Settings8H · net · $10k
Funding arb · Price arb /

PROVE

all PROVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.1589%/8h= −173.9% APRnext payment $7.94 per $10,000 · paid last 24h −0.007%
Price spread now: Binance against Variational Omni−0.515%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$48 a day on $10k at the current rate, and Binance is 0.515% cheaper against Variational Omni than usual: you would sell low and buy high (−$51 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PROVE0.2293−0.0517get 0.0259% / 4h3h 33m$28K$47K
ShortBinance PROVEUSDT0.2281−0.2106pay 0.1053% / 4h3h 33m$3.5M$37.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Variational Omni. 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

Funding earned
−$333.59
Price spread: −0.515% → 0.000%
−$51.5
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Binance: 5 bp × 2 orders
−$10
Net
−$395.09
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Variational Omni: no order-book sample; Binance: live order book, 8 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni no order-book sample
Sell Binance live order book, 8 min ago2.19 bp25.6 bp −$2695.2 bp −$952doesn't fitdoesn't fit
Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

PROVE on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni PROVEUSDT−0.2576%1h0.2293−0.004%$21K$356K50xas long as short
Aster PROVEUSDT−0.2251%4h0.2292−0.036%$37K$292K5xas long as short
OKX PROVE-USDT-SWAP−0.2138%4h0.2285−0.353%$633K$8.3M20xas long as short
Bitget PROVEUSDT−0.2128%4h0.2286−0.310%$656K$5.2M50xas long as short
MEXC PROVE_USDT−0.2126%4h0.2282−0.484%$291K$418K20xas long as short
Binance PROVEUSDTshort−0.2106%4h0.2281−0.515%$3.5M$37.8M75x
KuCoin PROVEUSDTM−0.1876%4h0.2285−0.340%$2.7M$1.1M50xas long as short
GRVT PROVE_USDT_Perp−0.1118%4h0.2271−0.969%$211K$3.0M10xas long as short
Gate PROVE_USDT−0.0756%4h0.2289−0.179%$203K$643K75xas long as short
Hyperliquid PROVE−0.0680%1h0.2285−0.353%$332K$961K3xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni PROVElong−0.0517%4h0.2293long leg$28K$47K
BingX PROVE-USDT−0.0394%4h0.2289−0.179%$2.5Mas long as short
Bybit PROVEUSDT−0.0133%4h0.2289−0.179%$2.1M$11.5M25xas long as short
Lighter PROVE+0.0096%1h0.2291−0.074%$80K$131K3xas long as short