TRUTH

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.1018%/8h= +111.5% APRnext payment +$5.09 per $10,000 · paid last 24h +0.156%

Price spread now: BingX against KuCoin+0.140%7-day average +0.253% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,743as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,787as in the Price arb table

costs, in and out, $10k−$1,77517.755% of the position

Long on KuCoin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.329%+$33 on $10k

Price spread, last 7 days−0.034%−$3 · spread now +0.140%, 7d avg +0.253%

Together, before fees+0.295%+$30 on $10k · with fees, hour by hour

Funding pays, the price is against you. BingX is 0.113% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.140% now, against its 7-day average of +0.253%). If the spread goes back, that is −$11 on $10k: about 9 hours of funding at the current rate (+$31 a day). At the pace of the last 7 days (+0.329% in total) that is about 2.4 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.329% in total (about 17.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.09 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	0.0606	pay 0.0303% / 4h	3h 11m	$1.0M	$50K	10x
Short	BingX TRUTH-USDT	0.01363	0.1624	get 0.0812% / 4h	3h 11m	—	$6.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now +0.140%Rate

Funding earned: $213.78
Price spread: +0.140% → +0.253%: −$11.32
Slippage, 4 orders: −$1,753.49
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$1,573.03
Costs to cover: 17.755%
Break-even: 58.5 days

Slippage from KuCoin: live order book, 4 min ago; BingX: live order book, 9 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, 4 min ago	19.47 bp	949.7 bp −$950	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 9 min ago	6.24 bp	29.2 bp −$29	84.6 bp −$846	994.2 bp −$99.4K	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	+0.0174%	4h	0.01363	+0.147%	$1.3M	$425K	20x	as long as short
Gate TRUTH_USDT	+0.0360%	4h	0.01360	−0.110%	$423K	$53K	20x	as long as short
Aster TRUTHUSDT	+0.0492%	4h	0.01361	−0.024%	$36K	$6K	5x	as long as short
KuCoin TRUTHUSDTMlong	+0.0606%	4h	0.01361	long leg	$1.0M	$50K	10x
Extended TRUTH-USD	+0.0952%	1h	0.01361	−0.036%	$2K	$180K	5x	as long as short
MEXC TRUTH_USDT	+0.0952%	4h	0.01361	0.000%	$11.9M	$134K	20x	as long as short
Binance TRUTHUSDT	+0.0954%	4h	0.01361	−0.007%	$4.4M	$1.5M	20x	as long as short
BloFin TRUTH-USDT	+0.0976%	4h	0.01362	+0.044%	$197K	$12K	50x	as long as short
BingX TRUTH-USDTshort	+0.1624%	4h	0.01363	+0.140%	—	$6.5M	—
OKX TRUTH-USDT-SWAP	+0.1706%	4h	0.01368	+0.477%	$227K	$336K	10x	as long as short