Funding you earn now, next payment 04:00 UTC+0.0849%/8h= +93.0% APRnext payment +$4.24 per $10,000 · paid last 24h +0.154%
Price spread now: OKX against Gate+0.177%7-day average +0.332% · you sell dearer than you buy
Net, funding: paid 7d − costs−$615as in the Funding arb table
Net, price: spread back to 7d avg − costs−$619as in the Price arb table
costs, in and out, $10k−$6036.032% of the position
Funding, last 7 days−0.115%−$11 on $10k
+Price spread, last 4 days (all we have)+0.117%+$12 · spread now +0.177%, 7d avg +0.332%
=Funding pays, the price is against you. OKX is 0.156% cheaper against Gate than usual: you would sell low and buy high (spread +0.177% now, against its 7-day average of +0.332%). If the spread goes back, that is −$16 on $10k: about 15 hours of funding at the current rate (+$25 a day). Mind the row above: over the last 7 days funding on this pair cost −0.115%, 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 -0.115% in total (about -6.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.24 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 | 0.01357 | 0.0456 | pay 0.0228% / 4h | 2h 08m | $422K | $58K | 20x |
| Short | OKX TRUTH-USDT-SWAP | 0.01360 | 0.1305 | get 0.0652% / 4h | 2h 08m | $221K | $313K | 10x |
Gate TRUTH_USDT
OKX TRUTH-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $178.26
- Price spread: +0.177% → +0.332%
- −$15.56
- Slippage, 4 orders
- −$578.16
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$440.46
- Costs to cover
- 6.032%
- Break-even
- 24.3 days
Slippage from Gate: live order book, 57 min ago; OKX: live order book, 56 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, 57 min ago | 16.56 bp | 276.0 bp −$276 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 56 min ago | 7.33 bp | 68.2 bp −$68 | doesn't fit | doesn't fit | doesn't fit |
TRUTH on 9 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 | 0.01360 | +0.214% | $1.3M | $444K | 20x | as long as short |
| Gate TRUTH_USDTlong | +0.0456% | 4h | 0.01357 | long leg | $422K | $58K | 20x | |
| Aster TRUTHUSDT | +0.0635% | 4h | 0.01359 | +0.134% | $36K | $6K | 5x | as long as short |
| Extended TRUTH-USD | +0.0688% | 1h | 0.01357 | +0.012% | $856 | $183K | 5x | as long as short |
| Binance TRUTHUSDT | +0.0691% | 4h | 0.01358 | +0.037% | $4.4M | $1.6M | 20x | as long as short |
| MEXC TRUTH_USDT | +0.0702% | 4h | 0.01358 | +0.081% | $11.8M | $133K | 20x | as long as short |
| KuCoin TRUTHUSDTM | +0.1086% | 4h | 0.01357 | 0.000% | $1.0M | $53K | 10x | as long as short |
| BingX TRUTH-USDT | +0.1192% | 4h | 0.01360 | +0.169% | — | $6.5M | — | as long as short |
| OKX TRUTH-USDT-SWAPshort | +0.1305% | 4h | 0.01360 | +0.177% | $221K | $313K | 10x |
Bybit TRUTHUSDT
Aster TRUTHUSDT
Extended TRUTH-USD
Binance TRUTHUSDT
MEXC TRUTH_USDT
KuCoin TRUTHUSDTM
BingX TRUTH-USDT