Funding you earn now, next payment 04:00 UTC+0.0037%/8h= +4.0% APRnext payment +$0.18 per $10,000 · paid last 24h +0.003%
Price spread now: Binance against MEXC−0.006%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$700.699% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.341%+$34 · spread now −0.006%, 7d avg +0.004%
=The price spread sits at its 7-day average of +0.004%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PROVE_USDT | 0.2310 | −0.2582 | get 0.1291% / 4h | 2m 03s | $302K | $423K | 20x |
| Short | Binance PROVEUSDT | 0.2310 | −0.2545 | pay 0.1273% / 4h | 2m 03s | $3.4M | $37.9M | 75x |
MEXC PROVE_USDT
Binance PROVEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against MEXC. 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
- $7.75
- Price spread: −0.006% → +0.004%
- −$1.02
- Slippage, 4 orders
- −$55.88
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$63.14
- Costs to cover
- 0.699%
- Break-even
- 64.0 days
Slippage from MEXC: live order book, 39 min ago; Binance: live order book, 10 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, 39 min ago | 4.28 bp | 9.9 bp −$10 | 45.6 bp −$456 | 208.7 bp −$20.9K | 507.8 bp −$253.9K |
| Sell Binance live order book, 10 min ago | 2.17 bp | 22.5 bp −$22 | 85.9 bp −$859 | 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 | −0.2596% | 4h | 0.2311 | +0.043% | $627K | $8.4M | 20x | as long as short |
| Aster PROVEUSDT | −0.2587% | 4h | 0.2319 | +0.370% | $46K | $274K | 5x | as long as short |
| MEXC PROVE_USDTlong | −0.2582% | 4h | 0.2310 | long leg | $302K | $423K | 20x | |
| Bitget PROVEUSDT | −0.2572% | 4h | 0.2312 | +0.087% | $679K | $5.2M | 50x | as long as short |
| Binance PROVEUSDTshort | −0.2545% | 4h | 0.2310 | −0.006% | $3.4M | $37.9M | 75x | |
| Bybit PROVEUSDT | −0.2514% | 4h | 0.2317 | +0.303% | $2.1M | $11.5M | 25x | as long as short |
| KuCoin PROVEUSDTM | −0.2220% | 4h | 0.2315 | +0.208% | $2.8M | $1.1M | 50x | as long as short |
| GRVT PROVE_USDT_Perp | −0.2188% | 4h | 0.2304 | −0.260% | $221K | $2.9M | 10x | as long as short |
| ApeX Omni PROVEUSDT | −0.2174% | 1h | 0.2307 | −0.130% | $49K | $335K | 50x | as long as short |
| Gate PROVE_USDT | −0.2140% | 4h | 0.2315 | +0.216% | $197K | $1.1M | 75x | as long as short |
OKX PROVE-USDT-SWAP
Aster PROVEUSDT
Bitget PROVEUSDT
Bybit PROVEUSDT
KuCoin PROVEUSDTM
GRVT PROVE_USDT_Perp
ApeX Omni PROVEUSDT
Gate PROVE_USDTShow 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 | +0.173% | — | $2.5M | — | as long as short |
| Variational Omni PROVE | −0.1297% | 4h | 0.2308 | −0.082% | $28K | $47K | — | as long as short |
| Hyperliquid PROVE | −0.1038% | 1h | 0.2310 | +0.017% | $340K | $955K | 3x | as long as short |
| Lighter PROVE | +0.0096% | 1h | 0.2319 | +0.394% | $82K | $142K | 3x | as long as short |
BingX PROVE-USDT
Variational Omni PROVE
Hyperliquid PROVE
Lighter PROVE