TRUTH

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0911%/8h= +99.7% APRnext payment +$4.55 per $10,000 · paid last 24h +0.040%

Price spread now: OKX against Binance+0.136%7-day average +0.108% · you sell dearer than you buy

Net, funding: paid 7d − costs−$142as in the Funding arb table

Net, price: spread back to 7d avg − costs−$183as in the Price arb table

costs, in and out, $10k−$1861.860% of the position

Long on Binance Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.438%+$44 on $10k

Price spread, last 4 days (all we have)−0.056%−$6 · spread now +0.136%, 7d avg +0.108%

Together, before fees+0.382%+$38 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$27 a day on $10k at the current rate, and OKX is 0.028% dearer against Binance than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.108%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.438% in total (about 22.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.55 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance TRUTHUSDT	0.01367	0.0876	pay 0.0438% / 4h	2h 39m	$4.4M	$1.6M	20x
Short	OKX TRUTH-USDT-SWAP	0.01369	0.1787	get 0.0894% / 4h	2h 39m	$226K	$332K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.136%Rate

Funding earned: $191.25
Price spread: +0.136% → +0.108%: $2.78
Slippage, 4 orders: −$166.02
Fee Binance: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: $8.01
Costs to cover: 1.860%
Break-even: 6.7 days

Slippage from Binance: live order book, 12 min ago; OKX: live order book, 6 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, 12 min ago	6.22 bp	35.2 bp −$35	366.5 bp −$3,665	doesn't fit	doesn't fit
Sell OKX live order book, 6 min ago	2.92 bp	59.4 bp −$59	174.7 bp −$1,747	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
Bybit TRUTHUSDT	+0.0100%	4h	0.01368	+0.106%	$1.3M	$431K	20x	as long as short
KuCoin TRUTHUSDTM	+0.0364%	4h	0.01363	−0.311%	$1.0M	$50K	10x	as long as short
Aster TRUTHUSDT	+0.0462%	4h	0.01367	−0.040%	$36K	$6K	5x	as long as short
Gate TRUTH_USDT	+0.0468%	4h	0.01365	−0.164%	$425K	$52K	20x	as long as short
BloFin TRUTH-USDT	+0.0859%	4h	0.01365	−0.135%	$199K	$12K	50x	as long as short
Binance TRUTHUSDTlong	+0.0876%	4h	0.01367	long leg	$4.4M	$1.6M	20x
MEXC TRUTH_USDT	+0.0878%	4h	0.01367	+0.004%	$11.9M	$133K	20x	as long as short
Extended TRUTH-USD	+0.0880%	1h	0.01367	−0.030%	$2K	$262K	5x	as long as short
BingX TRUTH-USDT	+0.1694%	4h	0.01368	+0.106%	—	$6.5M	—	as long as short
OKX TRUTH-USDT-SWAPshort	+0.1787%	4h	0.01369	+0.136%	$226K	$332K	10x