Funding arb · Price arb / Crypto
PROVE
All PROVE markets →
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1802 | spot | no funding | — | — | $998K | 1x | Buy Binance Spot | |
| SHORT | 0.1801 | +0.0100 | get 0.0050% / 4h | 2h 03m | $2.3M | $2.1M | 75x | Short Binance |
Price gap−0.055%
Funding gap+0.0100% /8h
Both sides work: funding pays +$3 a day on $10k, and the gap is 0.131% above its 7d average: +$13 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$20+0.0100% /8h now · paid +0.200% over the last 7D
Price+$13spread −0.055% now, avg −0.187% → +0.131% if it goes back
Costs−$1201.197% of $10k · taker + slippage, in and out
Result−$87−0.87%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.055%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hPROVE on 13 exchanges
lowest funding firstBefore you open
2 ok · 2 to watch- Watch: Thin at this size42.8 / 15.5 bpAt $10k entering Binance Spot costs 42.8 bp, fee and slippage, 2.8× Binance’s.
- Note: Spot in full, margin on the short$10,000 + $133The spot leg is bought with the whole $10k; Binance runs at up to 75x. Only the short can be liquidated, when the price rises, while the spot leg's gain is not yet realised: keep about 2× the margin on Binance.
- OK: Only the short pays funding— / 4hThe spot leg pays no funding; Binance settles every 4h.Next 24h at the current rates, on $10k a leg: +$3.00Long Binance Spot: 0 payments, $0.00; short Binance: 6 payments, +$3.00.
- OK: Entry gap works for you−0.055% vs −0.187%You short the dearer leg. If the gap goes back to average, the short gains.
- Note: Spot has no open interest$2.3M OIOnly Binance reports one; the spot book's depth is in the cost check above.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBinance Spot Yes · Binance YesVerified KYC to deposit or trade.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0095%/8h × 21 periods+$20.04
Price spread−0.055% → −0.187% (7d avg)+$13.11
Slippage, 4 orderslive order books−$89.66
Fee Binance Spot bp × 2 orders−$20.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$86.51
Costs to cover1.197%Break-even37.2 days
Slippage: Binance Spot: live order book, 11 min ago; Binance: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance Spot5.5442.8 bp−$431373.0 bp−$13.7Kdoesn’t fitdoesn’t fit
SELL · SHORTBinance2.7815.5 bp−$1662.8 bp−$628doesn’t fitdoesn’t fit
Closing costs about the same again.
PROVE news
posts that mention PROVE, from every exchange| 11-03 01:05 | Lighter | Listing | PROVE no longer reported ($PROVE) seen by our collector |
| 09-17 10:31 | Binance | Other | There’s a version of you that already trades PROVE. 👀 This version gets rewarded for it. Up to 1,500,000U in Token Vouchers are up for grabs. Join now → @binance on X ↗ |
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