PROVE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0052%/8h= −5.7% APRnext payment −$0.26 per $10,000 · paid last 24h −0.087%

Price spread now: Binance against Bitget−0.289%7-day average −0.057% · you buy dearer than you sell

Net, funding: paid 7d − costs−$83as in the Funding arb table

Net, price: spread back to 7d avg − costs−$109as in the Price arb table

costs, in and out, $10k−$860.856% of the position

Long on Bitget Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.030%+$3 on $10k

Price spread, last 7 days+0.262%+$26 · spread now −0.289%, 7d avg −0.057%

Together, before fees+0.293%+$29 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Binance is 0.232% cheaper against Bitget than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of −0.057%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget PROVEUSDT	0.2248	−0.1438	get 0.0719% / 4h	2h 32m	$621K	$3.8M	50x
Short	Binance PROVEUSDT	0.2242	−0.1490	pay 0.0745% / 4h	2h 32m	$3.4M	$30.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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 BitgetbpFee BinancebpOrdersPrice spread, now −0.289%Rate

Funding earned: −$10.97
Price spread: −0.289% → −0.057%: −$23.17
Slippage, 4 orders: −$63.55
Fee Bitget: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$119.69
Costs to cover: 0.856%
Break-even: never at this rate

Slippage from Bitget: live order book, 1 min ago; Binance: live order book, 9 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 Bitget live order book, 1 min ago	4.45 bp	19.6 bp −$20	61.4 bp −$614	doesn't fit	doesn't fit
Sell Binance live order book, 9 min ago	2.21 bp	21.3 bp −$21	74.9 bp −$749	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
Aster PROVEUSDT	−0.1871%	4h	0.2245	−0.147%	$38K	$219K	5x	as long as short
ApeX Omni PROVEUSDT	−0.1800%	1h	0.2256	+0.375%	$15K	$314K	50x	as long as short
OKX PROVE-USDT-SWAP	−0.1511%	4h	0.2243	−0.222%	$628K	$6.5M	20x	as long as short
Binance PROVEUSDTshort	−0.1490%	4h	0.2242	−0.289%	$3.4M	$30.6M	75x
MEXC PROVE_USDT	−0.1490%	4h	0.2247	−0.044%	$273K	$388K	20x	as long as short
Bitget PROVEUSDTlong	−0.1438%	4h	0.2248	long leg	$621K	$3.8M	50x
Gate PROVE_USDT	−0.1076%	4h	0.2255	+0.311%	$186K	$649K	75x	as long as short
KuCoin PROVEUSDTM	−0.1050%	4h	0.2251	+0.116%	$2.7M	$691K	50x	as long as short
GRVT PROVE_USDT_Perp	−0.0826%	4h	0.2257	+0.416%	$212K	$3.1M	10x	as long as short
Hyperliquid PROVE	−0.0348%	1h	0.2248	+0.013%	$319K	$727K	3x	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	0.2252	+0.196%	$78K	$129K	3x	as long as short
Bybit PROVEUSDT	+0.0100%	4h	0.2246	−0.089%	$2.1M	$9.0M	25x	as long as short
BingX PROVE-USDT	+0.0100%	4h	0.2252	+0.178%	—	$2.5M	—	as long as short
Variational Omni PROVE	+0.0100%	4h	0.2259	+0.496%	$27K	$44K	—	as long as short