TRUTH

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0434%/8h= +47.5% APRnext payment +$2.17 per $10,000 · paid last 24h +0.063%

Price spread now: BloFin against KuCoin+0.510%7-day average +0.191% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,710as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,678as in the Price arb table

costs, in and out, $10k−$1,70917.094% of the position

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.007%−$1 on $10k

Price spread, last 3 days (all we have)−0.288%−$29 · spread now +0.510%, 7d avg +0.191%

Together, before fees−0.295%−$29 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and BloFin is 0.319% dearer against KuCoin than usual: you sell high and buy low: +$32 more if the spread goes back to its 7-day average of +0.191%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.007% in total (about -0.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.17 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	0.01352	0.0100	pay 0.0050% / 4h	1h 30m	$1.1M	$52K	10x
Short	BloFin TRUTH-USDT	0.01359	0.0534	get 0.0267% / 4h	1h 30m	$197K	$13K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.510%Rate

Funding earned: $91.1
Price spread: +0.510% → +0.191%: $31.89
Slippage, 4 orders: −$1,685.44
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$1,586.45
Costs to cover: 17.094%
Break-even: 128.9 days

Slippage from KuCoin: live order book, 4 min ago; BloFin: live order book, 44 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	15.48 bp	1006.0 bp −$1,006	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 44 min ago	12.52 bp	37.0 bp −$37	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_USDT	+0.0100%	4h	0.01353	+0.089%	$423K	$63K	20x	as long as short
KuCoin TRUTHUSDTMlong	+0.0100%	4h	0.01352	long leg	$1.1M	$52K	10x
Aster TRUTHUSDT	+0.0465%	4h	0.01356	+0.313%	$36K	$7K	5x	as long as short
Binance TRUTHUSDT	+0.0483%	4h	0.01357	+0.363%	$4.3M	$1.6M	20x	as long as short
MEXC TRUTH_USDT	+0.0494%	4h	0.01357	+0.355%	$11.8M	$132K	20x	as long as short
Extended TRUTH-USD	+0.0496%	1h	0.01357	+0.356%	$3K	$180K	5x	as long as short
Bybit TRUTHUSDT	+0.0506%	4h	0.01359	+0.503%	$1.3M	$457K	20x	as long as short
OKX TRUTH-USDT-SWAP	+0.0519%	4h	0.01357	+0.392%	$185K	$284K	10x	as long as short
BingX TRUTH-USDT	+0.0530%	4h	0.01357	+0.385%	—	$6.5M	—	as long as short
BloFin TRUTH-USDTshort	+0.0534%	4h	0.01359	+0.510%	$197K	$13K	50x