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

TRUTH

all TRUTH markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.1040%/8h= −113.8% APRpaid last 24h −0.052%
Price spread now: Extended against OKX−0.341%7-day average −0.137% · you buy dearer than you sell
Net, funding: paid 7d − costs−$297as in the Funding arb table
Net, price: spread back to 7d avg − costs−$270as in the Price arb table
costs, in and out, $10k−$2502.495% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.477%−$48 on $10k
Price spread, last 4 days (all we have)+0.238%+$24 · spread now −0.341%, 7d avg −0.137%
Together, before fees−0.240%+ Points / potential airdropExtended: Active · farm board−$24 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$31 a day on $10k at the current rate, and Extended is 0.204% cheaper against OKX than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of −0.137%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.477% in total (about -24.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX TRUTH-USDT-SWAP0.013710.1800pay 0.0900% / 4h2h 00m$226K$333K10x
ShortExtended TRUTH-USD0.013670.0760get 0.0095% / 1h0m 01s$4K$265K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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

Funding earned
−$218.32
Price spread: −0.341% → −0.137%
−$20.39
Slippage, 4 orders
−$234.52
Fee OKX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$488.23
Costs to cover
2.495%
Break-even
never at this rate
Slippage from OKX: live order book, 45 min ago; Extended: live order book, 47 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 OKX live order book, 45 min ago2.92 bp52.0 bp −$521105.1 bp −$11.1Kdoesn't fitdoesn't fit
Sell Extended live order book, 47 min ago5.85 bp74.4 bp −$74doesn'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%4h0.01370−0.131%$1.3M$423K20xas long as short
KuCoin TRUTHUSDTM+0.0148%4h0.01364−0.532%$1.0M$50K10xas long as short
Aster TRUTHUSDT+0.0471%4h0.01367−0.365%$36K$6K5xas long as short
Gate TRUTH_USDT+0.0682%4h0.01367−0.306%$426K$52K20xas long as short
Extended TRUTH-USDshort+0.0760%1h0.01367−0.341%$4K$265K5x
MEXC TRUTH_USDT+0.0760%4h0.01368−0.284%$11.9M$135K20xas long as short
Binance TRUTHUSDT+0.0760%4h0.01367−0.314%$4.4M$1.6M20xas long as short
BloFin TRUTH-USDT+0.0779%4h0.01368−0.270%$198K$12K50xas long as short
BingX TRUTH-USDT+0.1702%4h0.01370−0.139%$6.5Mas long as short
OKX TRUTH-USDT-SWAPlong+0.1800%4h0.01371long leg$226K$333K10x