Funding arb · Price arb /

PROVE

all PROVE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.283%

Price spread now: Bybit against Variational Omni−0.003%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on Bybit

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni PROVE	0.2275	0.0100	pay 0.0050% / 4h	2h 00m	$28K	$44K	—
Short	Bybit PROVEUSDT	0.2275	0.0100	get 0.0050% / 4h	2h 00m	$2.1M	$8.8M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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

Position, each leg$Hold fordaysFee Variational OmnibpFee BybitbpOrdersPrice spread, now −0.003%Rate

Funding earned: $0
Price spread: −0.003% → 0.000%: −$0.35
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$11.35
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Variational Omni: no order-book sample; Bybit: live order book, 3 min ago. Net counts fees only.

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 Variational Omni no order-book sample	—	—	—	—	—
Sell Bybit live order book, 3 min ago	2.20 bp	30.1 bp −$30	141.2 bp −$1,412	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni PROVEUSDT	−0.1724%	1h	0.2268	−0.323%	$15K	$313K	50x	as long as short
Aster PROVEUSDT	−0.1671%	4h	0.2269	−0.246%	$39K	$221K	5x	as long as short
Binance PROVEUSDT	−0.1206%	4h	0.2271	−0.179%	$3.5M	$30.2M	75x	as long as short
MEXC PROVE_USDT	−0.1206%	4h	0.2270	−0.223%	$280K	$396K	20x	as long as short
Bitget PROVEUSDT	−0.1194%	4h	0.2270	−0.223%	$634K	$3.8M	50x	as long as short
OKX PROVE-USDT-SWAP	−0.1174%	4h	0.2272	−0.135%	$633K	$6.5M	20x	as long as short
Gate PROVE_USDT	−0.1128%	4h	0.2271	−0.179%	$156K	$682K	75x	as long as short
KuCoin PROVEUSDTM	−0.0834%	4h	0.2271	−0.188%	$2.7M	$686K	50x	as long as short
GRVT PROVE_USDT_Perp	−0.0668%	4h	0.2269	−0.267%	$221K	$3.2M	10x	as long as short
Hyperliquid PROVE	−0.0545%	1h	0.2271	−0.201%	$323K	$722K	3x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter PROVE	+0.0096%	1h	0.2272	−0.122%	$36K	$179K	3x	as long as short
Bybit PROVEUSDTshort	+0.0100%	4h	0.2275	−0.003%	$2.1M	$8.8M	25x
BingX PROVE-USDT	+0.0100%	4h	0.2273	−0.091%	—	$2.5M	—	as long as short
Variational Omni PROVElong	+0.0100%	4h	0.2275	long leg	$28K	$44K	—