PROVE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.1971%/8h= +215.8% APRnext payment +$9.85 per $10,000 · paid last 24h +0.309%

Price spread now: BingX against Aster+0.326%7-day average −0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs−$69as in the Funding arb table

Net, price: spread back to 7d avg − costs−$69as in the Price arb table

costs, in and out, $10k−$1041.039% of the position

Long on Aster Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.346%+$35 on $10k

Price spread, last 4 days (all we have)−0.622%−$62 · spread now +0.326%, 7d avg −0.022%

Together, before fees−0.276%+ Points / potential airdropAster: Stage 5 · farm board−$28 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$59 a day on $10k at the current rate, and BingX is 0.348% dearer against Aster than usual: you sell high and buy low: +$35 more if the spread goes back to its 7-day average of −0.022%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.346% in total (about 18.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$9.85 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	0.2245	−0.1871	get 0.0935% / 4h	2h 32m	$38K	$219K	5x
Short	BingX PROVE-USDT	0.2252	0.0100	get 0.0050% / 4h	2h 32m	—	$2.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now +0.326%Rate

Funding earned: $413.89
Price spread: +0.326% → −0.022%: $34.78
Slippage, 4 orders: −$85.86
Fee Aster: 4 bp × 2 orders: −$8
Fee BingX: 5 bp × 2 orders: −$10
Net: $344.81
Costs to cover: 1.039%
Break-even: 1.2 days

Slippage from Aster: live order book, 14 min ago; BingX: 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, 14 min ago	6.61 bp	27.8 bp −$28	308.5 bp −$3,085	doesn't fit	doesn't fit
Sell BingX live order book, 2 min ago	6.65 bp	29.6 bp −$30	74.7 bp −$747	707.5 bp −$70.7K	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
Aster PROVEUSDTlong	−0.1871%	4h	0.2245	long leg	$38K	$219K	5x
ApeX Omni PROVEUSDT	−0.1800%	1h	0.2256	+0.523%	$15K	$314K	50x	as long as short
OKX PROVE-USDT-SWAP	−0.1511%	4h	0.2243	−0.075%	$628K	$6.5M	20x	as long as short
Binance PROVEUSDT	−0.1490%	4h	0.2242	−0.142%	$3.4M	$30.6M	75x	as long as short
MEXC PROVE_USDT	−0.1490%	4h	0.2247	+0.103%	$273K	$388K	20x	as long as short
Bitget PROVEUSDT	−0.1438%	4h	0.2248	+0.147%	$621K	$3.8M	50x	as long as short
Gate PROVE_USDT	−0.1076%	4h	0.2255	+0.459%	$186K	$649K	75x	as long as short
KuCoin PROVEUSDTM	−0.1050%	4h	0.2251	+0.263%	$2.7M	$691K	50x	as long as short
GRVT PROVE_USDT_Perp	−0.0826%	4h	0.2257	+0.564%	$212K	$3.1M	10x	as long as short
Hyperliquid PROVE	−0.0348%	1h	0.2248	+0.161%	$319K	$727K	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	0.2252	+0.343%	$78K	$129K	3x	as long as short
Bybit PROVEUSDT	+0.0100%	4h	0.2246	+0.058%	$2.1M	$9.0M	25x	as long as short
BingX PROVE-USDTshort	+0.0100%	4h	0.2252	+0.326%	—	$2.5M	—
Variational Omni PROVE	+0.0100%	4h	0.2259	+0.644%	$27K	$44K	—	as long as short