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

TRUTH

all TRUTH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0255%/8h= +28.0% APRpaid last 24h +0.033%
Price spread now: OKX against Extended+0.335%7-day average +0.135% · you sell dearer than you buy
Net, funding: paid 7d − costs−$206as in the Funding arb table
Net, price: spread back to 7d avg − costs−$225as in the Price arb table
costs, in and out, $10k−$2452.449% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.387%+$39 on $10k
Price spread, last 4 days (all we have)−0.232%−$23 · spread now +0.335%, 7d avg +0.135%
Together, before fees+0.155%+ Points / potential airdropExtended: Active · farm board+$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and OKX is 0.201% dearer against Extended than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of +0.135%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended TRUTH-USD0.013600.0320pay 0.0040% / 1h27m 50s$3K$180K5x
ShortOKX TRUTH-USDT-SWAP0.013640.0575get 0.0288% / 4h27m 50s$190K$291K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$53.64
Price spread: +0.335% → +0.135%
$20.06
Slippage, 4 orders
−$229.94
Fee Extended: 2.5 bp × 2 orders
−$5
Fee OKX: 5 bp × 2 orders
−$10
Net
−$171.24
Costs to cover
2.449%
Break-even
29.3 days
Slippage from Extended: live order book, 48 min ago; OKX: live order book, 47 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, 48 min ago5.54 bp55.9 bp −$56445.1 bp −$4,451doesn't fitdoesn't fit
Sell OKX live order book, 47 min ago4.05 bp67.9 bp −$68doesn'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
Gate TRUTH_USDT+0.0100%4h0.01361+0.070%$425K$62K20xas long as short
Aster TRUTHUSDT+0.0224%4h0.01357−0.189%$36K$7K5xas long as short
BloFin TRUTH-USDT+0.0261%4h0.01361+0.078%$196K$13K50xas long as short
KuCoin TRUTHUSDTM+0.0294%4h0.01361+0.093%$1.1M$50K10xas long as short
MEXC TRUTH_USDT+0.0318%4h0.01361+0.063%$11.8M$133K20xas long as short
Extended TRUTH-USDlong+0.0320%1h0.01360long leg$3K$180K5x
Binance TRUTHUSDT+0.0323%4h0.01360+0.019%$4.3M$1.7M20xas long as short
Bybit TRUTHUSDT+0.0522%4h0.01363+0.254%$1.3M$463K20xas long as short
BingX TRUTH-USDT+0.0532%4h0.01362+0.188%$6.5Mas long as short
OKX TRUTH-USDT-SWAPshort+0.0575%4h0.01364+0.335%$190K$291K10x