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−0.0996%/8h= −109.1% APRnext payment $4.98 per $10,000 · paid last 24h +0.148%
Price spread now: Bitget against Variational Omni−0.068%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
Both sides work against this trade now: funding costs −$30 a day on $10k at the current rate, and Bitget is 0.068% cheaper against Variational Omni than usual: you would sell low and buy high (−$7 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 PROVE0.2328−0.2344get 0.1172% / 4h31m 54s$28K$47K
ShortBitget PROVEUSDT0.2326−0.3340pay 0.1670% / 4h31m 54s$694K$5.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
−$209.22
Price spread: −0.068% → 0.000%
−$6.84
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$228.07
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Variational Omni: no order-book sample; Bitget: live order book, 1 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 Bitget live order book, 1 min ago6.45 bp20.1 bp −$2065.2 bp −$652doesn'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
OKX PROVE-USDT-SWAP−0.3459%4h0.2327−0.025%$615K$8.4M20xas long as short
Aster PROVEUSDT−0.3409%4h0.2326−0.048%$46K$274K5xas long as short
Bitget PROVEUSDTshort−0.3340%4h0.2326−0.068%$694K$5.2M50x
Bybit PROVEUSDT−0.3338%4h0.2334+0.275%$2.1M$11.5M25xas long as short
MEXC PROVE_USDT−0.3246%4h0.2326−0.068%$282K$417K20xas long as short
Binance PROVEUSDT−0.3212%4h0.2327−0.025%$3.4M$37.9M75xas long as short
KuCoin PROVEUSDTM−0.3042%4h0.2329+0.043%$2.8M$1.2M50xas long as short
Gate PROVE_USDT−0.2776%4h0.2330+0.103%$199K$1.1M75xas long as short
GRVT PROVE_USDT_Perp−0.2622%4h0.2328+0.009%$222K$2.8M10xas long as short
ApeX Omni PROVEUSDT−0.2481%1h0.2329+0.060%$49K$334K50xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni PROVElong−0.2344%4h0.2328long leg$28K$47K
BingX PROVE-USDT−0.2336%4h0.2327−0.025%$2.5Mas long as short
Hyperliquid PROVE−0.1301%1h0.2326−0.060%$336K$951K3xas long as short
Lighter PROVE+0.0096%1h0.2333+0.219%$82K$141K3xas long as short