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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX TRUTH-USDT-SWAP | 0.01371 | 0.1800 | pay 0.0900% / 4h | 2h 00m | $226K | $333K | 10x |
| Short | Extended TRUTH-USD | 0.01367 | 0.0760 | get 0.0095% / 1h | 0m 01s | $4K | $265K | 5x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy OKX live order book, 45 min ago | 2.92 bp | 52.0 bp −$52 | 1105.1 bp −$11.1K | doesn't fit | doesn't fit |
| Sell Extended live order book, 47 min ago | 5.85 bp | 74.4 bp −$74 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit TRUTHUSDT | +0.0100% | 4h | 0.01370 | −0.131% | $1.3M | $423K | 20x | as long as short |
| KuCoin TRUTHUSDTM | +0.0148% | 4h | 0.01364 | −0.532% | $1.0M | $50K | 10x | as long as short |
| Aster TRUTHUSDT | +0.0471% | 4h | 0.01367 | −0.365% | $36K | $6K | 5x | as long as short |
| Gate TRUTH_USDT | +0.0682% | 4h | 0.01367 | −0.306% | $426K | $52K | 20x | as long as short |
| Extended TRUTH-USDshort | +0.0760% | 1h | 0.01367 | −0.341% | $4K | $265K | 5x | |
| MEXC TRUTH_USDT | +0.0760% | 4h | 0.01368 | −0.284% | $11.9M | $135K | 20x | as long as short |
| Binance TRUTHUSDT | +0.0760% | 4h | 0.01367 | −0.314% | $4.4M | $1.6M | 20x | as long as short |
| BloFin TRUTH-USDT | +0.0779% | 4h | 0.01368 | −0.270% | $198K | $12K | 50x | as long as short |
| BingX TRUTH-USDT | +0.1702% | 4h | 0.01370 | −0.139% | — | $6.5M | — | as long as short |
| OKX TRUTH-USDT-SWAPlong | +0.1800% | 4h | 0.01371 | long leg | $226K | $333K | 10x |
OKX TRUTH-USDT-SWAP
Extended TRUTH-USD
Bybit TRUTHUSDT
KuCoin TRUTHUSDTM
Aster TRUTHUSDT
Gate TRUTH_USDT
MEXC TRUTH_USDT
Binance TRUTHUSDT
BloFin TRUTH-USDT
BingX TRUTH-USDT