TRUTH

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.1078%/8h= +118.0% APRnext payment +$5.39 per $10,000 · paid last 24h +0.006%

Price spread now: OKX against BloFin+0.441%63s7-day average +0.097% · you sell dearer than you buy

Net, funding: paid 7d − costs−$142as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1781.776% of the position

Long on BloFin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.355%+$36 on $10k

Price spread, last 4 days (all we have)−0.388%−$39 · spread now +0.441%, 7d avg +0.097%

Together, before fees−0.033%−$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$32 a day on $10k at the current rate, and OKX is 0.344% dearer against BloFin than usual: you sell high and buy low: +$34 more if the spread goes back to its 7-day average of +0.097%. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.355% in total (about 18.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.39 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	BloFin TRUTH-USDT	0.01360	0.0632	pay 0.0316% / 4h	3h 58m	$198K	$12K	50x
Short	OKX TRUTH-USDT-SWAP	0.01366	0.1710	get 0.0855% / 4h	3h 58m	$226K	$336K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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

Position, each leg$Hold fordaysFee BloFinbpFee OKXbpOrdersPrice spread, now +0.441%Rate

Funding earned: $226.36
Price spread: +0.441% → +0.097%: $34.44
Slippage, 4 orders: −$155.59
Fee BloFin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: $83.22
Costs to cover: 1.776%
Break-even: 4.4 days

Slippage from BloFin: live order book, 32 min ago; OKX: live order book, 57 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, 32 min ago	3.67 bp	32.0 bp −$32	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 57 min ago	4.78 bp	60.0 bp −$60	572.1 bp −$5,721	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
Aster TRUTHUSDT	+0.0359%	4h	0.01361	+0.057%	$36K	$6K	5x	as long as short
Extended TRUTH-USD	+0.0624%	1h	0.01360	−0.013%	$4K	$180K	5x	as long as short
MEXC TRUTH_USDT	+0.0624%	4h	0.01360	+0.029%	$11.8M	$131K	20x	as long as short
Binance TRUTHUSDT	+0.0626%	4h	0.01360	+0.015%	$4.4M	$1.5M	20x	as long as short
BloFin TRUTH-USDTlong	+0.0632%	4h	0.01360	long leg	$198K	$12K	50x
Bybit TRUTHUSDT	+0.0855%	4h	0.01363	+0.235%	$1.3M	$422K	20x	as long as short
KuCoin TRUTHUSDTM	+0.0972%	4h	0.01360	+0.015%	$1.0M	$50K	10x	as long as short
Gate TRUTH_USDT	+0.1048%	4h	0.01360	−0.015%	$423K	$52K	20x	as long as short
BingX TRUTH-USDT	+0.1612%	4h	0.01362	+0.191%	—	$6.5M	—	as long as short
OKX TRUTH-USDT-SWAPshort	+0.1710%	4h	0.01366	+0.441%	$226K	$336K	10x