TRUTH

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0112%/8h= +12.3% APRnext payment +$0.56 per $10,000 · paid last 24h −0.038%

Price spread now: OKX against BingX+0.073%7-day average +0.039% · you sell dearer than you buy

Net, funding: paid 7d − costs−$182as in the Funding arb table

Net, price: spread back to 7d avg − costs−$183as in the Price arb table

costs, in and out, $10k−$1871.868% of the position

Long on BingX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.048%+$5 on $10k

Price spread, last 4 days (all we have)−0.042%−$4 · spread now +0.073%, 7d avg +0.039%

Together, before fees+0.005%+$1 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and OKX is 0.033% dearer against BingX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.039%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX TRUTH-USDT	0.01372	0.1728	pay 0.0864% / 4h	1h 54m	—	$6.5M	—
Short	OKX TRUTH-USDT-SWAP	0.01373	0.1840	get 0.0920% / 4h	1h 54m	$230K	$339K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against BingX. 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 BingXbpFee OKXbpOrdersPrice spread, now +0.073%Rate

Funding earned: $23.53
Price spread: +0.073% → +0.039%: $3.34
Slippage, 4 orders: −$166.78
Fee BingX: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$159.92
Costs to cover: 1.868%
Break-even: 54.6 days

Slippage from BingX: live order book, 11 min ago; OKX: live order book, 51 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 BingX live order book, 11 min ago	8.76 bp	38.5 bp −$38	224.5 bp −$2,245	doesn't fit	doesn't fit
Sell OKX live order book, 51 min ago	2.92 bp	59.4 bp −$59	174.7 bp −$1,747	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	0.01372	+0.029%	$1.3M	$424K	20x	as long as short
KuCoin TRUTHUSDTM	+0.0142%	4h	0.01368	−0.292%	$1.0M	$51K	10x	as long as short
Aster TRUTHUSDT	+0.0513%	4h	0.01367	−0.394%	$36K	$6K	5x	as long as short
BloFin TRUTH-USDT	+0.0762%	4h	0.01372	−0.015%	$199K	$12K	50x	as long as short
MEXC TRUTH_USDT	+0.0764%	4h	0.01370	−0.131%	$11.9M	$132K	20x	as long as short
Extended TRUTH-USD	+0.0768%	1h	0.01370	−0.151%	$4K	$265K	5x	as long as short
Binance TRUTHUSDT	+0.0772%	4h	0.01370	−0.122%	$4.4M	$1.6M	20x	as long as short
Gate TRUTH_USDT	+0.0772%	4h	0.01369	−0.182%	$427K	$51K	20x	as long as short
BingX TRUTH-USDTlong	+0.1728%	4h	0.01372	long leg	—	$6.5M	—
OKX TRUTH-USDT-SWAPshort	+0.1840%	4h	0.01373	+0.073%	$230K	$339K	10x