PRL: KuCoin ↔ Bitget arbitrage

PRL arbitrage between KuCoin and Bitget: we compare the price of PRL on KuCoin (futures) and Bitget (spot) in real time — the executable spread (buy at the ask, sell at the bid), basis, volume and deposit/withdrawal status. You can see whether the gap holds or is a one-second blip you would never get into.

PRL: KuCoin — deposit open, withdrawal open; Bitget — deposit open, withdrawal open.

Open interest in PRL right now — $12.1M: KuCoin $4.8M, Binance $2.9M, Bitget $1.5M, BingX $1.4M, Bybit $1.4M. See OI PRL.

About PRL arbitrage

How do I read the PRL spread?

The spread is how many percent higher PRL trades on one exchange than on the other. We measure it at tradeable prices (ask/bid) net of fees; “net” is closer to what you actually keep.

Is this arbitrage worth taking?

Look past the spread: check volume, order-book depth and the deposit/withdrawal status on KuCoin and Bitget. If deposits or withdrawals are shut, or the book is thin, the spread exists on paper but you cannot trade into it.

How do I get PRL alerts?

Build a rule in the the builder with the spread threshold you want — the notification arrives as a Telegram direct message within seconds.