Funding you earn now, next payment 08:00 UTC−0.0381%/8h= −41.7% APRnext payment −$1.90 per $10,000 · paid last 24h +0.007%
Price spread now: Aster against Binance+0.142%7-day average +0.094% · you sell dearer than you buy
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$950.950% of the position
Funding, last 7 days−0.011%−$1 on $10k
+Price spread, last 4 days (all we have)−0.026%−$3 · spread now +0.142%, 7d avg +0.094%
=Together, before fees−0.037%+ Points / potential airdropAster: Stage 5 · farm board−$4 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.048% dearer against Binance than usual: you sell high and buy low (spread +0.142% now, against its 7-day average of +0.094%): +$5 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 10 hours. At the pace of the last 7 days (−0.011% in total) that is about 30 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.011% in total (about -0.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.90 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 | Binance PROVEUSDT | 0.2242 | −0.1490 | get 0.0745% / 4h | 2h 32m | $3.4M | $30.6M | 75x |
| Short | Aster PROVEUSDT | 0.2245 | −0.1871 | pay 0.0935% / 4h | 2h 32m | $38K | $219K | 5x |
Binance PROVEUSDT
Aster PROVEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Binance. 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
- −$79.94
- Price spread: +0.142% → +0.094%
- $4.83
- Slippage, 4 orders
- −$77.05
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$170.16
- Costs to cover
- 0.950%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 min ago; Aster: live order book, 14 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 Binance live order book, 9 min ago | 2.21 bp | 21.9 bp −$22 | 102.0 bp −$1,020 | doesn't fit | doesn't fit |
| Sell Aster live order book, 14 min ago | 6.61 bp | 24.0 bp −$24 | 328.0 bp −$3,280 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster PROVEUSDTshort | −0.1871% | 4h | 0.2245 | +0.142% | $38K | $219K | 5x | |
| ApeX Omni PROVEUSDT | −0.1800% | 1h | 0.2256 | +0.666% | $15K | $314K | 50x | as long as short |
| OKX PROVE-USDT-SWAP | −0.1511% | 4h | 0.2243 | +0.066% | $628K | $6.5M | 20x | as long as short |
| Binance PROVEUSDTlong | −0.1490% | 4h | 0.2242 | long leg | $3.4M | $30.6M | 75x | |
| MEXC PROVE_USDT | −0.1490% | 4h | 0.2247 | +0.245% | $273K | $388K | 20x | as long as short |
| Bitget PROVEUSDT | −0.1438% | 4h | 0.2248 | +0.289% | $621K | $3.8M | 50x | as long as short |
| Gate PROVE_USDT | −0.1076% | 4h | 0.2255 | +0.602% | $186K | $649K | 75x | as long as short |
| KuCoin PROVEUSDTM | −0.1050% | 4h | 0.2251 | +0.405% | $2.7M | $691K | 50x | as long as short |
| GRVT PROVE_USDT_Perp | −0.0826% | 4h | 0.2257 | +0.707% | $212K | $3.1M | 10x | as long as short |
| Hyperliquid PROVE | −0.0348% | 1h | 0.2248 | +0.303% | $319K | $727K | 3x | as long as short |
ApeX Omni PROVEUSDT
OKX PROVE-USDT-SWAP
MEXC PROVE_USDT
Bitget PROVEUSDT
Gate PROVE_USDT
KuCoin PROVEUSDTM
GRVT PROVE_USDT_Perp
Hyperliquid PROVEShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter PROVE | +0.0096% | 1h | 0.2252 | +0.486% | $78K | $129K | 3x | as long as short |
| Bybit PROVEUSDT | +0.0100% | 4h | 0.2246 | +0.200% | $2.1M | $9.0M | 25x | as long as short |
| BingX PROVE-USDT | +0.0100% | 4h | 0.2252 | +0.468% | — | $2.5M | — | as long as short |
| Variational Omni PROVE | +0.0100% | 4h | 0.2259 | +0.787% | $27K | $44K | — | as long as short |
Lighter PROVE
Bybit PROVEUSDT
BingX PROVE-USDT
Variational Omni PROVE