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−0.0032%/8h= −3.5% APRpaid last 24h −0.013%
Price spread now: Extended against BloFin−0.021%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$220as in the Funding arb table
Net, price: spread back to 7d avg − costs−$213as in the Price arb table
costs, in and out, $10k−$2152.148% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.051%−$5 on $10k
Price spread, last 3 days (all we have)−0.015%−$1 · spread now −0.021%, 7d avg −0.043%
Together, before fees−0.065%+ Points / potential airdropExtended: Active · farm board−$7 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.023% dearer against BloFin than usual: you sell high and buy low (spread −0.021% now, against its 7-day average of −0.043%): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin TRUTH-USDT0.013590.0392pay 0.0196% / 4h7m 12s$196K$13K50x
ShortExtended TRUTH-USD0.013590.0360get 0.0045% / 1h7m 12s$3K$180K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$6.76
Price spread: −0.021% → −0.043%
$2.28
Slippage, 4 orders
−$197.79
Fee BloFin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$219.27
Costs to cover
2.148%
Break-even
never at this rate
Slippage from BloFin: live order book, 63 min ago; Extended: live order book, 4 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, 63 min ago14.02 bp33.8 bp −$34doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 4 min ago6.26 bp67.7 bp −$68doesn't fitdoesn'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%4h0.01356−0.191%$425K$62K20xas long as short
Aster TRUTHUSDT+0.0158%4h0.01359−0.001%$36K$6K5xas long as short
MEXC TRUTH_USDT+0.0358%4h0.01358−0.037%$11.8M$134K20xas long as short
Binance TRUTHUSDT+0.0358%4h0.013590.000%$4.3M$1.6M20xas long as short
Extended TRUTH-USDshort+0.0360%1h0.01359−0.021%$3K$180K5x
BloFin TRUTH-USDTlong+0.0392%4h0.01359long leg$196K$13K50x
KuCoin TRUTHUSDTM+0.0486%4h0.01357−0.184%$1.1M$46K10xas long as short
Bybit TRUTHUSDT+0.0595%4h0.01360+0.096%$1.3M$469K20xas long as short
BingX TRUTH-USDT+0.0658%4h0.01360+0.059%$6.5Mas long as short
OKX TRUTH-USDT-SWAP+0.0724%4h0.01362+0.221%$194K$294K10xas long as short