Funding you earn now, next payment 04:00 UTC−0.0357%/8h= −39.1% APRnext payment −$1.78 per $10,000 · paid last 24h −0.133%
Price spread now: Aster against KuCoin+0.143%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$179as in the Funding arb table
Net, price: spread back to 7d avg − costs−$189as in the Price arb table
costs, in and out, $10k−$2012.007% of the position
Funding, last 7 days+0.218%+$22 on $10k
+Price spread, last 4 days (all we have)+0.373%+$37 · spread now +0.143%, 7d avg +0.028%
=Together, before fees+0.591%+ Points / potential airdropAster: Stage 5 · farm board+$59 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.115% dearer against KuCoin than usual: you sell high and buy low (spread +0.143% now, against its 7-day average of +0.028%): +$11 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 26 hours. Mind the row above: over the last 7 days funding on this pair paid +0.218%, 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 0.218% in total (about 11.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.78 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 | KuCoin PROVEUSDTM | 0.2315 | −0.2202 | get 0.1101% / 4h | 1m 07s | $2.8M | $1.1M | 50x |
| Short | Aster PROVEUSDT | 0.2318 | −0.2559 | pay 0.1279% / 4h | 1m 07s | $46K | $274K | 5x |
KuCoin PROVEUSDTM
Aster PROVEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against KuCoin. 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
- −$74.93
- Price spread: +0.143% → +0.028%
- $11.5
- Slippage, 4 orders
- −$180.65
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$264.08
- Costs to cover
- 2.007%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 6 min ago; Aster: live order book, 56 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 KuCoin live order book, 6 min ago | 3.69 bp | 80.6 bp −$81 | 503.3 bp −$5,033 | doesn't fit | doesn't fit |
| Sell Aster live order book, 56 min ago | 10.68 bp | 30.1 bp −$30 | 214.4 bp −$2,144 | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX PROVE-USDT-SWAP | −0.2569% | 4h | 0.2313 | −0.091% | $628K | $8.4M | 20x | as long as short |
| Aster PROVEUSDTshort | −0.2559% | 4h | 0.2318 | +0.143% | $46K | $274K | 5x | |
| MEXC PROVE_USDT | −0.2544% | 4h | 0.2311 | −0.177% | $302K | $423K | 20x | as long as short |
| Bitget PROVEUSDT | −0.2544% | 4h | 0.2311 | −0.177% | $679K | $5.2M | 50x | as long as short |
| Binance PROVEUSDT | −0.2514% | 4h | 0.2310 | −0.220% | $3.4M | $37.9M | 75x | as long as short |
| Bybit PROVEUSDT | −0.2492% | 4h | 0.2319 | +0.168% | $2.1M | $11.5M | 25x | as long as short |
| KuCoin PROVEUSDTMlong | −0.2202% | 4h | 0.2315 | long leg | $2.8M | $1.1M | 50x | |
| ApeX Omni PROVEUSDT | −0.2157% | 1h | 0.2311 | −0.169% | $49K | $335K | 50x | as long as short |
| Gate PROVE_USDT | −0.2120% | 4h | 0.2314 | −0.048% | $197K | $1.1M | 75x | as long as short |
| GRVT PROVE_USDT_Perp | −0.2120% | 4h | 0.2313 | −0.091% | $223K | $2.9M | 10x | as long as short |
OKX PROVE-USDT-SWAP
MEXC PROVE_USDT
Bitget PROVEUSDT
Binance PROVEUSDT
Bybit PROVEUSDT
ApeX Omni PROVEUSDT
Gate PROVE_USDT
GRVT PROVE_USDT_PerpShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX PROVE-USDT | −0.1786% | 4h | 0.2314 | −0.048% | — | $2.5M | — | as long as short |
| Variational Omni PROVE | −0.1148% | 4h | 0.2318 | +0.129% | $28K | $47K | — | as long as short |
| Hyperliquid PROVE | −0.1035% | 1h | 0.2311 | −0.168% | $341K | $955K | 3x | as long as short |
| Lighter PROVE | +0.0096% | 1h | 0.2318 | +0.138% | $82K | $142K | 3x | as long as short |
BingX PROVE-USDT
Variational Omni PROVE
Hyperliquid PROVE
Lighter PROVE