TRUTH

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0039%/8h= +4.3% APRnext payment +$0.19 per $10,000 · paid last 24h +0.020%

Price spread now: OKX against Bybit+0.110%7-day average −0.014% · you sell dearer than you buy

Net, funding: paid 7d − costs−$687as in the Funding arb table

Net, price: spread back to 7d avg − costs−$676as in the Price arb table

costs, in and out, $10k−$6886.880% of the position

Long on Bybit Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.008%+$1 on $10k

Price spread, last 4 days (all we have)−0.141%−$14 · spread now +0.110%, 7d avg −0.014%

Together, before fees−0.132%−$13 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and OKX is 0.124% dearer against Bybit than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.014%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit TRUTHUSDT	0.01364	0.0536	pay 0.0268% / 4h	27m 32s	$1.3M	$463K	20x
Short	OKX TRUTH-USDT-SWAP	0.01366	0.0575	get 0.0288% / 4h	27m 32s	$191K	$291K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.110%Rate

Funding earned: $8.18
Price spread: +0.110% → −0.014%: $12.44
Slippage, 4 orders: −$667.05
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee OKX: 5 bp × 2 orders: −$10
Net: −$667.43
Costs to cover: 6.880%
Break-even: 577.8 days

Slippage from Bybit: live order book, 3 min ago; OKX: live order book, 48 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, 3 min ago	6.23 bp	345.0 bp −$345	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 48 min ago	4.05 bp	67.9 bp −$68	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	−0.301%	$425K	$62K	20x	as long as short
Aster TRUTHUSDT	+0.0222%	4h	0.01357	−0.483%	$36K	$7K	5x	as long as short
BloFin TRUTH-USDT	+0.0261%	4h	0.01361	−0.242%	$196K	$13K	50x	as long as short
KuCoin TRUTHUSDTM	+0.0310%	4h	0.01361	−0.235%	$1.1M	$50K	10x	as long as short
Extended TRUTH-USD	+0.0320%	1h	0.01361	−0.240%	$3K	$180K	5x	as long as short
MEXC TRUTH_USDT	+0.0322%	4h	0.01361	−0.242%	$11.8M	$133K	20x	as long as short
Binance TRUTHUSDT	+0.0323%	4h	0.01362	−0.178%	$4.3M	$1.6M	20x	as long as short
BingX TRUTH-USDT	+0.0532%	4h	0.01363	−0.051%	—	$6.5M	—	as long as short
Bybit TRUTHUSDTlong	+0.0536%	4h	0.01364	long leg	$1.3M	$463K	20x
OKX TRUTH-USDT-SWAPshort	+0.0575%	4h	0.01366	+0.110%	$191K	$291K	10x