PROVE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0263%/8h= +28.8% APRnext payment +$1.32 per $10,000 · paid last 24h −0.011%

Price spread now: Binance against Aster+0.027%7-day average −0.092% · you sell dearer than you buy

Net, funding: paid 7d − costs−$113as in the Funding arb table

Net, price: spread back to 7d avg − costs−$101as in the Price arb table

costs, in and out, $10k−$1131.133% of the position

Long on Aster Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.007%+$1 on $10k

Price spread, last 4 days (all we have)−0.139%−$14 · spread now +0.027%, 7d avg −0.092%

Together, before fees−0.131%+ Points / potential airdropAster: Stage 5 · farm board−$13 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Binance is 0.119% dearer against Aster than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.092%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.007% in total (about 0.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.32 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster PROVEUSDT	0.2341	−0.4066	get 0.2033% / 4h	55m 02s	$46K	$275K	5x
Short	Binance PROVEUSDT	0.2342	−0.3803	pay 0.1901% / 4h	55m 02s	$3.5M	$37.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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

Position, each leg$Hold fordaysFee AsterbpFee BinancebpOrdersPrice spread, now +0.027%Rate

Funding earned: $55.31
Price spread: +0.027% → −0.092%: $11.87
Slippage, 4 orders: −$95.27
Fee Aster: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$46.09
Costs to cover: 1.133%
Break-even: 12.8 days

Slippage from Aster: live order book, 2 min ago; Binance: live order book, 2 min ago.

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 Aster live order book, 2 min ago	10.68 bp	33.9 bp −$34	384.9 bp −$3,849	doesn't fit	doesn't fit
Sell Binance live order book, 2 min ago	2.14 bp	24.8 bp −$25	97.0 bp −$970	doesn't fit	doesn't fit

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
Bybit PROVEUSDT	−0.4200%	4h	0.2349	+0.326%	$2.2M	$11.5M	25x	as long as short
OKX PROVE-USDT-SWAP	−0.4113%	4h	0.2341	−0.016%	$617K	$8.5M	20x	as long as short
Aster PROVEUSDTlong	−0.4066%	4h	0.2341	long leg	$46K	$275K	5x
Bitget PROVEUSDT	−0.3856%	4h	0.2342	+0.027%	$716K	$5.1M	50x	as long as short
MEXC PROVE_USDT	−0.3852%	4h	0.2343	+0.070%	$280K	$415K	20x	as long as short
Binance PROVEUSDTshort	−0.3803%	4h	0.2342	+0.027%	$3.5M	$37.9M	75x
KuCoin PROVEUSDTM	−0.3606%	4h	0.2344	+0.129%	$2.8M	$1.2M	50x	as long as short
Gate PROVE_USDT	−0.3228%	4h	0.2345	+0.155%	$202K	$1.1M	75x	as long as short
Variational Omni PROVE	−0.3200%	4h	0.2348	+0.288%	$28K	$47K	—	as long as short
GRVT PROVE_USDT_Perp	−0.3150%	4h	0.2340	−0.058%	$228K	$2.7M	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX PROVE-USDT	−0.2750%	4h	0.2345	+0.155%	—	$2.5M	—	as long as short
ApeX Omni PROVEUSDT	−0.2730%	1h	0.2335	−0.272%	$49K	$335K	50x	as long as short
Hyperliquid PROVE	−0.1005%	1h	0.2343	+0.057%	$339K	$951K	3x	as long as short
Lighter PROVE	+0.0096%	1h	0.2348	+0.300%	$83K	$140K	3x	as long as short