TRUTH

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0614%/8h= +67.2% APRnext payment +$3.07 per $10,000 · paid last 24h +0.078%

Price spread now: Binance against KuCoin+0.262%7-day average +0.193% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,488as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,475as in the Price arb table

costs, in and out, $10k−$1,48214.823% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.062%−$6 on $10k

Price spread, last 7 days−0.230%−$23 · spread now +0.262%, 7d avg +0.193%

Together, before fees−0.291%−$29 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Binance is 0.069% dearer against KuCoin than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.193%. Mind the row above: over the last 7 days funding on this pair cost −0.062%, 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 -0.062% in total (about -3.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.07 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	KuCoin TRUTHUSDTM	0.01361	0.0224	pay 0.0112% / 4h	2h 21m	$1.0M	$50K	10x
Short	Binance TRUTHUSDT	0.01365	0.0838	get 0.0419% / 4h	2h 21m	$4.4M	$1.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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 KuCoinbpFee BinancebpOrdersPrice spread, now +0.262%Rate

Funding earned: $128.91
Price spread: +0.262% → +0.193%: $6.92
Slippage, 4 orders: −$1,460.25
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$1,346.42
Costs to cover: 14.823%
Break-even: 80.1 days

Slippage from KuCoin: live order book, 3 min ago; Binance: live order book, 15 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 KuCoin live order book, 3 min ago	20.88 bp	758.6 bp −$759	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 15 min ago	1.83 bp	27.1 bp −$27	139.5 bp −$1,395	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
Bybit TRUTHUSDT	+0.0100%	4h	0.01367	+0.404%	$1.3M	$428K	20x	as long as short
KuCoin TRUTHUSDTMlong	+0.0224%	4h	0.01361	long leg	$1.0M	$50K	10x
Aster TRUTHUSDT	+0.0478%	4h	0.01365	+0.307%	$36K	$6K	5x	as long as short
Gate TRUTH_USDT	+0.0518%	4h	0.01365	+0.264%	$425K	$52K	20x	as long as short
Binance TRUTHUSDTshort	+0.0838%	4h	0.01365	+0.262%	$4.4M	$1.6M	20x
MEXC TRUTH_USDT	+0.0852%	4h	0.01364	+0.235%	$11.9M	$133K	20x	as long as short
Extended TRUTH-USD	+0.0856%	1h	0.01365	+0.252%	$2K	$262K	5x	as long as short
BloFin TRUTH-USDT	+0.0924%	4h	0.01367	+0.419%	$198K	$12K	50x	as long as short
BingX TRUTH-USDT	+0.1702%	4h	0.01367	+0.411%	—	$6.5M	—	as long as short
OKX TRUTH-USDT-SWAP	+0.1767%	4h	0.01367	+0.463%	$226K	$332K	10x	as long as short