ArbiLayer

PRL arbitrage

live

Live Pearl price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread-0.07%Bybit → Bitget · Perp–Perp
Best perp–perp spread+0.09%Bybit → Bitget
Markets tracked117 venues · 7 perp · 4 spot · 0 DEX
Price range0.23%$0.1089 – $0.1092

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Gate logoGatespot$0.109Bitget logoBitgetspot$0.1089 -0.06%-0.26% -0.06%— 0.000%— LS Chart →
KuCoin logoKuCoinspot$0.109Bitget logoBitgetspot$0.1089 -0.09%-0.29% -0.09%— 0.000%— LS Chart →
MEXC logoMEXCspot$0.1091Bitget logoBitgetspot$0.1089 -0.16%-0.36% -0.16%— 0.000%— LS Chart →
Gate logoGatespot$0.109MEXC logoMEXCspot$0.1088 -0.18%-0.38% -0.18%— 0.000%— LS Chart →
Gate logoGatespot$0.109KuCoin logoKuCoinspot$0.1088 -0.18%-0.38% -0.18%— 0.000%— LS Chart →
KuCoin logoKuCoinspot$0.109Gate logoGatespot$0.1088 -0.21%-0.41% -0.21%— 0.000%— LS Chart →
KuCoin logoKuCoinspot$0.109MEXC logoMEXCspot$0.1088 -0.21%-0.41% -0.21%— 0.000%— LS Chart →
Bitget logoBitgetspot$0.1091Gate logoGatespot$0.1088 -0.24%-0.44% -0.24%— 0.000%— LS Chart →
Bitget logoBitgetspot$0.1091MEXC logoMEXCspot$0.1088 -0.24%-0.44% -0.24%— 0.000%— LS Chart →
Bitget logoBitgetspot$0.1091KuCoin logoKuCoinspot$0.1088 -0.24%-0.44% -0.24%— 0.000%— LS Chart →
MEXC logoMEXCspot$0.1091Gate logoGatespot$0.1088 -0.27%-0.47% -0.27%— 0.000%— LS Chart →
MEXC logoMEXCspot$0.1091KuCoin logoKuCoinspot$0.1088 -0.27%-0.47% -0.27%— 0.000%— LS Chart →
Long = where you buy, Short = where you sell. Net subtracts a two-leg taker fee model; Spread+F adds the next funding payment.Updates every 15 seconds. Not investment advice.

PRL price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
KuCoin logoKuCoinPerpetual · PRLUSDTMPerpetual $0.1089$0.109$0.1089-0.05% +0.030%$2.04M
Bybit logoBybitPerpetual · PRLUSDTPerpetual $0.1089$0.109$0.1089-0.04% +0.030%$432.0K
Bitget logoBitgetPerpetual · PRLUSDTPerpetual $0.1091$0.1092$0.1092+0.14% +0.030%$288.9K
Bitget logoBitgetSpot · PRLUSDTSpot $0.1089$0.1091$0.1090.00% —$130.5K
MEXC logoMEXCPerpetual · PRL_USDTPerpetual $0.109$0.1091$0.1091+0.05% +0.030%$118.0K
Gate logoGateSpot · PRL_USDTSpot $0.1088$0.109$0.1089-0.09% —$53.9K
Gate logoGatePerpetual · PRL_USDTPerpetual $0.1089$0.1091$0.109+0.03% +0.030%$27.2K
KuCoin logoKuCoinSpot · PRL-USDTSpot $0.1088$0.109$0.1089-0.07% —$13.5K
Binance logoBinancePerpetual · PRLUSDTPerpetual $0.109$0.1091$0.1091+0.05% +0.030%—
Aster logoAsterPerpetual · PRLUSDTPerpetual $0.1089$0.1092$0.1091+0.05% +0.030%—
MEXC logoMEXCSpot · PRLUSDTSpot $0.1088$0.1091$0.1089-0.04% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

PRL arbitrage explained

Right now Pearl (PRL) trades on 7 venues we scan: 7 perpetual markets, 4 spot markets and 0 DEX pools. The lowest ask is on Bybit perp at $0.109 and the highest bid on Bitget perp at $0.1091.

The widest PRL perpetual spread is between Bybit and Bitget: long PRL on Bybit at $0.109 and short on Bitget at $0.1091 for +0.09% gross, or -0.07% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is 0.000% per day, which the position collects while it is open.

For a spot–perpetual (cash-and-carry) trade, the best PRL route is to buy spot on Gate and short the perpetual on Bitget: +0.09% gross, -0.11% net, with +0.030% a day of funding on the short leg.

Spot–spot PRL arbitrage (buy on Gate, withdraw, deposit and sell on Bitget) shows -0.06% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.

Small PRL gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.

Related: PRL funding rates · PRL spread charts · Pearl price · arbitrage scanner for all coins.

Is there a PRL arbitrage opportunity right now?

The best PRL route right now is to buy on Bybit → sell on Bitget (Perp–Perp): +0.09% gross and -0.07% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest PRL?

Bybit (perp) has the lowest PRL ask at $0.109, and Bitget (perp) the highest bid at $0.1091. Prices update every 15 seconds on this page.

How many exchanges list PRL?

ArbiLayer tracks 11 PRL markets on 7 venues: 7 perpetual, 4 spot and 0 DEX pools.

How do I arbitrage PRL without transferring coins?

Use two perpetual contracts: go long PRL on the cheaper exchange (Bybit now) and short it on the more expensive one (Bitget), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins