PROVE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0190%/8h= −20.8% APRnext payment −$0.95 per $10,000 · paid last 24h −0.288%

Price spread now: Bybit against Aster+0.342%7-day average +0.079% · you sell dearer than you buy

Net, funding: paid 7d − costs−$194as in the Funding arb table

Net, price: spread back to 7d avg − costs−$108as in the Price arb table

costs, in and out, $10k−$1341.344% of the position

Long on Aster Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.598%−$60 on $10k

Price spread, last 4 days (all we have)−0.339%−$34 · spread now +0.342%, 7d avg +0.079%

Together, before fees−0.937%+ Points / potential airdropAster: Stage 5 · farm board−$94 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.263% dearer against Aster than usual: you sell high and buy low (spread +0.342% now, against its 7-day average of +0.079%): +$26 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 4.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster PROVEUSDT	0.2340	−0.4066	get 0.2033% / 4h	56m 28s	$46K	$275K	5x
Short	Bybit PROVEUSDT	0.2348	−0.4257	pay 0.2128% / 4h	56m 28s	$2.2M	$11.5M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.342%Rate

Funding earned: −$39.98
Price spread: +0.342% → +0.079%: $26.34
Slippage, 4 orders: −$115.41
Fee Aster: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$148.06
Costs to cover: 1.344%
Break-even: never at this rate

Slippage from Aster: live order book, 65 min ago; Bybit: 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, 65 min ago	8.45 bp	34.3 bp −$34	391.5 bp −$3,915	doesn't fit	doesn't fit
Sell Bybit live order book, 2 min ago	4.27 bp	35.8 bp −$36	123.1 bp −$1,231	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 PROVEUSDTshort	−0.4257%	4h	0.2348	+0.342%	$2.2M	$11.5M	25x
OKX PROVE-USDT-SWAP	−0.4150%	4h	0.2340	0.000%	$616K	$8.5M	20x	as long as short
ApeX Omni PROVEUSDT	−0.4106%	1h	0.2341	+0.043%	$49K	$334K	50x	as long as short
Aster PROVEUSDTlong	−0.4066%	4h	0.2340	long leg	$46K	$275K	5x
MEXC PROVE_USDT	−0.3892%	4h	0.2340	0.000%	$279K	$415K	20x	as long as short
Bitget PROVEUSDT	−0.3888%	4h	0.2341	+0.043%	$715K	$5.1M	50x	as long as short
Binance PROVEUSDT	−0.3852%	4h	0.2340	−0.015%	$3.5M	$37.9M	75x	as long as short
KuCoin PROVEUSDTM	−0.3642%	4h	0.2339	−0.056%	$2.8M	$1.2M	50x	as long as short
Variational Omni PROVE	−0.3436%	4h	0.2346	+0.236%	$28K	$47K	—	as long as short
Gate PROVE_USDT	−0.3268%	4h	0.2339	−0.043%	$202K	$1.1M	75x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT PROVE_USDT_Perp	−0.3210%	4h	0.2338	−0.096%	$228K	$2.7M	10x	as long as short
BingX PROVE-USDT	−0.2750%	4h	0.2344	+0.171%	—	$2.5M	—	as long as short
Hyperliquid PROVE	−0.1024%	1h	0.2341	+0.034%	$339K	$951K	3x	as long as short
Lighter PROVE	+0.0096%	1h	0.2345	+0.222%	$82K	$140K	3x	as long as short