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

TRUTH

all TRUTH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0653%/8h= +71.5% APRnext payment +$3.27 per $10,000 · paid last 24h +0.122%
Price spread now: OKX against Binance+0.108%7-day average +0.112% · you sell dearer than you buy
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$195as in the Price arb table
costs, in and out, $10k−$1941.944% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.519%+$52 on $10k
Price spread, last 4 days (all we have)−0.022%−$2 · spread now +0.108%, 7d avg +0.112%
Together, before fees+0.497%+$50 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.112%, so right now this pair is about funding alone: +$20 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance TRUTHUSDT0.013610.1042pay 0.0521% / 4h1h 54m$4.5M$1.6M20x
ShortOKX TRUTH-USDT-SWAP0.013620.1695get 0.0848% / 4h1h 54m$238K$362K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Binance. 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
$137.15
Price spread: +0.108% → +0.112%
−$0.36
Slippage, 4 orders
−$174.37
Fee Binance: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$57.58
Costs to cover
1.944%
Break-even
9.9 days
Slippage from Binance: live order book, 6 min ago; OKX: live order book, 54 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 Binance live order book, 6 min ago2.57 bp39.9 bp −$40477.3 bp −$4,773doesn't fitdoesn't fit
Sell OKX live order book, 54 min ago6.98 bp46.2 bp −$46521.4 bp −$5,214doesn't fitdoesn't fit

TRUTH on 10 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin TRUTHUSDTM+0.0100%4h0.01356−0.347%$1.0M$49K10xas long as short
Bybit TRUTHUSDT+0.0781%4h0.01363+0.123%$1.3M$337K20xas long as short
Gate TRUTH_USDT+0.0786%4h0.01360−0.046%$424K$49K20xas long as short
Aster TRUTHUSDT+0.0837%4h0.01358−0.208%$36K$6K5xas long as short
BloFin TRUTH-USDT+0.1025%4h0.01361+0.013%$198K$14K50xas long as short
Extended TRUTH-USD+0.1040%1h0.01360−0.075%$3K$206K5xas long as short
MEXC TRUTH_USDT+0.1042%4h0.01360−0.046%$11.9M$116K20xas long as short
Binance TRUTHUSDTlong+0.1042%4h0.01361long leg$4.5M$1.6M20x
BingX TRUTH-USDT+0.1626%4h0.01362+0.064%$6.5Mas long as short
OKX TRUTH-USDT-SWAPshort+0.1695%4h0.01362+0.108%$238K$362K10x