRL_USDC-PERPETUAL	+0.2745%	1h	0.1175	+0.116%	—	—	10x	as long as short