Funding you earn now, next payment 04:00 UTC−0.0622%/8h= −68.1% APRnext payment −$3.11 per $10,000 · paid last 24h −0.086%
Price spread now: KuCoin against BingX−0.389%7-day average −0.248% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,687as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,669as in the Price arb table
costs, in and out, $10k−$1,65516.550% of the position
Funding, last 7 days−0.320%−$32 on $10k
+Price spread, last 7 days+0.332%+$33 · spread now −0.389%, 7d avg −0.248%
=Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and KuCoin is 0.141% cheaper against BingX than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.248%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.320% in total (about -16.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.11 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 | 0.01362 | 0.1598 | pay 0.0799% / 4h | 2m 20s | — | $6.5M | — |
| Short | KuCoin TRUTHUSDTM | 0.01357 | 0.0976 | get 0.0488% / 4h | 2m 20s | $1.0M | $50K | 10x |
BingX TRUTH-USDT
KuCoin TRUTHUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$130.62
- Price spread: −0.389% → −0.248%
- −$14.07
- Slippage, 4 orders
- −$1,633.03
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,799.72
- Costs to cover
- 16.550%
- Break-even
- never at this rate
Slippage from BingX: live order book, 8 min ago; KuCoin: live order book, 2 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, 8 min ago | 6.60 bp | 39.8 bp −$40 | 106.8 bp −$1,068 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 16.19 bp | 645.3 bp −$645 | 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 | 0.01363 | +0.022% | $1.3M | $421K | 20x | as long as short |
| Aster TRUTHUSDT | +0.0369% | 4h | 0.01360 | −0.133% | $36K | $6K | 5x | as long as short |
| Gate TRUTH_USDT | +0.0412% | 4h | 0.01359 | −0.250% | $423K | $53K | 20x | as long as short |
| BloFin TRUTH-USDT | +0.0618% | 4h | 0.01359 | −0.235% | $197K | $12K | 50x | as long as short |
| Extended TRUTH-USD | +0.0624% | 1h | 0.01359 | −0.212% | $4K | $185K | 5x | as long as short |
| MEXC TRUTH_USDT | +0.0624% | 4h | 0.01360 | −0.169% | $11.8M | $135K | 20x | as long as short |
| Binance TRUTHUSDT | +0.0626% | 4h | 0.01360 | −0.184% | $4.4M | $1.5M | 20x | as long as short |
| KuCoin TRUTHUSDTMshort | +0.0976% | 4h | 0.01357 | −0.389% | $1.0M | $50K | 10x | |
| BingX TRUTH-USDTlong | +0.1598% | 4h | 0.01362 | long leg | — | $6.5M | — | |
| OKX TRUTH-USDT-SWAP | +0.1697% | 4h | 0.01362 | +0.007% | $225K | $335K | 10x | as long as short |
Bybit TRUTHUSDT
Aster TRUTHUSDT
Gate TRUTH_USDT
BloFin TRUTH-USDT
Extended TRUTH-USD
MEXC TRUTH_USDT
Binance TRUTHUSDT
OKX TRUTH-USDT-SWAP