Funding you earn now, next payment 04:00 UTC−0.0092%/8h= −10.1% APRnext payment −$0.46 per $10,000 · paid last 24h +0.041%
Price spread now: BingX against OKX−0.226%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$196as in the Funding arb table
Net, price: spread back to 7d avg − costs−$213as in the Price arb table
costs, in and out, $10k−$1941.940% of the position
Funding, last 7 days−0.019%−$2 on $10k
+Price spread, last 4 days (all we have)+0.215%+$21 · spread now −0.226%, 7d avg −0.040%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and BingX is 0.186% cheaper against OKX than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of −0.040%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX TRUTH-USDT-SWAP | 0.01369 | 0.1658 | pay 0.0829% / 4h | 30m 16s | $226K | $337K | 10x |
| Short | BingX TRUTH-USDT | 0.01366 | 0.1566 | get 0.0783% / 4h | 30m 16s | — | $6.5M | — |
OKX TRUTH-USDT-SWAP
BingX TRUTH-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$19.38
- Price spread: −0.226% → −0.040%
- −$18.6
- Slippage, 4 orders
- −$174.04
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$232.02
- Costs to cover
- 1.940%
- Break-even
- never at this rate
Slippage from OKX: live order book, 25 min ago; BingX: live order book, 5 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, 25 min ago | 4.78 bp | 56.4 bp −$56 | 1338.9 bp −$13.4K | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 min ago | 4.03 bp | 36.7 bp −$37 | 96.9 bp −$969 | 1005.3 bp −$100.5K | 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 | −0.124% | $1.3M | $421K | 20x | as long as short |
| Aster TRUTHUSDT | +0.0395% | 4h | 0.01362 | −0.511% | $36K | $6K | 5x | as long as short |
| Gate TRUTH_USDT | +0.0472% | 4h | 0.01360 | −0.636% | $423K | $53K | 20x | as long as short |
| BloFin TRUTH-USDT | +0.0528% | 4h | 0.01363 | −0.453% | $197K | $12K | 50x | as long as short |
| MEXC TRUTH_USDT | +0.0572% | 4h | 0.01364 | −0.373% | $11.9M | $132K | 20x | as long as short |
| Binance TRUTHUSDT | +0.0572% | 4h | 0.01364 | −0.345% | $4.4M | $1.6M | 20x | as long as short |
| Extended TRUTH-USD | +0.0576% | 1h | 0.01364 | −0.373% | $2K | $180K | 5x | as long as short |
| KuCoin TRUTHUSDTM | +0.1000% | 4h | 0.01364 | −0.387% | $1.0M | $49K | 10x | as long as short |
| BingX TRUTH-USDTshort | +0.1566% | 4h | 0.01366 | −0.226% | — | $6.5M | — | |
| OKX TRUTH-USDT-SWAPlong | +0.1658% | 4h | 0.01369 | long leg | $226K | $337K | 10x |
Bybit TRUTHUSDT
Aster TRUTHUSDT
Gate TRUTH_USDT
BloFin TRUTH-USDT
MEXC TRUTH_USDT
Binance TRUTHUSDT
Extended TRUTH-USD
KuCoin TRUTHUSDTM