PROVE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0082%/8h= −9.0% APRnext payment −$0.41 per $10,000 · paid last 24h +0.047%

Price spread now: OKX against Aster−0.194%7-day average −0.069% · you buy dearer than you sell

Net, funding: paid 7d − costs−$122as in the Funding arb table

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

costs, in and out, $10k−$1181.178% of the position

Long on Aster Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.046%−$5 on $10k

Price spread, last 4 days (all we have)+0.099%+$10 · spread now −0.194%, 7d avg −0.069%

Together, before fees+0.053%+ Points / potential airdropAster: Stage 5 · farm board+$5 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and OKX is 0.125% cheaper against Aster than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.069%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster PROVEUSDT	0.2342	−0.3927	get 0.1963% / 4h	52m 27s	$46K	$275K	5x
Short	OKX PROVE-USDT-SWAP	0.2337	−0.4009	pay 0.2004% / 4h	52m 27s	$615K	$8.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.194%Rate

Funding earned: −$17.28
Price spread: −0.194% → −0.069%: −$12.5
Slippage, 4 orders: −$99.76
Fee Aster: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$147.54
Costs to cover: 1.178%
Break-even: never at this rate

Slippage from Aster: live order book, 4 min ago; OKX: live order book, 6 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, 4 min ago	10.68 bp	33.9 bp −$34	384.9 bp −$3,849	doesn't fit	doesn't fit
Sell OKX live order book, 6 min ago	2.14 bp	22.7 bp −$23	83.5 bp −$835	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	−0.4053%	4h	0.2344	+0.105%	$2.2M	$11.5M	25x	as long as short
OKX PROVE-USDT-SWAPshort	−0.4009%	4h	0.2337	−0.194%	$615K	$8.5M	20x
Aster PROVEUSDTlong	−0.3927%	4h	0.2342	long leg	$46K	$275K	5x
Bitget PROVEUSDT	−0.3830%	4h	0.2342	+0.020%	$715K	$5.1M	50x	as long as short
MEXC PROVE_USDT	−0.3750%	4h	0.2338	−0.151%	$279K	$415K	20x	as long as short
Binance PROVEUSDT	−0.3701%	4h	0.2338	−0.151%	$3.5M	$37.9M	75x	as long as short
KuCoin PROVEUSDTM	−0.3520%	4h	0.2343	+0.054%	$2.8M	$1.2M	50x	as long as short
Variational Omni PROVE	−0.3200%	4h	0.2348	+0.281%	$28K	$47K	—	as long as short
GRVT PROVE_USDT_Perp	−0.3150%	4h	0.2340	−0.066%	$228K	$2.7M	10x	as long as short
Gate PROVE_USDT	−0.3134%	4h	0.2344	+0.105%	$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
ApeX Omni PROVEUSDT	−0.2730%	1h	0.2335	−0.279%	$49K	$335K	50x	as long as short
BingX PROVE-USDT	−0.2662%	4h	0.2342	+0.020%	—	$2.5M	—	as long as short
Hyperliquid PROVE	−0.1015%	1h	0.2339	−0.107%	$339K	$948K	3x	as long as short
Lighter PROVE	+0.0096%	1h	0.2348	+0.267%	$83K	$140K	3x	as long as short