Funding you earn now, next payment 00:00 UTC−0.0261%/8h= −28.5% APRnext payment −$1.30 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against Bybit−0.183%52s7-day average −0.107% · you buy dearer than you sell
Net, funding: paid 7d − costs−$663as 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−$6306.301% of the position
Funding, last 7 days−0.328%−$33 on $10k
+Price spread, last 3 days (all we have)+0.120%+$12 · spread now −0.183%, 7d avg −0.107%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and BloFin is 0.076% cheaper against Bybit than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.107%). Swap the legs. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TRUTHUSDT | 0.01363 | 0.0522 | pay 0.0261% / 4h | 28m 21s | $1.3M | $464K | 20x |
| Short | BloFin TRUTH-USDT | 0.01361 | 0.0261 | get 0.0131% / 4h | 28m 21s | $196K | $13K | 50x |
Bybit TRUTHUSDT
BloFin TRUTH-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$54.74
- Price spread: −0.183% → −0.107%
- −$7.65
- Slippage, 4 orders
- −$607.08
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$692.47
- Costs to cover
- 6.301%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; BloFin: live order book, 42 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, 2 min ago | 6.23 bp | 345.0 bp −$345 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 42 min ago | 14.02 bp | 42.9 bp −$43 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate TRUTH_USDT | +0.0100% | 4h | 0.01360 | −0.205% | $425K | $62K | 20x | as long as short |
| Aster TRUTHUSDT | +0.0224% | 4h | 0.01358 | −0.416% | $36K | $7K | 5x | as long as short |
| BloFin TRUTH-USDTshort | +0.0261% | 4h | 0.01361 | −0.183% | $196K | $13K | 50x | |
| KuCoin TRUTHUSDTM | +0.0294% | 4h | 0.01361 | −0.154% | $1.1M | $50K | 10x | as long as short |
| MEXC TRUTH_USDT | +0.0318% | 4h | 0.01361 | −0.176% | $11.9M | $133K | 20x | as long as short |
| Extended TRUTH-USD | +0.0320% | 1h | 0.01361 | −0.151% | $3K | $180K | 5x | as long as short |
| Binance TRUTHUSDT | +0.0323% | 4h | 0.01360 | −0.257% | $4.3M | $1.7M | 20x | as long as short |
| Bybit TRUTHUSDTlong | +0.0522% | 4h | 0.01363 | long leg | $1.3M | $464K | 20x | |
| BingX TRUTH-USDT | +0.0532% | 4h | 0.01362 | −0.081% | — | $6.5M | — | as long as short |
| OKX TRUTH-USDT-SWAP | +0.0575% | 4h | 0.01364 | +0.073% | $190K | $289K | 10x | as long as short |
Gate TRUTH_USDT
Aster TRUTHUSDT
KuCoin TRUTHUSDTM
MEXC TRUTH_USDT
Extended TRUTH-USD
Binance TRUTHUSDT
BingX TRUTH-USDT
OKX TRUTH-USDT-SWAP