TRUTH

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0065%/8h= +7.1% APRnext payment +$0.33 per $10,000 · paid last 24h −0.001%

Price spread now: Bybit against Binance+0.192%7-day average +0.144% · you sell dearer than you buy

Net, funding: paid 7d − costs−$635as in the Funding arb table

Net, price: spread back to 7d avg − costs−$663as in the Price arb table

costs, in and out, $10k−$6686.681% of the position

Long on Binance Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.331%+$33 on $10k

Price spread, last 7 days−0.062%−$6 · spread now +0.192%, 7d avg +0.144%

Together, before fees+0.269%+$27 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bybit is 0.048% dearer against Binance than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.144%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance TRUTHUSDT	0.01355	0.0284	pay 0.0142% / 4h	1h 00m	$4.3M	$1.6M	20x
Short	Bybit TRUTHUSDT	0.01358	0.0349	get 0.0174% / 4h	1h 00m	$1.3M	$453K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Binance. 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 BinancebpFee BybitbpOrdersPrice spread, now +0.192%Rate

Funding earned: $13.66
Price spread: +0.192% → +0.144%: $4.77
Slippage, 4 orders: −$647.13
Fee Binance: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$649.69
Costs to cover: 6.681%
Break-even: 339.9 days

Slippage from Binance: live order book, 6 min ago; Bybit: live order book, 10 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 Binance live order book, 6 min ago	4.79 bp	39.9 bp −$40	394.5 bp −$3,945	doesn't fit	doesn't fit
Sell Bybit live order book, 10 min ago	5.89 bp	241.7 bp −$242	doesn't fit	doesn't fit	doesn't fit

TRUTH on 10 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
Gate TRUTH_USDT	+0.0100%	4h	0.01354	−0.081%	$424K	$63K	20x	as long as short
KuCoin TRUTHUSDTM	+0.0100%	4h	0.01352	−0.221%	$1.1M	$50K	10x	as long as short
Aster TRUTHUSDT	+0.0237%	4h	0.01356	+0.050%	$36K	$7K	5x	as long as short
Extended TRUTH-USD	+0.0280%	1h	0.01355	−0.020%	$3K	$180K	5x	as long as short
MEXC TRUTH_USDT	+0.0282%	4h	0.01356	+0.030%	$11.8M	$134K	20x	as long as short
Binance TRUTHUSDTlong	+0.0284%	4h	0.01355	long leg	$4.3M	$1.6M	20x
BloFin TRUTH-USDT	+0.0336%	4h	0.01357	+0.111%	$196K	$13K	50x	as long as short
Bybit TRUTHUSDTshort	+0.0349%	4h	0.01358	+0.192%	$1.3M	$453K	20x
BingX TRUTH-USDT	+0.0440%	4h	0.01357	+0.148%	—	$6.5M	—	as long as short
OKX TRUTH-USDT-SWAP	+0.0461%	4h	0.01357	+0.155%	$185K	$283K	10x	as long as short