Funding you earn now, next payment 08:00 UTC−0.0550%/8h= −60.2% APRnext payment −$2.75 per $10,000 · paid last 24h −0.048%
Price spread now: Aster against OKX−0.011%7-day average +0.069% · you buy dearer than you sell
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1011.013% of the position
Funding, last 7 days+0.045%+$4 on $10k
+Price spread, last 4 days (all we have)+0.155%+$16 · spread now −0.011%, 7d avg +0.069%
=Together, before fees+0.200%+ Points / potential airdropAster: Stage 5 · farm board+$20 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Aster is 0.080% cheaper against OKX than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.069%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.045% in total (about 2.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.75 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 | OKX PROVE-USDT-SWAP | 0.2254 | −0.1014 | get 0.0507% / 4h | 1h 43m | $638K | $6.4M | 20x |
| Short | Aster PROVEUSDT | 0.2254 | −0.1565 | pay 0.0782% / 4h | 1h 43m | $38K | $221K | 5x |
OKX PROVE-USDT-SWAP
Aster PROVEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against OKX. 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
- −$115.53
- Price spread: −0.011% → +0.069%
- −$7.98
- Slippage, 4 orders
- −$83.26
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$224.77
- Costs to cover
- 1.013%
- Break-even
- never at this rate
Slippage from OKX: live order book, 5 min ago; Aster: live order book, 63 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 OKX live order book, 5 min ago | 4.43 bp | 27.2 bp −$27 | 105.9 bp −$1,059 | doesn't fit | doesn't fit |
| Sell Aster live order book, 63 min ago | 6.61 bp | 24.0 bp −$24 | 328.0 bp −$3,280 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster PROVEUSDTshort | −0.1565% | 4h | 0.2254 | −0.011% | $38K | $221K | 5x | |
| ApeX Omni PROVEUSDT | −0.1333% | 1h | 0.2254 | −0.001% | $15K | $311K | 50x | as long as short |
| Gate PROVE_USDT | −0.1148% | 4h | 0.2258 | +0.177% | $153K | $679K | 75x | as long as short |
| Binance PROVEUSDT | −0.1095% | 4h | 0.2253 | −0.034% | $3.4M | $30.0M | 75x | as long as short |
| MEXC PROVE_USDT | −0.1094% | 4h | 0.2254 | 0.000% | $305K | $383K | 20x | as long as short |
| Bitget PROVEUSDT | −0.1070% | 4h | 0.2255 | +0.044% | $628K | $3.8M | 50x | as long as short |
| OKX PROVE-USDT-SWAPlong | −0.1014% | 4h | 0.2254 | long leg | $638K | $6.4M | 20x | |
| KuCoin PROVEUSDTM | −0.0686% | 4h | 0.2258 | +0.177% | $2.7M | $687K | 50x | as long as short |
| GRVT PROVE_USDT_Perp | −0.0576% | 4h | 0.2257 | +0.133% | $214K | $3.3M | 10x | as long as short |
| Hyperliquid PROVE | −0.0556% | 1h | 0.2256 | +0.089% | $320K | $721K | 3x | as long as short |
ApeX Omni PROVEUSDT
Gate PROVE_USDT
Binance PROVEUSDT
MEXC PROVE_USDT
Bitget PROVEUSDT
KuCoin PROVEUSDTM
GRVT PROVE_USDT_Perp
Hyperliquid PROVEShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter PROVE | +0.0096% | 1h | 0.2258 | +0.177% | $35K | $121K | 3x | as long as short |
| Bybit PROVEUSDT | +0.0100% | 4h | 0.2258 | +0.177% | $2.1M | $8.8M | 25x | as long as short |
| BingX PROVE-USDT | +0.0100% | 4h | 0.2256 | +0.089% | — | $2.4M | — | as long as short |
| Variational Omni PROVE | +0.0100% | 4h | 0.2259 | +0.226% | $28K | $44K | — | as long as short |
Lighter PROVE
Bybit PROVEUSDT
BingX PROVE-USDT
Variational Omni PROVE