PROVE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.1316%/8h= −144.1% APRnext payment −$6.58 per $10,000 · paid last 24h −0.270%

Price spread now: Aster against BingX−0.171%7-day average +0.019% · you buy dearer than you sell

Net, funding: paid 7d − costs−$146as in the Funding arb table

Net, price: spread back to 7d avg − costs−$134as in the Price arb table

costs, in and out, $10k−$1151.148% of the position

Long on BingX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.307%−$31 on $10k

Price spread, last 4 days (all we have)+0.951%+$95 · spread now −0.171%, 7d avg +0.019%

Together, before fees+0.644%+ Points / potential airdropAster: Stage 5 · farm board+$64 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$39 a day on $10k at the current rate, and Aster is 0.189% cheaper against BingX than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of +0.019%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.307% in total (about -16.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.58 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	BingX PROVE-USDT	0.2344	−0.2750	get 0.1375% / 4h	56m 21s	—	$2.5M	—
Short	Aster PROVEUSDT	0.2340	−0.4066	pay 0.2033% / 4h	56m 21s	$46K	$275K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against BingX. 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 BingXbpFee AsterbpOrdersPrice spread, now −0.171%Rate

Funding earned: −$276.44
Price spread: −0.171% → +0.019%: −$18.92
Slippage, 4 orders: −$96.82
Fee BingX: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$410.17
Costs to cover: 1.148%
Break-even: never at this rate

Slippage from BingX: live order book, 8 min ago; Aster: live order book, 65 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 BingX live order book, 8 min ago	8.54 bp	27.2 bp −$27	86.4 bp −$864	doesn't fit	doesn't fit
Sell Aster live order book, 65 min ago	8.45 bp	28.5 bp −$29	234.9 bp −$2,349	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	−0.4257%	4h	0.2348	+0.171%	$2.2M	$11.5M	25x	as long as short
OKX PROVE-USDT-SWAP	−0.4150%	4h	0.2340	−0.171%	$616K	$8.5M	20x	as long as short
ApeX Omni PROVEUSDT	−0.4106%	1h	0.2341	−0.128%	$49K	$334K	50x	as long as short
Aster PROVEUSDTshort	−0.4066%	4h	0.2340	−0.171%	$46K	$275K	5x
MEXC PROVE_USDT	−0.3892%	4h	0.2342	−0.085%	$279K	$415K	20x	as long as short
Bitget PROVEUSDT	−0.3888%	4h	0.2341	−0.128%	$715K	$5.1M	50x	as long as short
Binance PROVEUSDT	−0.3852%	4h	0.2341	−0.128%	$3.5M	$37.9M	75x	as long as short
KuCoin PROVEUSDTM	−0.3642%	4h	0.2343	−0.060%	$2.8M	$1.2M	50x	as long as short
Variational Omni PROVE	−0.3436%	4h	0.2346	+0.065%	$28K	$47K	—	as long as short
Gate PROVE_USDT	−0.3268%	4h	0.2341	−0.128%	$202K	$1.1M	75x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT PROVE_USDT_Perp	−0.3210%	4h	0.2338	−0.267%	$228K	$2.7M	10x	as long as short
BingX PROVE-USDTlong	−0.2750%	4h	0.2344	long leg	—	$2.5M	—
Hyperliquid PROVE	−0.1024%	1h	0.2341	−0.137%	$339K	$951K	3x	as long as short
Lighter PROVE	+0.0096%	1h	0.2345	+0.051%	$82K	$140K	3x	as long as short