PROVE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0798%/8h= +87.4% APRnext payment +$3.99 per $10,000 · paid last 24h +0.030%

Price spread now: Gate against Aster−0.043%7-day average +0.013% · you buy dearer than you sell

Net, funding: paid 7d − costs−$142as in the Funding arb table

Net, price: spread back to 7d avg − costs−$145as in the Price arb table

costs, in and out, $10k−$1391.394% of the position

Long on Aster Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.022%−$2 on $10k

Price spread, last 4 days (all we have)−0.640%−$64 · spread now −0.043%, 7d avg +0.013%

Together, before fees−0.662%+ Points / potential airdropAster: Stage 5 · farm board−$66 on $10k · with fees, hour by hour

Funding pays, the price is against you. Gate is 0.056% cheaper against Aster than usual: you would sell low and buy high (spread −0.043% now, against its 7-day average of +0.013%). If the spread goes back, that is −$6 on $10k: about 6 hours of funding at the current rate (+$24 a day).

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.022% in total (about -1.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.99 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	0.2340	−0.4102	get 0.2051% / 4h	56m 56s	$46K	$275K	5x
Short	Gate PROVE_USDT	0.2339	−0.3304	pay 0.1652% / 4h	56m 56s	$202K	$1.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.043%Rate

Funding earned: $167.53
Price spread: −0.043% → +0.013%: −$5.62
Slippage, 4 orders: −$116.41
Fee Aster: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: $22.5
Costs to cover: 1.394%
Break-even: 6.1 days

Slippage from Aster: live order book, 65 min ago; Gate: live order book, 5 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 Gate live order book, 5 min ago	6.41 bp	41.3 bp −$41	doesn't fit	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	−0.4315%	4h	0.2346	+0.256%	$2.2M	$11.5M	25x	as long as short
OKX PROVE-USDT-SWAP	−0.4187%	4h	0.2339	−0.043%	$614K	$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	−0.4102%	4h	0.2340	long leg	$46K	$275K	5x
Bitget PROVEUSDT	−0.3916%	4h	0.2340	0.000%	$715K	$5.1M	50x	as long as short
Binance PROVEUSDT	−0.3894%	4h	0.2338	−0.085%	$3.5M	$37.9M	75x	as long as short
MEXC PROVE_USDT	−0.3892%	4h	0.2337	−0.128%	$279K	$415K	20x	as long as short
KuCoin PROVEUSDTM	−0.3676%	4h	0.2338	−0.068%	$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_USDTshort	−0.3304%	4h	0.2339	−0.043%	$202K	$1.1M	75x

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	0.2342	+0.085%	—	$2.5M	—	as long as short
Hyperliquid PROVE	−0.1131%	1h	0.2337	−0.128%	$338K	$951K	3x	as long as short
Lighter PROVE	+0.0096%	1h	0.2342	+0.094%	$82K	$140K	3x	as long as short