Funding you earn now, next payment 00:00 UTC+0.0018%/8h= +1.9% APRnext payment +$0.09 per $10,000 · paid last 24h −0.019%
Price spread now: Binance against OKX−0.242%7-day average −0.105% · you buy dearer than you sell
Net, funding: paid 7d − costs−$258as in the Funding arb table
Net, price: spread back to 7d avg − costs−$238as in the Price arb table
costs, in and out, $10k−$2242.239% of the position
Funding, last 7 days−0.339%−$34 on $10k
+Price spread, last 4 days (all we have)+0.116%+$12 · spread now −0.242%, 7d avg −0.105%
=Funding pays, the price is against you. Binance is 0.137% cheaper against OKX than usual: you would sell low and buy high (spread −0.242% now, against its 7-day average of −0.105%). If the spread goes back, that is −$14 on $10k: about 26 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.339%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX TRUTH-USDT-SWAP | 0.01362 | 0.0547 | pay 0.0274% / 4h | 1h 51m | $185K | $285K | 10x |
| Short | Binance TRUTHUSDT | 0.01358 | 0.0565 | get 0.0283% / 4h | 1h 51m | $4.3M | $1.6M | 20x |
OKX TRUTH-USDT-SWAP
Binance TRUTHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. 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
- $3.71
- Price spread: −0.242% → −0.105%
- −$13.72
- Slippage, 4 orders
- −$203.85
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$233.86
- Costs to cover
- 2.239%
- Break-even
- 448.1 days
Slippage from OKX: live order book, 29 min ago; Binance: live order book, 16 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 OKX live order book, 29 min ago | 3.67 bp | 67.5 bp −$67 | 1875.8 bp −$18.8K | doesn't fit | doesn't fit |
| Sell Binance live order book, 16 min ago | 6.25 bp | 44.7 bp −$45 | 204.7 bp −$2,047 | 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 | 0.01355 | −0.492% | $423K | $63K | 20x | as long as short |
| KuCoin TRUTHUSDTM | +0.0100% | 4h | 0.01357 | −0.338% | $1.1M | $51K | 10x | as long as short |
| BloFin TRUTH-USDT | +0.0535% | 4h | 0.01360 | −0.162% | $197K | $13K | 50x | as long as short |
| OKX TRUTH-USDT-SWAPlong | +0.0547% | 4h | 0.01362 | long leg | $185K | $285K | 10x | |
| Binance TRUTHUSDTshort | +0.0565% | 4h | 0.01358 | −0.242% | $4.3M | $1.6M | 20x | |
| Extended TRUTH-USD | +0.0568% | 1h | 0.01358 | −0.279% | $3K | $180K | 5x | as long as short |
| MEXC TRUTH_USDT | +0.0574% | 4h | 0.01359 | −0.228% | $11.8M | $131K | 20x | as long as short |
| Aster TRUTHUSDT | +0.0578% | 4h | 0.01359 | −0.223% | $36K | $7K | 5x | as long as short |
| BingX TRUTH-USDT | +0.0592% | 4h | 0.01360 | −0.162% | — | $6.5M | — | as long as short |
| Bybit TRUTHUSDT | +0.0602% | 4h | 0.01360 | −0.103% | $1.3M | $453K | 20x | as long as short |
Gate TRUTH_USDT
KuCoin TRUTHUSDTM
BloFin TRUTH-USDT
Extended TRUTH-USD
MEXC TRUTH_USDT
Aster TRUTHUSDT
BingX TRUTH-USDT
Bybit TRUTHUSDT