PRL Funding Rates: Live Across 15 Exchanges

As of 2026-10-03 20:12 UTC, PRL perpetual funding averages 0.0251% per 8 hours (27.51% APR) across all 15 exchanges that list it, weighted by 24h volume (median 0.0100%). Highest: Lighter at 0.4568% per 8h (500.20% APR). Lowest: Toobit at 0.0050% per 4h (10.95% APR). Going long on Toobit and short on Lighter collects a gross spread of 0.4468% per 8 hours (489.25% APR) before fees.

Long PRL on Toobit and short on Lighter for a funding gap of 0.4468% per 8 hours. Trading fees, slippage and the price basis between venues reduce the net return; the funding table shows it after fees for your size. See how this gap moved. Learn how funding rate arbitrage works and what a funding rate is.

Frequently asked questions

Is the PRL funding rate positive right now?

Mostly yes. PRL funding is positive on 14 of the 15 exchanges, which means longs are paying shorts on those venues.

Which exchange has the highest PRL funding rate?

Lighter at 0.4568% per 8h (500.20% APR). The lowest is Toobit at 0.0050% per 4h (10.95% APR).

What is the PRL funding arbitrage spread?

The gross spread is 0.4468% per 8 hours (489.25% APR): long PRL on Toobit and short on Lighter. Trading fees, slippage and price basis reduce the net return.

How often is PRL funding paid?

PRL funding is paid every 8 hours on Lighter; every 4 hours on XT.COM, Binance, Bybit, Bitget, Gate, KuCoin, MEXC, BingX, LBank, WEEX, Toobit, and Aster; every hour on Extended and Crypto.com. Rates on this page are also shown as APR so they can be compared directly.