Funding you earn now, next payment 08:00 UTC+0.1254%/8h= +137.3% APRnext payment +$6.27 per $10,000 · paid last 24h +0.243%
Price spread now: BingX against Gate+0.162%7-day average +0.291% · you sell dearer than you buy
Net, funding: paid 7d − costs−$677as in the Funding arb table
Net, price: spread back to 7d avg − costs−$680as in the Price arb table
costs, in and out, $10k−$6676.672% of the position
Funding, last 7 days−0.097%−$10 on $10k
+Price spread, last 4 days (all we have)+0.085%+$9 · spread now +0.162%, 7d avg +0.291%
=Funding pays, the price is against you. BingX is 0.129% cheaper against Gate than usual: you would sell low and buy high (spread +0.162% now, against its 7-day average of +0.291%). If the spread goes back, that is −$13 on $10k: about 8 hours of funding at the current rate (+$38 a day). Mind the row above: over the last 7 days funding on this pair cost −0.097%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.097% in total (about -5.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.27 per $10,000. 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 | Gate TRUTH_USDT | 0.01361 | 0.0370 | pay 0.0185% / 4h | 3h 08m | $424K | $53K | 20x |
| Short | BingX TRUTH-USDT | 0.01363 | 0.1624 | get 0.0812% / 4h | 3h 08m | — | $6.5M | — |
Gate TRUTH_USDT
BingX TRUTH-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Gate. 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
- $263.34
- Price spread: +0.162% → +0.291%
- −$12.93
- Slippage, 4 orders
- −$642.17
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$416.76
- Costs to cover
- 6.672%
- Break-even
- 18.1 days
Slippage from Gate: live order book, 42 min ago; BingX: live order book, 11 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 Gate live order book, 42 min ago | 12.16 bp | 267.7 bp −$268 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 11 min ago | 6.24 bp | 29.2 bp −$29 | 84.6 bp −$846 | 994.2 bp −$99.4K | 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 TRUTHUSDT | +0.0100% | 4h | 0.01363 | +0.169% | $1.3M | $425K | 20x | as long as short |
| Gate TRUTH_USDTlong | +0.0370% | 4h | 0.01361 | long leg | $424K | $53K | 20x | |
| Aster TRUTHUSDT | +0.0479% | 4h | 0.01360 | −0.027% | $36K | $6K | 5x | as long as short |
| KuCoin TRUTHUSDTM | +0.0586% | 4h | 0.01361 | +0.029% | $1.0M | $50K | 10x | as long as short |
| BloFin TRUTH-USDT | +0.0927% | 4h | 0.01362 | +0.096% | $196K | $12K | 50x | as long as short |
| Extended TRUTH-USD | +0.0936% | 1h | 0.01360 | −0.028% | $1K | $183K | 5x | as long as short |
| Binance TRUTHUSDT | +0.0938% | 4h | 0.01361 | 0.000% | $4.4M | $1.5M | 20x | as long as short |
| MEXC TRUTH_USDT | +0.0946% | 4h | 0.01361 | +0.051% | $11.9M | $134K | 20x | as long as short |
| BingX TRUTH-USDTshort | +0.1624% | 4h | 0.01363 | +0.162% | — | $6.5M | — | |
| OKX TRUTH-USDT-SWAP | +0.1715% | 4h | 0.01368 | +0.529% | $227K | $336K | 10x | as long as short |
Bybit TRUTHUSDT
Aster TRUTHUSDT
KuCoin TRUTHUSDTM
BloFin TRUTH-USDT
Extended TRUTH-USD
Binance TRUTHUSDT
MEXC TRUTH_USDT
OKX TRUTH-USDT-SWAP