Settings8H · net · $10k
Funding arb · Price arb /

TRUTH

all TRUTH markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.190%+$19 on $10k · with fees, hour by hour
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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin TRUTH-USDT0.013640.0265pay 0.0132% / 4h31m 01s$196K$14K50x
ShortBinance TRUTHUSDT0.013610.0313get 0.0156% / 4h31m 01s$4.3M$1.7M20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 39 min ago14.02 bp33.8 bp −$34doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 6 min ago5.13 bp47.8 bp −$48231.4 bp −$2,314doesn't fitdoesn't fit

TRUTH on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate TRUTH_USDT+0.0100%4h0.01360−0.315%$425K$62K20xas long as short
Aster TRUTHUSDT+0.0230%4h0.01358−0.481%$36K$7K5xas long as short
KuCoin TRUTHUSDTM+0.0256%4h0.01361−0.220%$1.1M$50K10xas long as short
BloFin TRUTH-USDTlong+0.0265%4h0.01364long leg$196K$14K50x
MEXC TRUTH_USDT+0.0310%4h0.01362−0.191%$11.9M$133K20xas long as short
Extended TRUTH-USD+0.0312%1h0.01361−0.232%$3K$180K5xas long as short
Binance TRUTHUSDTshort+0.0313%4h0.01361−0.213%$4.3M$1.7M20x
Bybit TRUTHUSDT+0.0494%4h0.01363−0.073%$1.3M$464K20xas long as short
BingX TRUTH-USDT+0.0532%4h0.01363−0.066%$6.5Mas long as short
OKX TRUTH-USDT-SWAP+0.0570%4h0.01365+0.066%$190K$295K10xas long as short