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

TRUTH

all TRUTH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.014%
Price spread now: Binance against Extended+0.136%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$196as in the Funding arb table
Net, price: spread back to 7d avg − costs−$190as in the Price arb table
costs, in and out, $10k−$2012.012% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.048%+$5 on $10k
Price spread, last 4 days (all we have)−0.113%−$11 · spread now +0.136%, 7d avg +0.029%
Together, before fees−0.065%+ Points / potential airdropExtended: Active · farm board−$6 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.107% dearer against Extended than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.029%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended TRUTH-USD0.013630.0296pay 0.0037% / 1h34m 45s$3K$180K5x
ShortBinance TRUTHUSDT0.013650.0296get 0.0148% / 4h34m 45s$4.3M$1.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Extended. 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
$0.03
Price spread: +0.136% → +0.029%
$10.71
Slippage, 4 orders
−$186.16
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Binance: 5 bp × 2 orders
−$10
Net
−$190.42
Costs to cover
2.012%
Break-even
45345.9 days
Slippage from Extended: live order book, 42 min ago; Binance: live order book, 2 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 Extended live order book, 42 min ago5.54 bp55.9 bp −$56445.1 bp −$4,451doesn't fitdoesn't fit
Sell Binance live order book, 2 min ago5.13 bp47.8 bp −$48231.4 bp −$2,314doesn'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
Gate TRUTH_USDT+0.0100%4h0.01366+0.239%$428K$62K20xas long as short
KuCoin TRUTHUSDTM+0.0216%4h0.01365+0.144%$1.1M$50K10xas long as short
Aster TRUTHUSDT+0.0230%4h0.01360−0.253%$36K$7K5xas long as short
BloFin TRUTH-USDT+0.0286%4h0.01366+0.232%$196K$14K50xas long as short
Extended TRUTH-USDlong+0.0296%1h0.01363long leg$3K$180K5x
MEXC TRUTH_USDT+0.0296%4h0.01365+0.136%$11.9M$132K20xas long as short
Binance TRUTHUSDTshort+0.0296%4h0.01365+0.136%$4.3M$1.7M20x
Bybit TRUTHUSDT+0.0492%4h0.01367+0.320%$1.3M$460K20xas long as short
BingX TRUTH-USDT+0.0510%4h0.01366+0.232%$6.5Mas long as short
OKX TRUTH-USDT-SWAP+0.0566%4h0.01368+0.393%$190K$295K10xas long as short