Funding you earn now, next payment 04:00 UTC+0.0358%/8h= +39.2% APRnext payment +$1.79 per $10,000 · paid last 24h −0.162%
Price spread now: Gate against Bybit−0.331%7-day average −0.345% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,140as in the Price arb table
costs, in and out, $10k−$1,14111.414% of the position
Funding, last 7 days+0.133%+$13 on $10k
+Price spread, last 4 days (all we have)+0.010%+$1 · spread now −0.331%, 7d avg −0.345%
=The price spread sits at its 7-day average of −0.345%, so right now this pair is about funding alone: +$11 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.133% in total (about 6.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.79 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 | 0.01358 | 0.0100 | pay 0.0050% / 4h | 56m 11s | $1.3M | $404K | 20x |
| Short | Gate TRUTH_USDT | 0.01354 | 0.0458 | get 0.0229% / 4h | 56m 11s | $421K | $52K | 20x |
Bybit TRUTHUSDT
Gate TRUTH_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $75.18
- Price spread: −0.331% → −0.345%
- $1.4
- Slippage, 4 orders
- −$1,115.36
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$1,064.77
- Costs to cover
- 11.414%
- Break-even
- 106.1 days
Slippage from Bybit: live order book, 5 min ago; Gate: live order book, 65 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 | 7.36 bp | 312.0 bp −$312 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 65 min ago | 15.83 bp | 348.4 bp −$348 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit TRUTHUSDTlong | +0.0100% | 4h | 0.01358 | long leg | $1.3M | $404K | 20x | |
| Aster TRUTHUSDT | +0.0417% | 4h | 0.01356 | −0.129% | $36K | $6K | 5x | as long as short |
| Gate TRUTH_USDTshort | +0.0458% | 4h | 0.01354 | −0.331% | $421K | $52K | 20x | |
| Binance TRUTHUSDT | +0.0525% | 4h | 0.01358 | +0.029% | $4.4M | $1.6M | 20x | as long as short |
| MEXC TRUTH_USDT | +0.0526% | 4h | 0.01358 | +0.029% | $11.8M | $130K | 20x | as long as short |
| Extended TRUTH-USD | +0.0528% | 1h | 0.01358 | +0.004% | $3K | $185K | 5x | as long as short |
| BloFin TRUTH-USDT | +0.0578% | 4h | 0.01358 | −0.022% | $198K | $12K | 50x | as long as short |
| KuCoin TRUTHUSDTM | +0.0928% | 4h | 0.01358 | −0.022% | $1.0M | $50K | 10x | as long as short |
| BingX TRUTH-USDT | +0.1462% | 4h | 0.01360 | +0.110% | — | $6.5M | — | as long as short |
| OKX TRUTH-USDT-SWAP | +0.1532% | 4h | 0.01361 | +0.184% | $216K | $321K | 10x | as long as short |
Aster TRUTHUSDT
Binance TRUTHUSDT
MEXC TRUTH_USDT
Extended TRUTH-USD
BloFin TRUTH-USDT
KuCoin TRUTHUSDTM
BingX TRUTH-USDT
OKX TRUTH-USDT-SWAP