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+0.0016%/8h= +1.8% APRpaid last 24h +0.159%
Price spread now: Extended against Gate+0.125%7-day average +0.189% · you sell dearer than you buy
Net, funding: paid 7d − costs−$625as in the Funding arb table
Net, price: spread back to 7d avg − costs−$580as in the Price arb table
costs, in and out, $10k−$5745.737% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.511%−$51 on $10k
Price spread, last 4 days (all we have)+0.092%+$9 · spread now +0.125%, 7d avg +0.189%
Together, before fees−0.419%+ Points / potential airdropExtended: Active · farm board−$42 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.064% cheaper against Gate than usual: you would sell low and buy high (spread +0.125% now, against its 7-day average of +0.189%). If the spread goes back, that is −$6 on $10k: about 13 days of funding at the current rate ($0 a day). Mind the row above: over the last 7 days funding on this pair cost −0.511%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate TRUTH_USDT0.013650.0808pay 0.0404% / 4h24m 22s$425K$51K20x
ShortExtended TRUTH-USD0.013660.0824get 0.0103% / 1h24m 22s$4K$215K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$3.36
Price spread: +0.125% → +0.189%
−$6.35
Slippage, 4 orders
−$553.7
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$576.69
Costs to cover
5.737%
Break-even
1208.4 days
Slippage from Gate: live order book, 11 min ago; Extended: live order book, 12 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, 11 min ago15.01 bp283.2 bp −$283doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 12 min ago6.59 bp64.3 bp −$64doesn'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
KuCoin TRUTHUSDTM+0.0100%4h0.01364−0.073%$1.0M$52K10xas long as short
Bybit TRUTHUSDT+0.0628%4h0.01370+0.366%$1.3M$415K20xas long as short
Aster TRUTHUSDT+0.0672%4h0.01365−0.012%$36K$5K5xas long as short
Gate TRUTH_USDTlong+0.0808%4h0.01365long leg$425K$51K20x
Extended TRUTH-USDshort+0.0824%1h0.01366+0.125%$4K$215K5x
MEXC TRUTH_USDT+0.0826%4h0.01366+0.117%$11.9M$135K20xas long as short
Binance TRUTHUSDT+0.0827%4h0.01367+0.152%$4.5M$1.6M20xas long as short
BloFin TRUTH-USDT+0.0833%4h0.01365+0.022%$200K$12K50xas long as short
BingX TRUTH-USDT+0.2084%4h0.01368+0.271%$6.5Mas long as short
OKX TRUTH-USDT-SWAP+0.2215%4h0.01369+0.344%$235K$354K10xas long as short