PROVE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0860%/8h= +94.2% APRnext payment +$4.30 per $10,000 · paid last 24h +0.182%

Price spread now: GRVT against Gate+0.955%7-day average −0.035% · you sell dearer than you buy

Net, funding: paid 7d − costs−$167as in the Funding arb table

Net, price: spread back to 7d avg − costs−$96as in the Price arb table

costs, in and out, $10k−$1951.953% of the position

Long on Gate Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.280%+$28 on $10k

Price spread, last 4 days (all we have)−0.961%−$96 · spread now +0.955%, 7d avg −0.035%

Together, before fees−0.681%+ Points / potential airdropGRVT: Active · farm board−$68 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$26 a day on $10k at the current rate, and GRVT is 0.990% dearer against Gate than usual: you sell high and buy low: +$99 more if the spread goes back to its 7-day average of −0.035%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.280% in total (about 14.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.30 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	Gate PROVE_USDT	0.2409	−0.3698	get 0.1849% / 4h	2h 32m	$213K	$1.1M	75x
Short	GRVT PROVE_USDT_Perp	0.2432	−0.2838	pay 0.1419% / 4h	2h 32m	$225K	$2.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Gate. 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 GatebpFee GRVTbpOrdersPrice spread, now +0.955%Rate

Funding earned: $180.6
Price spread: +0.955% → −0.035%: $98.96
Slippage, 4 orders: −$171.35
Fee Gate: 7.5 bp × 2 orders: −$15
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: $84.21
Costs to cover: 1.953%
Break-even: 3.7 days

Slippage from Gate: live order book, 4 min ago; GRVT: live order book, 1 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 Gate live order book, 4 min ago	8.22 bp	33.3 bp −$33	doesn't fit	doesn't fit	doesn't fit
Sell GRVT live order book, 1 min ago	4.16 bp	52.4 bp −$52	223.7 bp −$2,237	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	−0.6577%	4h	0.2411	+0.083%	$2.2M	$11.2M	25x	as long as short
Variational Omni PROVE	−0.6091%	4h	0.2431	+0.918%	$30K	$47K	—	as long as short
OKX PROVE-USDT-SWAP	−0.5693%	4h	0.2409	0.000%	$599K	$8.6M	20x	as long as short
Bitget PROVEUSDT	−0.5388%	4h	0.2404	−0.208%	$742K	$5.1M	50x	as long as short
Binance PROVEUSDT	−0.5311%	4h	0.2404	−0.208%	$3.5M	$37.6M	75x	as long as short
Aster PROVEUSDT	−0.5307%	4h	0.2426	+0.713%	$49K	$273K	5x	as long as short
MEXC PROVE_USDT	−0.5278%	4h	0.2403	−0.249%	$276K	$414K	20x	as long as short
KuCoin PROVEUSDTM	−0.5272%	4h	0.2414	+0.228%	$2.9M	$1.1M	50x	as long as short
Gate PROVE_USDTlong	−0.3698%	4h	0.2409	long leg	$213K	$1.1M	75x
BingX PROVE-USDT	−0.3629%	4h	0.2405	−0.166%	—	$2.5M	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid PROVE	−0.3297%	1h	0.2405	−0.174%	$352K	$950K	3x	as long as short
GRVT PROVE_USDT_Perpshort	−0.2838%	4h	0.2432	+0.955%	$225K	$2.6M	10x
ApeX Omni PROVEUSDT	−0.2629%	1h	0.2436	+1.130%	$51K	$334K	50x	as long as short
Lighter PROVE	−0.0680%	1h	0.2411	+0.075%	$85K	$137K	3x	as long as short