TRUTH

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0660%/8h= +72.3% APRnext payment +$3.30 per $10,000 · paid last 24h +0.033%

Price spread now: BingX against Bybit−0.022%7-day average −0.085% · you buy dearer than you sell

Net, funding: paid 7d − costs−$630as in the Funding arb table

Net, price: spread back to 7d avg − costs−$623as in the Price arb table

costs, in and out, $10k−$6306.297% of the position

Long on Bybit Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.002%$0 on $10k

Price spread, last 7 days−0.066%−$7 · spread now −0.022%, 7d avg −0.085%

Together, before fees−0.067%−$7 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and BingX is 0.063% dearer against Bybit than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.085%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.002% in total (about -0.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.30 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	Bybit TRUTHUSDT	0.01363	0.0130	pay 0.0065% / 4h	2h 55m	$1.3M	$438K	20x
Short	BingX TRUTH-USDT	0.01362	0.0790	get 0.0395% / 4h	2h 55m	—	$6.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Bybit. 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 BybitbpFee BingXbpOrdersPrice spread, now −0.022%Rate

Funding earned: $138.58
Price spread: −0.022% → −0.085%: $6.33
Slippage, 4 orders: −$608.66
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BingX: 5 bp × 2 orders: −$10
Net: −$484.74
Costs to cover: 6.297%
Break-even: 31.5 days

Slippage from Bybit: live order book, 5 min ago; BingX: live order book, 10 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 Bybit live order book, 5 min ago	7.35 bp	331.9 bp −$332	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 10 min ago	8.08 bp	41.5 bp −$41	105.1 bp −$1,051	1099.1 bp −$109.9K	1360.2 bp −$680.1K

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	0.01358	−0.308%	$424K	$55K	20x	as long as short
Bybit TRUTHUSDTlong	+0.0130%	4h	0.01363	long leg	$1.3M	$438K	20x
Aster TRUTHUSDT	+0.0427%	4h	0.01360	−0.191%	$36K	$6K	5x	as long as short
BloFin TRUTH-USDT	+0.0597%	4h	0.01357	−0.404%	$196K	$13K	50x	as long as short
Binance TRUTHUSDT	+0.0598%	4h	0.01360	−0.191%	$4.3M	$1.6M	20x	as long as short
Extended TRUTH-USD	+0.0600%	1h	0.01360	−0.200%	$3K	$183K	5x	as long as short
MEXC TRUTH_USDT	+0.0608%	4h	0.01361	−0.132%	$11.9M	$131K	20x	as long as short
KuCoin TRUTHUSDTM	+0.0642%	4h	0.01358	−0.345%	$1.1M	$47K	10x	as long as short
BingX TRUTH-USDTshort	+0.0790%	4h	0.01362	−0.022%	—	$6.5M	—
OKX TRUTH-USDT-SWAP	+0.0835%	4h	0.01365	+0.205%	$200K	$302K	10x	as long as short