Funding arb · Price arb /

PROVE

all PROVE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.1042%/8h= +114.2% APRpaid last 24h −0.111%

Price spread now: Variational Omni against ApeX Omni+0.169%7-day average — · you sell dearer than you buy

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

Long on ApeX Omni Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$31 a day on $10k at the current rate, and Variational Omni is 0.169% dearer against ApeX Omni than usual: you sell high and buy low: +$17 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni PROVEUSDT	0.2264	−0.0942	get 0.0118% / 1h	58m 49s	$15K	$309K	50x
Short	Variational Omni PROVE	0.2268	0.0100	get 0.0050% / 4h	58m 49s	$26K	$47K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against ApeX Omni. 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 ApeX OmnibpFee Variational OmnibpOrdersPrice spread, now +0.169%Rate

Funding earned: $218.92
Price spread: +0.169% → 0.000%: $16.93
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $225.85
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: ApeX Omni: live order book, 44 min ago; Variational Omni: no order-book sample. 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 ApeX Omni live order book, 44 min ago	13.33 bp	21.1 bp −$21	127.0 bp −$1,270	doesn't fit	doesn't fit
Sell Variational Omni no order-book sample	—	—	—	—	—

Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

PROVE on 14 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
Aster PROVEUSDT	−0.1247%	4h	0.2264	−0.008%	$38K	$207K	5x	as long as short
ApeX Omni PROVEUSDTlong	−0.0942%	1h	0.2264	long leg	$15K	$309K	50x
Bitget PROVEUSDT	−0.0814%	4h	0.2263	−0.056%	$620K	$3.6M	50x	as long as short
Gate PROVE_USDT	−0.0804%	4h	0.2270	+0.253%	$156K	$681K	75x	as long as short
Binance PROVEUSDT	−0.0781%	4h	0.2263	−0.049%	$3.4M	$29.4M	75x	as long as short
MEXC PROVE_USDT	−0.0780%	4h	0.2262	−0.100%	$316K	$371K	20x	as long as short
OKX PROVE-USDT-SWAP	−0.0656%	4h	0.2263	−0.056%	$634K	$6.4M	20x	as long as short
KuCoin PROVEUSDTM	−0.0404%	4h	0.2266	+0.090%	$2.7M	$676K	50x	as long as short
GRVT PROVE_USDT_Perp	−0.0330%	4h	0.2267	+0.119%	$209K	$3.3M	10x	as long as short
Hyperliquid PROVE	−0.0021%	1h	0.2266	+0.084%	$318K	$695K	3x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter PROVE	+0.0096%	1h	0.2269	+0.191%	$35K	$120K	3x	as long as short
Bybit PROVEUSDT	+0.0100%	4h	0.2267	+0.121%	$2.1M	$8.6M	25x	as long as short
BingX PROVE-USDT	+0.0100%	4h	0.2266	+0.076%	—	$2.4M	—	as long as short
Variational Omni PROVEshort	+0.0100%	4h	0.2268	+0.169%	$26K	$47K	—