PRL funding rates and arbitrage
Updated 2026-11-11 22:51 UTC
Best PRL arbitrage after every cost
No PRL pair nets a profit at this size right now.
At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry.
PRL funding rate on every exchange
| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| Lighter | PRL | 0.0836% | 1 h | +732.3% | +6.1% | $454.1K | 2026-11-11 23:00 |
| ApeX | PRL-USDT | 0.0591% | 1 h | +518.1% | −71.8% | $1.3K | 2026-11-11 23:00 |
| Hyperliquid | io:PRL | 0.0217% | 1 h | +189.7% | +63.6% | $8.1M | 2026-11-11 23:00 |
| Extended | PRL-USD | 0.0013% | 1 h | +11.4% | +12.5% | $6K | 2026-11-11 23:00 |
| Bybit | PRLUSDT | 0.0050% | 4 h | +10.9% | +11.0% | $505.9K | 2026-11-12 00:00 |
| MEXC | PRL_USDT | 0.0050% | 4 h | +10.9% | +11.8% | $142.3K | 2026-11-12 00:00 |
| Bitget | PRLUSDT | 0.0050% | 4 h | +10.9% | +11.0% | $564.7K | 2026-11-12 00:00 |
| LBank | PRLUSDT | 0.0050% | 4 h | +10.9% | +12.1% | — | 2026-11-12 00:00 |
| Bitunix | PRLUSDT | 0.0050% | 4 h | +10.9% | +11.9% | — | 2026-11-12 00:00 |
| BingX | PRL-USDT | 0.0050% | 4 h | +10.9% | +11.8% | $208.7K | 2026-11-12 00:00 |
| Binance | PRLUSDT | 0.0050% | 4 h | +10.9% | +11.8% | $1.4M | 2026-11-12 00:00 |
| Aster | PRLUSDT | 0.0050% | 4 h | +10.9% | +11.6% | $2.8K | 2026-11-12 00:00 |
| Gate | PRL_USDT | 0.0050% | 4 h | +10.9% | +11.0% | $111.7K | 2026-11-12 00:00 |
| BloFin | PRL-USDT | 0.0023% | 4 h | +5.1% | +11.6% | $81.6K | 2026-11-12 00:00 |
| KuCoin | PRLUSDTM | -0.0637% | 4 h | −139.5% | +11.5% | $1M | 2026-11-12 00:00 |
| Crypto.com | PRLUSD-PERP | -0.0253% | 1 h | −221.5% | −158.7% | $528 | 2026-11-11 23:00 |
Borrow PRL to sell spot
| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| Bitget | 1.32% | — |
| Gate | 12.07% | $20K |
Cost to enter $10,000 of PRL
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| Bitget | PRLUSDT | 40.4 bp | live order book |
| Bybit | PRLUSDT | 49.2 bp | live order book |
| ApeX | PRL-USDT | 60.5 bp * | order-book snapshot, 52 min old |
| MEXC | PRL_USDT | 4.7 bp | top of book only |
| Extended | PRL-USD | 10.5 bp | top of book only |
| Aster | PRLUSDT | 11.2 bp | top of book only |
| Lighter | PRL | 11.8 bp | top of book only |
| Bitget | PRLUSDT (spot) | 14.3 bp | top of book only |
| Gate | PRL_USDT | 16.2 bp | top of book only |
| BloFin | PRL-USDT | 27.7 bp | top of book only |
| Gate | PRL_USDT (spot) | 29.4 bp | top of book only |
| KuCoin | PRLUSDTM | book can't fill $10,000 | live order book |
Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees. * fee estimated: the exchange publishes no fee schedule without an account.
More on PRL
Questions
Is PRL funding-rate arbitrage profitable right now?
Not at $10,000 per side for 7 days: no PRL pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.
Which exchange has the highest PRL funding rate?
Lighter at +732.3% a year (0.0836% every 1 h); the lowest is Crypto.com at −221.5%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.
The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you.