Funding you earn now, next payment 00:00 UTC+0.0407%/8h= +44.6% APRnext payment +$2.04 per $10,000 · paid last 24h +0.112%
Price spread now: KuCoin against Aster−0.268%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$201as in the Funding arb table
Net, price: spread back to 7d avg − costs−$201as in the Price arb table
costs, in and out, $10k−$1771.772% of the position
Funding, last 7 days−0.239%−$24 on $10k
+Price spread, last 4 days (all we have)−0.088%−$9 · spread now −0.268%, 7d avg −0.026%
=Together, before fees−0.327%+ Points / potential airdropAster: Stage 5 · farm board−$33 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.242% cheaper against Aster than usual: you would sell low and buy high (spread −0.268% now, against its 7-day average of −0.026%). If the spread goes back, that is −$24 on $10k: about 48 hours of funding at the current rate (+$12 a day). Mind the row above: over the last 7 days funding on this pair cost −0.239%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.239% in total (about -12.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.04 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 | 0.2390 | −0.6665 | get 0.3333% / 4h | 3m 52s | $46K | $269K | 5x |
| Short | KuCoin PROVEUSDTM | 0.2384 | −0.6258 | pay 0.3129% / 4h | 3m 52s | $2.9M | $1.1M | 50x |
Aster PROVEUSDT
KuCoin PROVEUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Aster. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $85.57
- Price spread: −0.268% → −0.026%
- −$24.21
- Slippage, 4 orders
- −$157.16
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$115.8
- Costs to cover
- 1.772%
- Break-even
- 16.5 days
Slippage from Aster: live order book, 8 min ago; KuCoin: 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, 8 min ago | 8.41 bp | 34.9 bp −$35 | 378.1 bp −$3,781 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 3.35 bp | 53.6 bp −$54 | 404.9 bp −$4,049 | 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 | −0.9733% | 4h | 0.2389 | −0.042% | $2.1M | $10.2M | 25x | as long as short |
| BingX PROVE-USDT | −0.9298% | 4h | 0.2383 | −0.293% | — | $2.5M | — | as long as short |
| Variational Omni PROVE | −0.8183% | 4h | 0.2391 | +0.049% | $28K | $46K | — | as long as short |
| Binance PROVEUSDT | −0.7178% | 4h | 0.2378 | −0.507% | $3.4M | $36.2M | 75x | as long as short |
| MEXC PROVE_USDT | −0.7176% | 4h | 0.2378 | −0.502% | $294K | $404K | 20x | as long as short |
| Hyperliquid PROVE | −0.7044% | 1h | 0.2380 | −0.427% | $353K | $919K | 3x | as long as short |
| OKX PROVE-USDT-SWAP | −0.6899% | 4h | 0.2378 | −0.502% | $607K | $8.1M | 20x | as long as short |
| Gate PROVE_USDT | −0.6742% | 4h | 0.2388 | −0.084% | $215K | $1.0M | 75x | as long as short |
| Aster PROVEUSDTlong | −0.6665% | 4h | 0.2390 | long leg | $46K | $269K | 5x | |
| GRVT PROVE_USDT_Perp | −0.6526% | 4h | 0.2390 | 0.000% | $222K | $2.5M | 10x | as long as short |
Bybit PROVEUSDT
BingX PROVE-USDT
Variational Omni PROVE
Binance PROVEUSDT
MEXC PROVE_USDT
Hyperliquid PROVE
OKX PROVE-USDT-SWAP
Gate PROVE_USDT
GRVT PROVE_USDT_PerpShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget PROVEUSDT | −0.6480% | 4h | 0.2382 | −0.335% | $665K | $4.7M | 50x | as long as short |
| KuCoin PROVEUSDTMshort | −0.6258% | 4h | 0.2384 | −0.268% | $2.9M | $1.1M | 50x | |
| ApeX Omni PROVEUSDT | −0.3197% | 1h | 0.2382 | −0.335% | $52K | $333K | 50x | as long as short |
| Lighter PROVE | −0.2704% | 1h | 0.2388 | −0.079% | $83K | $132K | 3x | as long as short |
Bitget PROVEUSDT
ApeX Omni PROVEUSDT
Lighter PROVE