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

TRUTH

all TRUTH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.00 per $10,000 · paid last 24h +0.165%
Price spread now: Binance against Gate+0.004%7-day average +0.219% · you sell dearer than you buy
Net, funding: paid 7d − costs−$655as in the Funding arb table
Net, price: spread back to 7d avg − costs−$628as in the Price arb table
costs, in and out, $10k−$6066.060% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.488%−$49 on $10k
Price spread, last 4 days (all we have)+0.243%+$24 · spread now +0.004%, 7d avg +0.219%
Together, before fees−0.245%−$24 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 0.216% cheaper against Gate than usual: you would sell low and buy high, −$22 on $10k if it goes back to its 7-day average of +0.219%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate TRUTH_USDT0.013670.0868pay 0.0434% / 4h43m 39s$425K$51K20x
ShortBinance TRUTHUSDT0.013670.0869get 0.0434% / 4h43m 39s$4.5M$1.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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
$0.2
Price spread: +0.004% → +0.219%
−$21.55
Slippage, 4 orders
−$580.97
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Binance: 5 bp × 2 orders
−$10
Net
−$627.32
Costs to cover
6.060%
Break-even
21789.1 days
Slippage from Gate: live order book, 57 min ago; Binance: live order book, 8 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 Gate live order book, 57 min ago12.79 bp397.4 bp −$397doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 8 min ago4.39 bp20.9 bp −$21110.0 bp −$1,100doesn'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
KuCoin TRUTHUSDTM+0.0100%4h0.01366−0.110%$1.0M$52K10xas long as short
Bybit TRUTHUSDT+0.0616%4h0.01370+0.219%$1.3M$417K20xas long as short
Aster TRUTHUSDT+0.0743%4h0.01366−0.071%$36K$5K5xas long as short
Gate TRUTH_USDTlong+0.0868%4h0.01367long leg$425K$51K20x
Binance TRUTHUSDTshort+0.0869%4h0.01367+0.004%$4.5M$1.6M20x
Extended TRUTH-USD+0.0872%1h0.01367−0.005%$4K$181K5xas long as short
MEXC TRUTH_USDT+0.0874%4h0.01367−0.015%$11.9M$134K20xas long as short
BloFin TRUTH-USDT+0.0875%4h0.01368+0.051%$199K$12K50xas long as short
BingX TRUTH-USDT+0.1960%4h0.01370+0.190%$6.5Mas long as short
OKX TRUTH-USDT-SWAP+0.2074%4h0.01373+0.410%$235K$352K10xas long as short