Settings8H · net · $10k
Funding arb · Price arb /

PROVE

all PROVE markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.1197%/8h= +131.1% APRpaid last 24h +0.039%
Price spread now: ApeX Omni against Aster−0.279%69s7-day average +0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$170as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1061.065% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.640%−$64 on $10k
Price spread, last 4 days (all we have)+0.432%+$43 · spread now −0.279%, 7d avg +0.021%
Together, before fees−0.208%+ Points / potential airdropAster: Stage 5 · farm board−$21 on $10k · with fees, hour by hour
Funding pays, the price is against you. ApeX Omni is 0.300% cheaper against Aster than usual: you would sell low and buy high (spread −0.279% now, against its 7-day average of +0.021%). If the spread goes back, that is −$30 on $10k: about 20 hours of funding at the current rate (+$36 a day). Mind the row above: over the last 7 days funding on this pair cost −0.640%, so the current rate has only just turned in your favour. The two prices were read 69 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.640% in total (about -33.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster PROVEUSDT0.2342−0.3927get 0.1963% / 4h52m 27s$46K$275K5x
ShortApeX Omni PROVEUSDT0.2335−0.2730pay 0.0341% / 1h52m 27s$49K$335K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Aster. 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

Funding earned
$251.34
Price spread: −0.279% → +0.021%
−$30
Slippage, 4 orders
−$88.49
Fee Aster: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$114.85
Costs to cover
1.065%
Break-even
3.8 days
Slippage from Aster: live order book, 4 min ago; ApeX Omni: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 4 min ago10.68 bp33.9 bp −$34384.9 bp −$3,849doesn't fitdoesn't fit
Sell ApeX Omni live order book, 5 min ago10.70 bp19.2 bp −$19115.5 bp −$1,155doesn't fitdoesn't fit

PROVE on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit PROVEUSDT−0.4053%4h0.2344+0.105%$2.2M$11.5M25xas long as short
OKX PROVE-USDT-SWAP−0.4009%4h0.2337−0.194%$615K$8.5M20xas long as short
Aster PROVEUSDTlong−0.3927%4h0.2342long leg$46K$275K5x
Bitget PROVEUSDT−0.3830%4h0.2342+0.020%$715K$5.1M50xas long as short
MEXC PROVE_USDT−0.3750%4h0.2338−0.151%$279K$415K20xas long as short
Binance PROVEUSDT−0.3701%4h0.2338−0.151%$3.5M$37.9M75xas long as short
KuCoin PROVEUSDTM−0.3520%4h0.2343+0.054%$2.8M$1.2M50xas long as short
Variational Omni PROVE−0.3200%4h0.2348+0.281%$28K$47Kas long as short
GRVT PROVE_USDT_Perp−0.3150%4h0.2340−0.066%$228K$2.7M10xas long as short
Gate PROVE_USDT−0.3134%4h0.2344+0.105%$202K$1.1M75xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni PROVEUSDTshort−0.2730%1h0.2335−0.279%$49K$335K50x
BingX PROVE-USDT−0.2662%4h0.2342+0.020%$2.5Mas long as short
Hyperliquid PROVE−0.1015%1h0.2339−0.107%$339K$948K3xas long as short
Lighter PROVE+0.0096%1h0.2348+0.267%$83K$140K3xas long as short