Settings8H · net · $10k
Funding arb · Price arb /

TRUTH

all TRUTH markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0116%/8h= +12.7% APRnext payment +$0.58 per $10,000 · paid last 24h −0.050%
Price spread now: KuCoin against Bybit−0.256%7-day average −0.337% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,929as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,895as in the Price arb table
costs, in and out, $10k−$1,90319.032% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.255%−$26 on $10k
Price spread, last 7 days+0.104%+$10 · spread now −0.256%, 7d avg −0.337%
Together, before fees−0.151%−$15 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.081% dearer against Bybit than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.337%. Mind the row above: over the last 7 days funding on this pair cost −0.255%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit TRUTHUSDT0.013660.0100pay 0.0050% / 4h2h 20m$1.3M$427K20x
ShortKuCoin TRUTHUSDTM0.013620.0216get 0.0108% / 4h2h 20m$1.0M$50K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
$24.36
Price spread: −0.256% → −0.337%
$8.06
Slippage, 4 orders
−$1,880.17
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,870.75
Costs to cover
19.032%
Break-even
544.6 days
Slippage from Bybit: live order book, 1 min ago; KuCoin: live order book, 5 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 Bybit live order book, 1 min ago10.98 bp275.9 bp −$276doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago20.88 bp663.1 bp −$663doesn'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
Bybit TRUTHUSDTlong+0.0100%4h0.01366long leg$1.3M$427K20x
KuCoin TRUTHUSDTMshort+0.0216%4h0.01362−0.256%$1.0M$50K10x
Aster TRUTHUSDT+0.0470%4h0.01365−0.066%$36K$6K5xas long as short
Gate TRUTH_USDT+0.0506%4h0.01363−0.176%$425K$52K20xas long as short
BloFin TRUTH-USDT+0.0803%4h0.01367+0.073%$198K$12K50xas long as short
MEXC TRUTH_USDT+0.0836%4h0.01364−0.124%$11.9M$134K20xas long as short
Binance TRUTHUSDT+0.0838%4h0.01365−0.057%$4.4M$1.6M20xas long as short
Extended TRUTH-USD+0.0840%1h0.01363−0.210%$2K$262K5xas long as short
BingX TRUTH-USDT+0.1692%4h0.01367+0.059%$6.5Mas long as short
OKX TRUTH-USDT-SWAP+0.1760%4h0.01367+0.124%$226K$332K10xas long as short