PROVE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.2879%/8h= +315.2% APRnext payment +$14.39 per $10,000 · paid last 24h +0.042%

Price spread now: Gate against Binance+0.162%7-day average +0.105% · you sell dearer than you buy

Net, funding: paid 7d − costs−$115as in the Funding arb table

Net, price: spread back to 7d avg − costs−$107as in the Price arb table

costs, in and out, $10k−$1131.127% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.028%−$3 on $10k

Price spread, last 4 days (all we have)−0.238%−$24 · spread now +0.162%, 7d avg +0.105%

Together, before fees−0.266%−$27 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$86 a day on $10k at the current rate, and Gate is 0.057% dearer against Binance than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.105%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.028% in total (about -1.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$14.39 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	0.2357	−0.6599	get 0.3299% / 4h	3h 20m	$3.4M	$36.8M	75x
Short	Gate PROVE_USDT	0.2361	−0.3720	pay 0.1860% / 4h	3h 20m	$205K	$1.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.162%Rate

Funding earned: $604.58
Price spread: +0.162% → +0.105%: $5.73
Slippage, 4 orders: −$87.69
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: $497.62
Costs to cover: 1.127%
Break-even: 1.2 days

Slippage from Binance: live order book, 6 min ago; Gate: live order book, 1 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, 6 min ago	4.24 bp	24.3 bp −$24	110.6 bp −$1,106	doesn't fit	doesn't fit
Sell Gate live order book, 1 min ago	8.48 bp	35.5 bp −$35	doesn't fit	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
Variational Omni PROVE	−0.7258%	4h	0.2361	+0.146%	$29K	$47K	—	as long as short
MEXC PROVE_USDT	−0.6640%	4h	0.2358	+0.035%	$293K	$408K	20x	as long as short
Binance PROVEUSDTlong	−0.6599%	4h	0.2357	long leg	$3.4M	$36.8M	75x
OKX PROVE-USDT-SWAP	−0.6402%	4h	0.2357	−0.008%	$613K	$8.2M	20x	as long as short
Aster PROVEUSDT	−0.6287%	4h	0.2364	+0.286%	$48K	$271K	5x	as long as short
Bitget PROVEUSDT	−0.6032%	4h	0.2355	−0.092%	$754K	$4.9M	50x	as long as short
KuCoin PROVEUSDTM	−0.5860%	4h	0.2360	+0.116%	$2.8M	$1.1M	50x	as long as short
Bybit PROVEUSDT	−0.5279%	4h	0.2364	+0.289%	$2.2M	$10.7M	25x	as long as short
ApeX Omni PROVEUSDT	−0.5247%	1h	0.2365	+0.332%	$51K	$334K	50x	as long as short
Hyperliquid PROVE	−0.3870%	1h	0.2359	+0.099%	$351K	$927K	3x	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	−0.3742%	4h	0.2360	+0.120%	—	$2.5M	—	as long as short
Gate PROVE_USDTshort	−0.3720%	4h	0.2361	+0.162%	$205K	$1.0M	75x
GRVT PROVE_USDT_Perp	−0.3314%	4h	0.2367	+0.417%	$229K	$2.6M	10x	as long as short
Lighter PROVE	−0.0232%	1h	0.2363	+0.251%	$83K	$132K	3x	as long as short