Funding you earn now, next payment 04:00 UTC−0.0883%/8h= −96.7% APRnext payment −$4.41 per $10,000 · paid last 24h −0.048%
Price spread now: BloFin against BingX−0.316%7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$159as in the Funding arb table
Net, price: spread back to 7d avg − costs−$152as in the Price arb table
costs, in and out, $10k−$1261.257% of the position
Funding, last 7 days−0.336%−$34 on $10k
+Price spread, last 4 days (all we have)+0.408%+$41 · spread now −0.316%, 7d avg −0.056%
=Both sides work against this trade now: funding costs −$26 a day on $10k at the current rate, and BloFin is 0.260% cheaper against BingX than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of −0.056%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.336% in total (about -17.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.41 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 | BingX TRUTH-USDT | 0.01360 | 0.1512 | pay 0.0756% / 4h | 1h 17m | — | $6.5M | — |
| Short | BloFin TRUTH-USDT | 0.01356 | 0.0629 | get 0.0315% / 4h | 1h 17m | $198K | $12K | 50x |
BingX TRUTH-USDT
BloFin TRUTH-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$185.37
- Price spread: −0.316% → −0.056%
- −$26.05
- Slippage, 4 orders
- −$103.72
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$337.13
- Costs to cover
- 1.257%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; BloFin: live order book, 21 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, 9 min ago | 5.14 bp | 40.8 bp −$41 | 162.4 bp −$1,624 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 21 min ago | 2.94 bp | 23.5 bp −$24 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit TRUTHUSDT | +0.0100% | 4h | 0.01358 | −0.132% | $1.3M | $410K | 20x | as long as short |
| Gate TRUTH_USDT | +0.0408% | 4h | 0.01354 | −0.471% | $421K | $57K | 20x | as long as short |
| Aster TRUTHUSDT | +0.0505% | 4h | 0.01356 | −0.307% | $36K | $6K | 5x | as long as short |
| MEXC TRUTH_USDT | +0.0598% | 4h | 0.01358 | −0.110% | $11.8M | $133K | 20x | as long as short |
| Binance TRUTHUSDT | +0.0600% | 4h | 0.01356 | −0.272% | $4.4M | $1.6M | 20x | as long as short |
| Extended TRUTH-USD | +0.0600% | 1h | 0.01358 | −0.146% | $2K | $180K | 5x | as long as short |
| BloFin TRUTH-USDTshort | +0.0629% | 4h | 0.01356 | −0.316% | $198K | $12K | 50x | |
| KuCoin TRUTHUSDTM | +0.1032% | 4h | 0.01356 | −0.272% | $1.0M | $50K | 10x | as long as short |
| BingX TRUTH-USDTlong | +0.1512% | 4h | 0.01360 | long leg | — | $6.5M | — | |
| OKX TRUTH-USDT-SWAP | +0.1604% | 4h | 0.01362 | +0.125% | $217K | $319K | 10x | as long as short |
Bybit TRUTHUSDT
Gate TRUTH_USDT
Aster TRUTHUSDT
MEXC TRUTH_USDT
Binance TRUTHUSDT
Extended TRUTH-USD
KuCoin TRUTHUSDTM
OKX TRUTH-USDT-SWAP