PROVE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0024%/8h= −2.7% APRnext payment −$0.12 per $10,000 · paid last 24h −0.031%

Price spread now: OKX against Bitget−0.086%7-day average −0.015% · you buy dearer than you sell

Net, funding: paid 7d − costs−$105as in the Funding arb table

Net, price: spread back to 7d avg − costs−$110as in the Price arb table

costs, in and out, $10k−$1031.029% of the position

Long on Bitget Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.024%−$2 on $10k

Price spread, last 7 days+0.148%+$15 · spread now −0.086%, 7d avg −0.015%

Together, before fees+0.124%+$12 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and OKX is 0.071% cheaper against Bitget than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.015%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget PROVEUSDT	0.2317	−0.2628	get 0.1314% / 4h	4m 02s	$681K	$5.2M	50x
Short	OKX PROVE-USDT-SWAP	0.2315	−0.2652	pay 0.1326% / 4h	4m 02s	$627K	$8.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.086%Rate

Funding earned: −$5.12
Price spread: −0.086% → −0.015%: −$7.09
Slippage, 4 orders: −$80.95
Fee Bitget: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$115.16
Costs to cover: 1.029%
Break-even: never at this rate

Slippage from Bitget: live order book, 4 min ago; OKX: live order book, 4 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, 4 min ago	2.17 bp	26.6 bp −$27	89.2 bp −$892	doesn't fit	doesn't fit
Sell OKX live order book, 4 min ago	4.34 bp	25.6 bp −$26	90.2 bp −$902	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	−0.2659%	4h	0.2320	+0.114%	$46K	$274K	5x	as long as short
OKX PROVE-USDT-SWAPshort	−0.2652%	4h	0.2315	−0.086%	$627K	$8.4M	20x
Bitget PROVEUSDTlong	−0.2628%	4h	0.2317	long leg	$681K	$5.2M	50x
MEXC PROVE_USDT	−0.2616%	4h	0.2314	−0.129%	$302K	$423K	20x	as long as short
Binance PROVEUSDT	−0.2583%	4h	0.2314	−0.133%	$3.4M	$37.9M	75x	as long as short
Bybit PROVEUSDT	−0.2552%	4h	0.2321	+0.173%	$2.1M	$11.5M	25x	as long as short
KuCoin PROVEUSDTM	−0.2280%	4h	0.2317	−0.017%	$2.8M	$1.1M	50x	as long as short
ApeX Omni PROVEUSDT	−0.2222%	1h	0.2305	−0.518%	$49K	$335K	50x	as long as short
GRVT PROVE_USDT_Perp	−0.2188%	4h	0.2304	−0.561%	$221K	$2.9M	10x	as long as short
Gate PROVE_USDT	−0.2186%	4h	0.2316	−0.043%	$197K	$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
BingX PROVE-USDT	−0.1878%	4h	0.2317	0.000%	—	$2.5M	—	as long as short
Variational Omni PROVE	−0.1297%	4h	0.2308	−0.384%	$28K	$47K	—	as long as short
Hyperliquid PROVE	−0.1051%	1h	0.2314	−0.129%	$341K	$955K	3x	as long as short
Lighter PROVE	+0.0096%	1h	0.2319	+0.082%	$82K	$142K	3x	as long as short