Funding you earn now, next payment 06:00 UTC−0.0796%/8h= −87.2% APRpaid last 24h −0.016%
Price spread now: Bybit against Extended+0.115%7-day average +0.152% · you sell dearer than you buy
Net, funding: paid 7d − costs−$576as in the Funding arb table
Net, price: spread back to 7d avg − costs−$616as in the Price arb table
costs, in and out, $10k−$6126.119% of the position
Funding, last 7 days+0.356%+$36 on $10k
+Price spread, last 4 days (all we have)+0.019%+$2 · spread now +0.115%, 7d avg +0.152%
=Together, before fees+0.375%+ Points / potential airdropExtended: Active · farm board+$38 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and Bybit is 0.037% cheaper against Extended than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.152%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.356%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.356% in total (about 18.6% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended TRUTH-USD | 0.01365 | 0.0896 | pay 0.0112% / 1h | 31m 54s | $2K | $262K | 5x |
| Short | Bybit TRUTHUSDT | 0.01366 | 0.0100 | get 0.0050% / 4h | 2h 31m | $1.3M | $428K | 20x |
Extended TRUTH-USD
Bybit TRUTHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Extended. 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
- −$167.16
- Price spread: +0.115% → +0.152%
- −$3.67
- Slippage, 4 orders
- −$595.88
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$782.7
- Costs to cover
- 6.119%
- Break-even
- never at this rate
Slippage from Extended: live order book, 15 min ago; Bybit: live order book, 9 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 Extended live order book, 15 min ago | 5.85 bp | 63.7 bp −$64 | 456.8 bp −$4,568 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 9 min ago | 5.84 bp | 220.5 bp −$221 | 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 TRUTHUSDTshort | +0.0100% | 4h | 0.01366 | +0.115% | $1.3M | $428K | 20x | |
| KuCoin TRUTHUSDTM | +0.0284% | 4h | 0.01362 | −0.178% | $1.0M | $50K | 10x | as long as short |
| Gate TRUTH_USDT | +0.0442% | 4h | 0.01364 | −0.039% | $425K | $52K | 20x | as long as short |
| Aster TRUTHUSDT | +0.0498% | 4h | 0.01365 | +0.060% | $36K | $6K | 5x | as long as short |
| BloFin TRUTH-USDT | +0.0853% | 4h | 0.01367 | +0.181% | $199K | $12K | 50x | as long as short |
| Binance TRUTHUSDT | +0.0893% | 4h | 0.01364 | −0.017% | $4.4M | $1.6M | 20x | as long as short |
| Extended TRUTH-USDlong | +0.0896% | 1h | 0.01365 | long leg | $2K | $262K | 5x | |
| MEXC TRUTH_USDT | +0.0902% | 4h | 0.01365 | +0.005% | $11.9M | $133K | 20x | as long as short |
| BingX TRUTH-USDT | +0.1704% | 4h | 0.01367 | +0.181% | — | $6.5M | — | as long as short |
| OKX TRUTH-USDT-SWAP | +0.1783% | 4h | 0.01367 | +0.218% | $226K | $332K | 10x | as long as short |
KuCoin TRUTHUSDTM
Gate TRUTH_USDT
Aster TRUTHUSDT
BloFin TRUTH-USDT
Binance TRUTHUSDT
MEXC TRUTH_USDT
BingX TRUTH-USDT
OKX TRUTH-USDT-SWAP