TRUTH

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0036%/8h= −3.9% APRnext payment −$0.18 per $10,000 · paid last 24h −0.020%

Price spread now: BloFin against OKX+0.052%83s7-day average −0.097% · you sell dearer than you buy

Net, funding: paid 7d − costs−$248as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$2152.146% of the position

Long on OKX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.336%−$34 on $10k

Price spread, last 3 days (all we have)−0.161%−$16 · spread now +0.052%, 7d avg −0.097%

Together, before fees−0.497%−$50 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.148% dearer against OKX than usual: you sell high and buy low (spread +0.052% now, against its 7-day average of −0.097%): +$15 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 14 days. At the pace of the last 7 days (−0.336% in total) that is about 3.1 days. The two prices were read 83 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX TRUTH-USDT-SWAP	0.01357	0.0483	pay 0.0242% / 4h	1h 21m	$185K	$284K	10x
Short	BloFin TRUTH-USDT	0.01358	0.0447	get 0.0224% / 4h	1h 21m	$197K	$13K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against OKX. 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 OKXbpFee BloFinbpOrdersPrice spread, now +0.052%Rate

Funding earned: −$7.49
Price spread: +0.052% → −0.097%: $14.83
Slippage, 4 orders: −$192.64
Fee OKX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$207.3
Costs to cover: 2.146%
Break-even: never at this rate

Slippage from OKX: live order book, 58 min ago; BloFin: live order book, 53 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, 58 min ago	3.67 bp	67.5 bp −$67	1875.8 bp −$18.8K	doesn't fit	doesn't fit
Sell BloFin live order book, 53 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	0.01354	−0.280%	$424K	$63K	20x	as long as short
KuCoin TRUTHUSDTM	+0.0100%	4h	0.01352	−0.390%	$1.1M	$51K	10x	as long as short
Aster TRUTHUSDT	+0.0400%	4h	0.01356	−0.087%	$36K	$7K	5x	as long as short
MEXC TRUTH_USDT	+0.0420%	4h	0.01355	−0.133%	$11.8M	$133K	20x	as long as short
Binance TRUTHUSDT	+0.0421%	4h	0.01355	−0.133%	$4.3M	$1.6M	20x	as long as short
Extended TRUTH-USD	+0.0424%	1h	0.01355	−0.151%	$3K	$180K	5x	as long as short
BloFin TRUTH-USDTshort	+0.0447%	4h	0.01358	+0.052%	$197K	$13K	50x
Bybit TRUTHUSDT	+0.0456%	4h	0.01358	+0.044%	$1.3M	$458K	20x	as long as short
BingX TRUTH-USDT	+0.0468%	4h	0.01357	−0.037%	—	$6.5M	—	as long as short
OKX TRUTH-USDT-SWAPlong	+0.0483%	4h	0.01357	long leg	$185K	$284K	10x