Settings8H · net · $10k
Funding arb · Price arb /

TRUTH

all TRUTH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0368%/8h= +40.3% APRnext payment +$1.84 per $10,000 · paid last 24h −0.040%
Price spread now: KuCoin against MEXC−0.059%7-day average −0.187% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,690as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,680as in the Price arb table
costs, in and out, $10k−$1,69316.925% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.022%+$2 on $10k
Price spread, last 7 days+0.039%+$4 · spread now −0.059%, 7d avg −0.187%
Together, before fees+0.062%+$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and KuCoin is 0.128% dearer against MEXC than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.187%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.022% in total (about 1.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.84 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC TRUTH_USDT0.013580.0518pay 0.0259% / 4h44m 34s$11.8M$131K20x
ShortKuCoin TRUTHUSDTM0.013570.0886get 0.0443% / 4h44m 34s$1.0M$49K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against MEXC. 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
$77.28
Price spread: −0.059% → −0.187%
$12.8
Slippage, 4 orders
−$1,676.52
Fee MEXC: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,602.44
Costs to cover
16.925%
Break-even
152.1 days
Slippage from MEXC: live order book, 4 min ago; KuCoin: live order book, 5 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 MEXC live order book, 4 min ago2.21 bp22.2 bp −$2278.6 bp −$786257.9 bp −$25.8Kdoesn't fit
Sell KuCoin live order book, 5 min ago18.78 bp576.7 bp −$577doesn'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
Bybit TRUTHUSDT+0.0100%4h0.01358+0.044%$1.3M$419K20xas long as short
Aster TRUTHUSDT+0.0362%4h0.01358−0.029%$36K$6K5xas long as short
Gate TRUTH_USDT+0.0452%4h0.01354−0.309%$421K$52K20xas long as short
Binance TRUTHUSDT+0.0513%4h0.01358+0.043%$4.4M$1.6M20xas long as short
BloFin TRUTH-USDT+0.0518%4h0.01359+0.066%$198K$12K50xas long as short
MEXC TRUTH_USDTlong+0.0518%4h0.01358long leg$11.8M$131K20x
Extended TRUTH-USD+0.0520%1h0.01358−0.022%$3K$181K5xas long as short
KuCoin TRUTHUSDTMshort+0.0886%4h0.01357−0.059%$1.0M$49K10x
BingX TRUTH-USDT+0.1422%4h0.01360+0.169%$6.5Mas long as short
OKX TRUTH-USDT-SWAP+0.1511%4h0.01361+0.236%$225K$336K10xas long as short