PROVE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.2973%/8h= +325.6% APRnext payment +$14.87 per $10,000 · paid last 24h +0.211%

Price spread now: GRVT against Aster+0.128%7-day average +0.010% · you sell dearer than you buy

Net, funding: paid 7d − costs−$116as in the Funding arb table

Net, price: spread back to 7d avg − costs−$130as in the Price arb table

costs, in and out, $10k−$1421.418% of the position

Long on Aster Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.258%+$26 on $10k

Price spread, last 3 days (all we have)−0.170%−$17 · spread now +0.128%, 7d avg +0.010%

Together, before fees+0.088%+ Points / potential airdropAster: Stage 5 · GRVT: Active · farm board+$9 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$89 a day on $10k at the current rate, and GRVT is 0.118% dearer against Aster than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.010%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.258% in total (about 13.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$14.87 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	0.2364	−0.6287	get 0.3144% / 4h	3h 20m	$48K	$271K	5x
Short	GRVT PROVE_USDT_Perp	0.2367	−0.3314	pay 0.1657% / 4h	3h 20m	$229K	$2.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +0.128%Rate

Funding earned: $624.36
Price spread: +0.128% → +0.010%: $11.83
Slippage, 4 orders: −$124.76
Fee Aster: 4 bp × 2 orders: −$8
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: $494.43
Costs to cover: 1.418%
Break-even: 1.5 days

Slippage from Aster: live order book, 51 min ago; GRVT: live order book, 3 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, 51 min ago	8.41 bp	34.9 bp −$35	378.1 bp −$3,781	doesn't fit	doesn't fit
Sell GRVT live order book, 3 min ago	4.23 bp	37.5 bp −$38	171.3 bp −$1,713	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
Variational Omni PROVE	−0.7258%	4h	0.2361	−0.142%	$29K	$47K	—	as long as short
MEXC PROVE_USDT	−0.6640%	4h	0.2355	−0.380%	$293K	$408K	20x	as long as short
Binance PROVEUSDT	−0.6599%	4h	0.2357	−0.295%	$3.4M	$36.8M	75x	as long as short
OKX PROVE-USDT-SWAP	−0.6402%	4h	0.2356	−0.337%	$613K	$8.2M	20x	as long as short
Aster PROVEUSDTlong	−0.6287%	4h	0.2364	long leg	$48K	$271K	5x
Bitget PROVEUSDT	−0.6032%	4h	0.2355	−0.380%	$754K	$4.9M	50x	as long as short
KuCoin PROVEUSDTM	−0.5860%	4h	0.2359	−0.189%	$2.8M	$1.1M	50x	as long as short
Bybit PROVEUSDT	−0.5279%	4h	0.2363	−0.041%	$2.2M	$10.7M	25x	as long as short
ApeX Omni PROVEUSDT	−0.5247%	1h	0.2365	+0.043%	$51K	$334K	50x	as long as short
Hyperliquid PROVE	−0.3880%	1h	0.2358	−0.257%	$351K	$927K	3x	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	−0.3742%	4h	0.2359	−0.210%	—	$2.5M	—	as long as short
Gate PROVE_USDT	−0.3720%	4h	0.2362	−0.083%	$205K	$1.0M	75x	as long as short
GRVT PROVE_USDT_Perpshort	−0.3314%	4h	0.2367	+0.128%	$229K	$2.6M	10x
Lighter PROVE	−0.0232%	1h	0.2363	−0.037%	$83K	$132K	3x	as long as short