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

PROVE

all PROVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.2462%/8h= +269.6% APRnext payment +$12.31 per $10,000 · paid last 24h +0.341%
Price spread now: BingX against Variational Omni−1.075%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 3 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
Funding pays, the price is against you. BingX is 1.075% cheaper against Variational Omni than usual: you would sell low and buy high (spread −1.075% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$107 on $10k: about 35 hours of funding at the current rate (+$74 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PROVE0.2431−0.6091get 0.3046% / 4h2h 32m$30K$47K
ShortBingX PROVE-USDT0.2405−0.3629pay 0.1815% / 4h2h 32m$2.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$517.03
Price spread: −1.075% → 0.000%
−$107.45
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BingX: 5 bp × 2 orders
−$10
Net
$399.58
Costs to cover
0.100%
Break-even
1.6 days
Slippage unknown: Variational Omni: no order-book sample; BingX: live order book, 7 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 BingX live order book, 7 min ago6.22 bp29.8 bp −$3091.6 bp −$916471.9 bp −$47.2K1206.9 bp −$603.4K
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
Bybit PROVEUSDT−0.6577%4h0.2411−0.828%$2.2M$11.2M25xas long as short
Variational Omni PROVElong−0.6091%4h0.2431long leg$30K$47K
OKX PROVE-USDT-SWAP−0.5693%4h0.2409−0.910%$599K$8.6M20xas long as short
Bitget PROVEUSDT−0.5388%4h0.2404−1.116%$742K$5.1M50xas long as short
Binance PROVEUSDT−0.5311%4h0.2404−1.116%$3.5M$37.6M75xas long as short
Aster PROVEUSDT−0.5307%4h0.2426−0.204%$49K$273K5xas long as short
MEXC PROVE_USDT−0.5278%4h0.2403−1.157%$276K$414K20xas long as short
KuCoin PROVEUSDTM−0.5272%4h0.2414−0.684%$2.9M$1.1M50xas long as short
Gate PROVE_USDT−0.3698%4h0.2409−0.910%$213K$1.1M75xas long as short
BingX PROVE-USDTshort−0.3629%4h0.2405−1.075%$2.5M
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid PROVE−0.3297%1h0.2405−1.083%$352K$950K3xas long as short
GRVT PROVE_USDT_Perp−0.2838%4h0.2432+0.036%$225K$2.6M10xas long as short
ApeX Omni PROVEUSDT−0.2629%1h0.2436+0.210%$51K$334K50xas long as short
Lighter PROVE−0.0680%1h0.2411−0.836%$85K$137K3xas long as short