Settings8H · net · $10k
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Funding arb · Price arb / Crypto

PROVE

All PROVE markets →
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
Bybit SpotPROVEUSDT
0.1799spotno funding——$119K1xBuy Bybit Spot
SHORT
BybitPROVEUSDT
0.1802+0.0100get 0.0050% / 4h2h 03m$1.2M$417K25xShort Bybit
Price gap+0.139%
Funding gap+0.0100% /8h

Funding trade: +$3 a day on $10k at the current rate, before costs. The price gap is at its 7d average.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$9+0.0100% /8h now · paid −0.091% over the last 7D
Price$0spread +0.139% now, avg +0.140% → −0.001% if it goes back
Costs−$2282.278% of $10k · taker + slippage, in and out
Result−$237−2.37%no points

Price and funding

1h · history
PRICE SPREAD · 7D
Now+0.139%
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

/8h

PROVE on 13 exchanges

lowest funding first

Before you open

1 ok · 2 to watch
  • Watch: Thin at this size80.9 / 32.5 bp
    At $10k entering Bybit Spot costs 80.9 bp, fee and slippage, 2.5× Bybit’s.
  • Note: Spot in full, margin on the short$10,000 + $400
    The spot leg is bought with the whole $10k; Bybit runs at up to 25x. 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 Bybit.
  • OK: Only the short pays funding— / 4h
    The spot leg pays no funding; Bybit settles every 4h.
    Next 24h at the current rates, on $10k a leg: +$3.00Long Bybit Spot: 0 payments, $0.00; short Bybit: 6 payments, +$3.00.
  • Note: Gap at its usual level+0.139% vs +0.140%
    The price leg adds little either way.
  • Note: Spot has no open interest$1.2M OI
    Only Bybit reports one; the spot book's depth is in the cost check above.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBybit Spot Yes · Bybit Yes
    Standard verification is mandatory for every product.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0043%/8h × 21 periods−$9.13
Price spread+0.139% → +0.140% (7d avg)−$0.10
Slippage, 4 orderslive order books−$196.83
Fee Bybit Spot bp × 2 orders−$20.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$237.05
Costs to cover2.278%Break-evennever at this rate
Slippage: Bybit Spot: live order book, 55 min ago; Bybit: live order book, 5 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBybit Spot2.7780.9 bp−$81doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBybit5.5532.5 bp−$32387.2 bp−$3,872doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

PROVE news

posts that mention PROVE, from every exchange
11-03 01:05LighterListingPROVE no longer reported ($PROVE) seen by our collector
09-17 10:31BinanceOtherThere’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 ↗