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 05:00 UTC+0.0760%/8h= +83.2% APRpaid last 24h +0.097%
Price spread now: BingX against Extended+0.168%7-day average +0.097% · you sell dearer than you buy
Net, funding: paid 7d − costs−$153as in the Funding arb table
Net, price: spread back to 7d avg − costs−$190as in the Price arb table
costs, in and out, $10k−$1971.966% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.434%+$43 on $10k
Price spread, last 4 days (all we have)−0.092%−$9 · spread now +0.168%, 7d avg +0.097%
Together, before fees+0.342%+ Points / potential airdropExtended: Active · farm board+$34 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and BingX is 0.071% dearer against Extended than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.097%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.434% in total (about 22.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended TRUTH-USD0.013590.0816pay 0.0102% / 1h32m 53s$2K$180K5x
ShortBingX TRUTH-USDT0.013610.1576get 0.0788% / 4h3h 32m$6.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$159.6
Price spread: +0.168% → +0.097%
$7.08
Slippage, 4 orders
−$181.64
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BingX: 5 bp × 2 orders
−$10
Net
−$29.96
Costs to cover
1.966%
Break-even
8.3 days
Slippage from Extended: live order book, 18 min ago; BingX: live order book, 3 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, 18 min ago5.89 bp70.5 bp −$71473.1 bp −$4,731doesn't fitdoesn't fit
Sell BingX live order book, 3 min ago5.14 bp23.0 bp −$2385.9 bp −$8591000.7 bp −$100.1Kdoesn'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 TRUTHUSDT+0.0100%4h0.01361+0.153%$1.3M$426K20xas long as short
Aster TRUTHUSDT+0.0359%4h0.01358−0.073%$36K$6K5xas long as short
Gate TRUTH_USDT+0.0444%4h0.01357−0.112%$423K$52K20xas long as short
KuCoin TRUTHUSDTM+0.0772%4h0.01358−0.067%$1.0M$50K10xas long as short
BloFin TRUTH-USDT+0.0788%4h0.01358−0.038%$197K$12K50xas long as short
MEXC TRUTH_USDT+0.0798%4h0.01359+0.043%$11.8M$133K20xas long as short
Binance TRUTHUSDT+0.0813%4h0.01359+0.028%$4.4M$1.5M20xas long as short
Extended TRUTH-USDlong+0.0816%1h0.01359long leg$2K$180K5x
BingX TRUTH-USDTshort+0.1576%4h0.01361+0.168%$6.5M
OKX TRUTH-USDT-SWAP+0.1671%4h0.01363+0.323%$225K$335K10xas long as short