PROVE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0043%/8h= +4.7% APRnext payment +$0.21 per $10,000 · paid last 24h −0.013%

Price spread now: MEXC against Aster−0.243%7-day average −0.098% · you buy dearer than you sell

Net, funding: paid 7d − costs−$86as in the Funding arb table

Net, price: spread back to 7d avg − costs−$101as in the Price arb table

costs, in and out, $10k−$860.864% of the position

Long on Aster Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.006%+$1 on $10k

Price spread, last 4 days (all we have)−0.201%−$20 · spread now −0.243%, 7d avg −0.098%

Together, before fees−0.195%+ Points / potential airdropAster: Stage 5 · farm board−$19 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.146% cheaper against Aster than usual: you would sell low and buy high (spread −0.243% now, against its 7-day average of −0.098%). If the spread goes back, that is −$15 on $10k: about 11 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.006% in total) that is about 6 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster PROVEUSDT	0.2320	−0.2659	get 0.1329% / 4h	3m 58s	$46K	$274K	5x
Short	MEXC PROVE_USDT	0.2314	−0.2616	pay 0.1308% / 4h	3m 58s	$302K	$423K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.243%Rate

Funding earned: $8.95
Price spread: −0.243% → −0.098%: −$14.58
Slippage, 4 orders: −$74.44
Fee Aster: 4 bp × 2 orders: −$8
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$92.06
Costs to cover: 0.864%
Break-even: 79.0 days

Slippage from Aster: live order book, 53 min ago; MEXC: live order book, 37 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, 53 min ago	10.68 bp	33.9 bp −$34	384.9 bp −$3,849	doesn't fit	doesn't fit
Sell MEXC live order book, 37 min ago	4.28 bp	12.6 bp −$13	51.0 bp −$510	239.2 bp −$23.9K	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	−0.2659%	4h	0.2320	long leg	$46K	$274K	5x
OKX PROVE-USDT-SWAP	−0.2652%	4h	0.2315	−0.200%	$627K	$8.4M	20x	as long as short
Bitget PROVEUSDT	−0.2628%	4h	0.2317	−0.114%	$681K	$5.2M	50x	as long as short
MEXC PROVE_USDTshort	−0.2616%	4h	0.2314	−0.243%	$302K	$423K	20x
Binance PROVEUSDT	−0.2583%	4h	0.2314	−0.247%	$3.4M	$37.9M	75x	as long as short
Bybit PROVEUSDT	−0.2552%	4h	0.2321	+0.058%	$2.1M	$11.5M	25x	as long as short
KuCoin PROVEUSDTM	−0.2280%	4h	0.2317	−0.131%	$2.8M	$1.1M	50x	as long as short
ApeX Omni PROVEUSDT	−0.2222%	1h	0.2305	−0.631%	$49K	$335K	50x	as long as short
GRVT PROVE_USDT_Perp	−0.2188%	4h	0.2304	−0.674%	$221K	$2.9M	10x	as long as short
Gate PROVE_USDT	−0.2186%	4h	0.2316	−0.157%	$197K	$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
BingX PROVE-USDT	−0.1878%	4h	0.2317	−0.114%	—	$2.5M	—	as long as short
Variational Omni PROVE	−0.1297%	4h	0.2308	−0.498%	$28K	$47K	—	as long as short
Hyperliquid PROVE	−0.1051%	1h	0.2314	−0.243%	$341K	$955K	3x	as long as short
Lighter PROVE	+0.0096%	1h	0.2319	−0.032%	$82K	$142K	3x	as long as short