TRUTH

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.00 per $10,000 · paid last 24h −0.165%

Price spread now: Gate against Binance−0.004%7-day average −0.219% · you buy dearer than you sell

Net, funding: paid 7d − costs−$557as in the Funding arb table

Net, price: spread back to 7d avg − costs−$584as in the Price arb table

costs, in and out, $10k−$6066.060% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.488%+$49 on $10k

Price spread, last 4 days (all we have)−0.243%−$24 · spread now −0.004%, 7d avg −0.219%

Together, before fees+0.245%+$24 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.216% dearer against Binance than usual: you sell high and buy low, +$22 on $10k if it goes back to its 7-day average of −0.219%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance TRUTHUSDT	0.01367	0.0869	pay 0.0434% / 4h	43m 30s	$4.5M	$1.6M	20x
Short	Gate TRUTH_USDT	0.01367	0.0868	get 0.0434% / 4h	43m 30s	$425K	$51K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.004%Rate

Funding earned: −$0.2
Price spread: −0.004% → −0.219%: $21.55
Slippage, 4 orders: −$580.97
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$584.62
Costs to cover: 6.060%
Break-even: never at this rate

Slippage from Binance: live order book, 8 min ago; Gate: live order book, 57 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, 8 min ago	4.39 bp	40.5 bp −$40	359.9 bp −$3,599	doesn't fit	doesn't fit
Sell Gate live order book, 57 min ago	12.79 bp	147.2 bp −$147	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
KuCoin TRUTHUSDTM	+0.0100%	4h	0.01366	−0.114%	$1.0M	$52K	10x	as long as short
Bybit TRUTHUSDT	+0.0616%	4h	0.01370	+0.216%	$1.3M	$417K	20x	as long as short
Aster TRUTHUSDT	+0.0743%	4h	0.01366	−0.075%	$36K	$5K	5x	as long as short
Gate TRUTH_USDTshort	+0.0868%	4h	0.01367	−0.004%	$425K	$51K	20x
Binance TRUTHUSDTlong	+0.0869%	4h	0.01367	long leg	$4.5M	$1.6M	20x
Extended TRUTH-USD	+0.0872%	1h	0.01367	−0.009%	$4K	$181K	5x	as long as short
MEXC TRUTH_USDT	+0.0874%	4h	0.01367	−0.019%	$11.9M	$134K	20x	as long as short
BloFin TRUTH-USDT	+0.0875%	4h	0.01368	+0.047%	$199K	$12K	50x	as long as short
BingX TRUTH-USDT	+0.1960%	4h	0.01370	+0.186%	—	$6.5M	—	as long as short
OKX TRUTH-USDT-SWAP	+0.2074%	4h	0.01373	+0.406%	$235K	$352K	10x	as long as short