Funding you earn now, next payment 04:00 UTC−0.1027%/8h= −112.5% APRnext payment −$5.14 per $10,000 · paid last 24h +0.290%
Price spread now: Aster against Bybit+0.085%7-day average −0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$1181.177% of the position
Funding, last 7 days+0.600%+$60 on $10k
+Price spread, last 4 days (all we have)−0.067%−$7 · spread now +0.085%, 7d avg −0.074%
=Together, before fees+0.533%+ Points / potential airdropAster: Stage 5 · farm board+$53 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.159% dearer against Bybit than usual: you sell high and buy low (spread +0.085% now, against its 7-day average of −0.074%): +$16 on $10k if it goes back. Holding the pair costs −$31 a day in funding at the current rate, which eats that in about 12 hours. Mind the row above: over the last 7 days funding on this pair paid +0.600%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.600% in total (about 31.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.14 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 | Bybit PROVEUSDT | 0.2363 | −0.5260 | get 0.2630% / 4h | 3h 20m | $2.2M | $10.7M | 25x |
| Short | Aster PROVEUSDT | 0.2365 | −0.6287 | pay 0.3144% / 4h | 3h 20m | $48K | $271K | 5x |
Bybit PROVEUSDT
Aster PROVEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$215.71
- Price spread: +0.085% → −0.074%
- $15.9
- Slippage, 4 orders
- −$98.7
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$317.51
- Costs to cover
- 1.177%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; Aster: live order book, 51 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 Bybit live order book, 3 min ago | 4.22 bp | 32.6 bp −$33 | 127.8 bp −$1,278 | doesn't fit | doesn't fit |
| Sell Aster live order book, 51 min ago | 8.41 bp | 25.8 bp −$26 | 278.9 bp −$2,789 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni PROVE | −0.7258% | 4h | 0.2361 | −0.101% | $29K | $47K | — | as long as short |
| Binance PROVEUSDT | −0.6599% | 4h | 0.2356 | −0.289% | $3.4M | $36.8M | 75x | as long as short |
| MEXC PROVE_USDT | −0.6598% | 4h | 0.2356 | −0.296% | $293K | $408K | 20x | as long as short |
| OKX PROVE-USDT-SWAP | −0.6381% | 4h | 0.2355 | −0.339% | $613K | $8.2M | 20x | as long as short |
| Aster PROVEUSDTshort | −0.6287% | 4h | 0.2365 | +0.085% | $48K | $271K | 5x | |
| Bitget PROVEUSDT | −0.6016% | 4h | 0.2355 | −0.339% | $754K | $4.9M | 50x | as long as short |
| KuCoin PROVEUSDTM | −0.5844% | 4h | 0.2359 | −0.161% | $2.8M | $1.1M | 50x | as long as short |
| Bybit PROVEUSDTlong | −0.5260% | 4h | 0.2363 | long leg | $2.2M | $10.7M | 25x | |
| ApeX Omni PROVEUSDT | −0.5247% | 1h | 0.2365 | +0.085% | $51K | $334K | 50x | as long as short |
| Hyperliquid PROVE | −0.3858% | 1h | 0.2359 | −0.161% | $351K | $927K | 3x | as long as short |
Variational Omni PROVE
Binance PROVEUSDT
MEXC PROVE_USDT
OKX PROVE-USDT-SWAP
Bitget PROVEUSDT
KuCoin PROVEUSDTM
ApeX Omni PROVEUSDT
Hyperliquid PROVEShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX PROVE-USDT | −0.3742% | 4h | 0.2360 | −0.127% | — | $2.5M | — | as long as short |
| Gate PROVE_USDT | −0.3716% | 4h | 0.2361 | −0.085% | $205K | $1.0M | 75x | as long as short |
| GRVT PROVE_USDT_Perp | −0.3314% | 4h | 0.2367 | +0.169% | $229K | $2.6M | 10x | as long as short |
| Lighter PROVE | −0.0232% | 1h | 0.2365 | +0.093% | $83K | $132K | 3x | as long as short |
BingX PROVE-USDT
Gate PROVE_USDT
GRVT PROVE_USDT_Perp
Lighter PROVE