Funding you earn now, next payment 00:00 UTC+0.0048%/8h= +5.3% APRnext payment +$0.24 per $10,000 · paid last 24h +0.002%
Price spread now: Binance against BloFin−0.213%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$168as in the Funding arb table
Net, price: spread back to 7d avg − costs−$187as in the Price arb table
costs, in and out, $10k−$1681.676% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 3 days (all we have)+0.193%+$19 · spread now −0.213%, 7d avg −0.014%
=Funding pays, the price is against you. Binance is 0.199% cheaper against BloFin than usual: you would sell low and buy high (spread −0.213% now, against its 7-day average of −0.014%). If the spread goes back, that is −$20 on $10k: about 14 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin TRUTH-USDT | 0.01364 | 0.0265 | pay 0.0132% / 4h | 31m 01s | $196K | $14K | 50x |
| Short | Binance TRUTHUSDT | 0.01361 | 0.0313 | get 0.0156% / 4h | 31m 01s | $4.3M | $1.7M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- $10.07
- Price spread: −0.213% → −0.014%
- −$19.85
- Slippage, 4 orders
- −$145.62
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$177.4
- Costs to cover
- 1.676%
- Break-even
- 130.3 days
Slippage from BloFin: live order book, 39 min ago; Binance: 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 BloFin live order book, 39 min ago | 14.02 bp | 33.8 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 5.13 bp | 47.8 bp −$48 | 231.4 bp −$2,314 | 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 | 0.01360 | −0.315% | $425K | $62K | 20x | as long as short |
| Aster TRUTHUSDT | +0.0230% | 4h | 0.01358 | −0.481% | $36K | $7K | 5x | as long as short |
| KuCoin TRUTHUSDTM | +0.0256% | 4h | 0.01361 | −0.220% | $1.1M | $50K | 10x | as long as short |
| BloFin TRUTH-USDTlong | +0.0265% | 4h | 0.01364 | long leg | $196K | $14K | 50x | |
| MEXC TRUTH_USDT | +0.0310% | 4h | 0.01362 | −0.191% | $11.9M | $133K | 20x | as long as short |
| Extended TRUTH-USD | +0.0312% | 1h | 0.01361 | −0.232% | $3K | $180K | 5x | as long as short |
| Binance TRUTHUSDTshort | +0.0313% | 4h | 0.01361 | −0.213% | $4.3M | $1.7M | 20x | |
| Bybit TRUTHUSDT | +0.0494% | 4h | 0.01363 | −0.073% | $1.3M | $464K | 20x | as long as short |
| BingX TRUTH-USDT | +0.0532% | 4h | 0.01363 | −0.066% | — | $6.5M | — | as long as short |
| OKX TRUTH-USDT-SWAP | +0.0570% | 4h | 0.01365 | +0.066% | $190K | $295K | 10x | as long as short |
BloFin TRUTH-USDT
Binance TRUTHUSDT
Gate TRUTH_USDT
Aster TRUTHUSDT
KuCoin TRUTHUSDTM
MEXC TRUTH_USDT
Extended TRUTH-USD
Bybit TRUTHUSDT
BingX TRUTH-USDT
OKX TRUTH-USDT-SWAP