PROVE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0019%/8h= −2.1% APRnext payment −$0.10 per $10,000 · paid last 24h +0.089%

Price spread now: Bitget against Binance+0.085%7-day average +0.055% · you sell dearer than you buy

Net, funding: paid 7d − costs−$102as in the Funding arb table

Net, price: spread back to 7d avg − costs−$96as in the Price arb table

costs, in and out, $10k−$990.992% of the position

Long on Binance Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.029%−$3 on $10k

Price spread, last 7 days−0.068%−$7 · spread now +0.085%, 7d avg +0.055%

Together, before fees−0.096%−$10 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.031% dearer against Binance than usual: you sell high and buy low (spread +0.085% now, against its 7-day average of +0.055%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance PROVEUSDT	0.2345	−0.3803	get 0.1901% / 4h	54m 14s	$3.5M	$37.9M	75x
Short	Bitget PROVEUSDT	0.2347	−0.3822	pay 0.1911% / 4h	54m 14s	$717K	$5.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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 BinancebpFee BitgetbpOrdersPrice spread, now +0.085%Rate

Funding earned: −$3.99
Price spread: +0.085% → +0.055%: $3.07
Slippage, 4 orders: −$77.16
Fee Binance: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$100.08
Costs to cover: 0.992%
Break-even: never at this rate

Slippage from Binance: live order book, 3 min ago; Bitget: live order book, 4 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, 3 min ago	2.14 bp	24.5 bp −$25	113.1 bp −$1,131	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	4.28 bp	24.0 bp −$24	74.5 bp −$745	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	−0.4144%	4h	0.2351	+0.256%	$2.2M	$11.5M	25x	as long as short
OKX PROVE-USDT-SWAP	−0.4073%	4h	0.2346	+0.043%	$617K	$8.5M	20x	as long as short
Aster PROVEUSDT	−0.4015%	4h	0.2345	−0.010%	$46K	$275K	5x	as long as short
Bitget PROVEUSDTshort	−0.3822%	4h	0.2347	+0.085%	$717K	$5.1M	50x
Binance PROVEUSDTlong	−0.3803%	4h	0.2345	long leg	$3.5M	$37.9M	75x
MEXC PROVE_USDT	−0.3802%	4h	0.2345	0.000%	$280K	$415K	20x	as long as short
KuCoin PROVEUSDTM	−0.3578%	4h	0.2346	+0.026%	$2.8M	$1.2M	50x	as long as short
Variational Omni PROVE	−0.3200%	4h	0.2348	+0.133%	$28K	$47K	—	as long as short
Gate PROVE_USDT	−0.3192%	4h	0.2346	+0.043%	$202K	$1.1M	75x	as long as short
GRVT PROVE_USDT_Perp	−0.3150%	4h	0.2340	−0.213%	$228K	$2.7M	10x	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	−0.426%	$49K	$335K	50x	as long as short
BingX PROVE-USDT	−0.2724%	4h	0.2346	+0.043%	—	$2.5M	—	as long as short
Hyperliquid PROVE	−0.0965%	1h	0.2346	+0.034%	$340K	$948K	3x	as long as short
Lighter PROVE	+0.0096%	1h	0.2352	+0.281%	$83K	$140K	3x	as long as short