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−0.0121%/8h= −13.3% APRnext payment $0.61 per $10,000 · paid last 24h −0.148%
Price spread now: Gate against BloFin−0.206%7-day average −0.241% · you buy dearer than you sell
Net, funding: paid 7d − costs−$731as in the Funding arb table
Net, price: spread back to 7d avg − costs−$776as in the Price arb table
costs, in and out, $10k−$7807.796% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.483%+$48 on $10k
Price spread, last 3 days (all we have)−0.073%−$7 · spread now −0.206%, 7d avg −0.241%
Together, before fees+0.410%+$41 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.035% dearer against BloFin than usual: you sell high and buy low (spread −0.206% now, against its 7-day average of −0.241%): +$3 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 23 hours. Mind the row above: over the last 7 days funding on this pair paid +0.483%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin TRUTH-USDT0.013570.0221pay 0.0111% / 4h59m 06s$196K$13K50x
ShortGate TRUTH_USDT0.013540.0100get 0.0050% / 4h59m 06s$424K$61K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$25.46
Price spread: −0.206% → −0.241%
$3.48
Slippage, 4 orders
−$752.6
Fee BloFin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$801.58
Costs to cover
7.796%
Break-even
never at this rate
Slippage from BloFin: live order book, 11 min ago; Gate: live order book, 16 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, 11 min ago14.02 bp33.8 bp −$34doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 16 min ago9.23 bp375.8 bp −$376doesn'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_USDTshort+0.0100%4h0.01354−0.206%$424K$61K20x
KuCoin TRUTHUSDTM+0.0100%4h0.01352−0.339%$1.1M$50K10xas long as short
BloFin TRUTH-USDTlong+0.0221%4h0.01357long leg$196K$13K50x
Aster TRUTHUSDT+0.0222%4h0.01356−0.051%$36K$7K5xas long as short
Binance TRUTHUSDT+0.0277%4h0.01356−0.088%$4.3M$1.6M20xas long as short
Extended TRUTH-USD+0.0280%1h0.01355−0.110%$3K$180K5xas long as short
MEXC TRUTH_USDT+0.0280%4h0.01356−0.044%$11.8M$131K20xas long as short
Bybit TRUTHUSDT+0.0354%4h0.01358+0.074%$1.3M$453K20xas long as short
BingX TRUTH-USDT+0.0440%4h0.01357+0.037%$6.5Mas long as short
OKX TRUTH-USDT-SWAP+0.0465%4h0.01357+0.037%$185K$283K10xas long as short