Funding you earn now, next payment 04:00 UTC−0.1543%/8h= −168.9% APRnext payment −$7.71 per $10,000 · paid last 24h +0.148%
Price spread now: BloFin against Gate+0.154%7-day average +0.240% · you sell dearer than you buy
Net, funding: paid 7d − costs−$702as in the Funding arb table
Net, price: spread back to 7d avg − costs−$664as in the Price arb table
costs, in and out, $10k−$6556.549% of the position
Funding, last 7 days−0.470%−$47 on $10k
+Price spread, last 3 days (all we have)+0.151%+$15 · spread now +0.154%, 7d avg +0.240%
=Both sides work against this trade now: funding costs −$46 a day on $10k at the current rate, and BloFin is 0.087% cheaper against Gate than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.240%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.470% in total (about -24.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$7.71 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 | 0.01367 | 0.2108 | pay 0.1054% / 4h | 3h 43m | $428K | $58K | 20x |
| Short | BloFin TRUTH-USDT | 0.01369 | 0.0565 | get 0.0283% / 4h | 3h 43m | $196K | $13K | 50x |
Gate TRUTH_USDT
BloFin TRUTH-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$323.98
- Price spread: +0.154% → +0.240%
- −$8.67
- Slippage, 4 orders
- −$627.89
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$987.55
- Costs to cover
- 6.549%
- Break-even
- never at this rate
Slippage from Gate: live order book, 27 min ago; BloFin: live order book, 22 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, 27 min ago | 11.81 bp | 243.7 bp −$244 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 22 min ago | 0.37 bp | 31.2 bp −$31 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster TRUTHUSDT | +0.0274% | 4h | 0.01363 | −0.277% | $36K | $6K | 5x | as long as short |
| Extended TRUTH-USD | +0.0504% | 1h | 0.01372 | +0.362% | $861 | $178K | 5x | as long as short |
| MEXC TRUTH_USDT | +0.0506% | 4h | 0.01372 | +0.373% | $12.0M | $132K | 20x | as long as short |
| Binance TRUTHUSDT | +0.0507% | 4h | 0.01372 | +0.381% | $4.4M | $1.6M | 20x | as long as short |
| BloFin TRUTH-USDTshort | +0.0565% | 4h | 0.01369 | +0.154% | $196K | $13K | 50x | |
| KuCoin TRUTHUSDTM | +0.0668% | 4h | 0.01367 | +0.029% | $1.1M | $46K | 10x | as long as short |
| BingX TRUTH-USDT | +0.0786% | 4h | 0.01372 | +0.388% | — | $6.5M | — | as long as short |
| OKX TRUTH-USDT-SWAP | +0.0945% | 4h | 0.01374 | +0.505% | $199K | $297K | 10x | as long as short |
| Bybit TRUTHUSDT | +0.1572% | 4h | 0.01373 | +0.446% | $1.3M | $458K | 20x | as long as short |
| Gate TRUTH_USDTlong | +0.2108% | 4h | 0.01367 | long leg | $428K | $58K | 20x |
Aster TRUTHUSDT
Extended TRUTH-USD
MEXC TRUTH_USDT
Binance TRUTHUSDT
KuCoin TRUTHUSDTM
BingX TRUTH-USDT
OKX TRUTH-USDT-SWAP
Bybit TRUTHUSDT