TRUTH

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.10 per $10,000 · paid last 24h +0.001%

Price spread now: Binance against BloFin+0.022%111s7-day average −0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs−$114as 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−$1141.136% of the position

Long on BloFin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.003%$0 on $10k

Price spread, last 3 days (all we have)−0.066%−$7 · spread now +0.022%, 7d avg −0.015%

Together, before fees−0.069%−$7 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.037% dearer against BloFin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.015%. The two prices were read 111 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	BloFin TRUTH-USDT	0.01370	0.0698	pay 0.0349% / 4h	3h 33m	$197K	$13K	50x
Short	Binance TRUTHUSDT	0.01370	0.0718	get 0.0359% / 4h	3h 33m	$4.4M	$1.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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 BloFinbpFee BinancebpOrdersPrice spread, now +0.022%Rate

Funding earned: $4.28
Price spread: +0.022% → −0.015%: $3.67
Slippage, 4 orders: −$91.58
Fee BloFin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$105.62
Costs to cover: 1.136%
Break-even: 179.7 days

Slippage from BloFin: live order book, 32 min ago; Binance: live order book, 4 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 BloFin live order book, 32 min ago	0.37 bp	21.9 bp −$22	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 4 min ago	4.74 bp	23.4 bp −$23	202.2 bp −$2,022	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
Aster TRUTHUSDT	+0.0477%	4h	0.01364	−0.394%	$36K	$6K	5x	as long as short
BloFin TRUTH-USDTlong	+0.0698%	4h	0.01370	long leg	$197K	$13K	50x
MEXC TRUTH_USDT	+0.0718%	4h	0.01370	−0.022%	$11.9M	$132K	20x	as long as short
Binance TRUTHUSDTshort	+0.0718%	4h	0.01370	+0.022%	$4.4M	$1.6M	20x
Extended TRUTH-USD	+0.0720%	1h	0.01370	+0.021%	$861	$174K	5x	as long as short
KuCoin TRUTHUSDTM	+0.0850%	4h	0.01369	−0.029%	$1.1M	$46K	10x	as long as short
OKX TRUTH-USDT-SWAP	+0.1008%	4h	0.01373	+0.263%	$199K	$295K	10x	as long as short
Gate TRUTH_USDT	+0.1294%	4h	0.01366	−0.263%	$428K	$58K	20x	as long as short
Bybit TRUTHUSDT	+0.1500%	4h	0.01370	−0.007%	$1.3M	$453K	20x	as long as short
BingX TRUTH-USDT	+0.1666%	4h	0.01371	+0.066%	—	$6.5M	—	as long as short