PROVE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0014%/8h= −1.6% APRnext payment −$0.07 per $10,000 · paid last 24h +0.055%

Price spread now: OKX against Binance−0.087%7-day average +0.039% · you buy dearer than you sell

Net, funding: paid 7d − costs−$98as in the Funding arb table

Net, price: spread back to 7d avg − costs−$105as in the Price arb table

costs, in and out, $10k−$920.921% of the position

Long on Binance Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.056%−$6 on $10k

Price spread, last 7 days+0.149%+$15 · spread now −0.087%, 7d avg +0.039%

Together, before fees+0.093%+$9 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and OKX is 0.126% cheaper against Binance than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.039%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance PROVEUSDT	0.2297	−0.0467	get 0.0233% / 4h	1m 21s	$3.4M	$29.1M	75x
Short	OKX PROVE-USDT-SWAP	0.2295	−0.0481	pay 0.0240% / 4h	1m 21s	$639K	$6.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.087%Rate

Funding earned: −$2.98
Price spread: −0.087% → +0.039%: −$12.57
Slippage, 4 orders: −$72.08
Fee Binance: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$107.63
Costs to cover: 0.921%
Break-even: never at this rate

Slippage from Binance: live order book, 10 min ago; OKX: 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, 10 min ago	2.18 bp	21.3 bp −$21	100.7 bp −$1,007	doesn't fit	doesn't fit
Sell OKX live order book, 1 min ago	4.35 bp	23.1 bp −$23	88.4 bp −$884	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
ApeX Omni PROVEUSDT	−0.1017%	1h	0.2299	+0.071%	$15K	$307K	50x	as long as short
Aster PROVEUSDT	−0.0974%	4h	0.2297	−0.006%	$38K	$208K	5x	as long as short
Bitget PROVEUSDT	−0.0822%	4h	0.2297	0.000%	$629K	$3.5M	50x	as long as short
Gate PROVE_USDT	−0.0674%	4h	0.2300	+0.131%	$157K	$688K	75x	as long as short
OKX PROVE-USDT-SWAPshort	−0.0481%	4h	0.2295	−0.087%	$639K	$6.4M	20x
KuCoin PROVEUSDTM	−0.0472%	4h	0.2298	+0.044%	$2.8M	$681K	50x	as long as short
Binance PROVEUSDTlong	−0.0467%	4h	0.2297	long leg	$3.4M	$29.1M	75x
MEXC PROVE_USDT	−0.0466%	4h	0.2296	−0.044%	$319K	$380K	20x	as long as short
Hyperliquid PROVE	−0.0242%	1h	0.2299	+0.074%	$323K	$689K	3x	as long as short
GRVT PROVE_USDT_Perp	−0.0242%	4h	0.2302	+0.211%	$212K	$3.5M	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter PROVE	+0.0096%	1h	0.2301	+0.165%	$36K	$121K	3x	as long as short
Bybit PROVEUSDT	+0.0100%	4h	0.2301	+0.174%	$2.1M	$8.5M	25x	as long as short
BingX PROVE-USDT	+0.0100%	4h	0.2297	0.000%	—	$2.4M	—	as long as short
Variational Omni PROVE	+0.0100%	4h	0.2305	+0.335%	$27K	$45K	—	as long as short