PROVE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0511%/8h= +55.9% APRnext payment +$2.55 per $10,000 · paid last 24h −0.013%

Price spread now: Aster against MEXC+0.084%7-day average +0.093% · you sell dearer than you buy

Net, funding: paid 7d − costs−$84as in the Funding arb table

Net, price: spread back to 7d avg − costs−$82as in the Price arb table

costs, in and out, $10k−$810.807% of the position

Long on MEXC Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.032%−$3 on $10k

Price spread, last 4 days (all we have)+0.188%+$19 · spread now +0.084%, 7d avg +0.093%

Together, before fees+0.156%+ Points / potential airdropAster: Stage 5 · farm board+$16 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.093%, so right now this pair is about funding alone: +$15 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.032% in total (about -1.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.55 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	MEXC PROVE_USDT	0.2388	−0.7154	get 0.3577% / 4h	9m 03s	$295K	$403K	20x
Short	Aster PROVEUSDT	0.2390	−0.6643	pay 0.3322% / 4h	9m 03s	$46K	$269K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against MEXC. 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 MEXCbpFee AsterbpOrdersPrice spread, now +0.084%Rate

Funding earned: $107.21
Price spread: +0.084% → +0.093%: −$0.97
Slippage, 4 orders: −$68.7
Fee MEXC: 2 bp × 2 orders: −$4
Fee Aster: 4 bp × 2 orders: −$8
Net: $25.53
Costs to cover: 0.807%
Break-even: 5.3 days

Slippage from MEXC: live order book, 52 min ago; Aster: live order book, 3 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 MEXC live order book, 52 min ago	4.17 bp	11.0 bp −$11	32.7 bp −$327	191.3 bp −$19.1K	doesn't fit
Sell Aster live order book, 3 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
Bybit PROVEUSDT	−0.9788%	4h	0.2399	+0.461%	$2.1M	$10.2M	25x	as long as short
BingX PROVE-USDT	−0.9346%	4h	0.2392	+0.168%	—	$2.5M	—	as long as short
Variational Omni PROVE	−0.8192%	4h	0.2387	−0.035%	$28K	$46K	—	as long as short
Binance PROVEUSDT	−0.7164%	4h	0.2389	+0.050%	$3.5M	$36.2M	75x	as long as short
MEXC PROVE_USDTlong	−0.7154%	4h	0.2388	long leg	$295K	$403K	20x
Hyperliquid PROVE	−0.7079%	1h	0.2392	+0.147%	$356K	$918K	3x	as long as short
OKX PROVE-USDT-SWAP	−0.6869%	4h	0.2392	+0.168%	$611K	$8.2M	20x	as long as short
Gate PROVE_USDT	−0.6770%	4h	0.2390	+0.084%	$215K	$1.0M	75x	as long as short
Aster PROVEUSDTshort	−0.6643%	4h	0.2390	+0.084%	$46K	$269K	5x
GRVT PROVE_USDT_Perp	−0.6520%	4h	0.2381	−0.308%	$221K	$2.5M	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget PROVEUSDT	−0.6452%	4h	0.2392	+0.168%	$669K	$4.7M	50x	as long as short
KuCoin PROVEUSDTM	−0.6224%	4h	0.2392	+0.172%	$2.9M	$1.1M	50x	as long as short
ApeX Omni PROVEUSDT	−0.2776%	1h	0.2381	−0.294%	$52K	$333K	50x	as long as short
Lighter PROVE	−0.2736%	1h	0.2396	+0.343%	$83K	$132K	3x	as long as short