Funding you earn now, next payment 00:00 UTC−0.0088%/8h= −9.6% APRnext payment −$0.44 per $10,000 · paid last 24h −0.060%
Price spread now: Binance against BingX−0.133%7-day average −0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$202as in the Funding arb table
Net, price: spread back to 7d avg − costs−$177as in the Price arb table
costs, in and out, $10k−$1701.698% of the position
Funding, last 7 days−0.322%−$32 on $10k
+Price spread, last 7 days+0.102%+$10 · spread now −0.133%, 7d avg −0.058%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Binance is 0.075% cheaper against BingX than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.058%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX TRUTH-USDT | 0.01357 | 0.0458 | pay 0.0229% / 4h | 1h 15m | — | $6.5M | — |
| Short | Binance TRUTHUSDT | 0.01355 | 0.0370 | get 0.0185% / 4h | 1h 15m | $4.3M | $1.6M | 20x |
BingX TRUTH-USDT
Binance TRUTHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$18.38
- Price spread: −0.133% → −0.058%
- −$7.48
- Slippage, 4 orders
- −$149.82
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$195.68
- Costs to cover
- 1.698%
- Break-even
- never at this rate
Slippage from BingX: live order book, 10 min ago; Binance: live order book, 7 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 BingX live order book, 10 min ago | 5.89 bp | 36.9 bp −$37 | 137.7 bp −$1,377 | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 2.58 bp | 41.1 bp −$41 | 178.8 bp −$1,788 | 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 | −0.243% | $424K | $63K | 20x | as long as short |
| KuCoin TRUTHUSDTM | +0.0100% | 4h | 0.01353 | −0.265% | $1.1M | $51K | 10x | as long as short |
| Aster TRUTHUSDT | +0.0347% | 4h | 0.01356 | −0.076% | $36K | $7K | 5x | as long as short |
| Extended TRUTH-USD | +0.0368% | 1h | 0.01355 | −0.132% | $3K | $180K | 5x | as long as short |
| MEXC TRUTH_USDT | +0.0370% | 4h | 0.01355 | −0.118% | $11.8M | $133K | 20x | as long as short |
| Binance TRUTHUSDTshort | +0.0370% | 4h | 0.01355 | −0.133% | $4.3M | $1.6M | 20x | |
| BloFin TRUTH-USDT | +0.0384% | 4h | 0.01357 | +0.007% | $196K | $13K | 50x | as long as short |
| Bybit TRUTHUSDT | +0.0427% | 4h | 0.01358 | +0.066% | $1.3M | $455K | 20x | as long as short |
| BingX TRUTH-USDTlong | +0.0458% | 4h | 0.01357 | long leg | — | $6.5M | — | |
| OKX TRUTH-USDT-SWAP | +0.0485% | 4h | 0.01358 | +0.059% | $185K | $284K | 10x | as long as short |
Gate TRUTH_USDT
KuCoin TRUTHUSDTM
Aster TRUTHUSDT
Extended TRUTH-USD
MEXC TRUTH_USDT
BloFin TRUTH-USDT
Bybit TRUTHUSDT
OKX TRUTH-USDT-SWAP