TRUTH

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0248%/8h= +27.1% APRnext payment +$1.24 per $10,000 · paid last 24h +0.148%

Price spread now: Bybit against Gate+0.310%7-day average +0.348% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,303as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,291as in the Price arb table

costs, in and out, $10k−$1,28812.877% of the position

Long on Gate Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.155%−$16 on $10k

Price spread, last 4 days (all we have)+0.003%$0 · spread now +0.310%, 7d avg +0.348%

Together, before fees−0.152%−$15 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bybit is 0.038% cheaper against Gate than usual: you would sell low and buy high (spread +0.310% now, against its 7-day average of +0.348%). If the spread goes back, that is −$4 on $10k: about 12 hours of funding at the current rate (+$7 a day). Mind the row above: over the last 7 days funding on this pair cost −0.155%, 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 -0.155% in total (about -8.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.24 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	0.01354	0.0100	pay 0.0050% / 4h	1h 02m	$424K	$63K	20x
Short	Bybit TRUTHUSDT	0.01358	0.0348	get 0.0174% / 4h	1h 02m	$1.3M	$454K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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

Position, each leg$Hold fordaysFee GatebpFee BybitbpOrdersPrice spread, now +0.310%Rate

Funding earned: $52.03
Price spread: +0.310% → +0.348%: −$3.77
Slippage, 4 orders: −$1,261.72
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$1,239.47
Costs to cover: 12.877%
Break-even: 173.8 days

Slippage from Gate: live order book, 13 min ago; Bybit: live order book, 8 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, 13 min ago	9.23 bp	327.1 bp −$327	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 8 min ago	5.89 bp	241.7 bp −$242	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
Gate TRUTH_USDTlong	+0.0100%	4h	0.01354	long leg	$424K	$63K	20x
KuCoin TRUTHUSDTM	+0.0100%	4h	0.01354	−0.015%	$1.1M	$50K	10x	as long as short
Aster TRUTHUSDT	+0.0247%	4h	0.01356	+0.115%	$36K	$7K	5x	as long as short
Binance TRUTHUSDT	+0.0284%	4h	0.01356	+0.147%	$4.3M	$1.6M	20x	as long as short
MEXC TRUTH_USDT	+0.0292%	4h	0.01355	+0.089%	$11.8M	$134K	20x	as long as short
Extended TRUTH-USD	+0.0296%	1h	0.01355	+0.046%	$3K	$180K	5x	as long as short
BloFin TRUTH-USDT	+0.0305%	4h	0.01357	+0.192%	$196K	$13K	50x	as long as short
Bybit TRUTHUSDTshort	+0.0348%	4h	0.01358	+0.310%	$1.3M	$454K	20x
BingX TRUTH-USDT	+0.0448%	4h	0.01357	+0.199%	—	$6.5M	—	as long as short
OKX TRUTH-USDT-SWAP	+0.0462%	4h	0.01357	+0.236%	$185K	$283K	10x	as long as short