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

TRUTH

all TRUTH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0027%/8h= +3.0% APRnext payment +$0.14 per $10,000 · paid last 24h +0.001%
Price spread now: MEXC against BloFin+0.096%49s7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$144as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1431.429% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.007%−$1 on $10k
Price spread, last 3 days (all we have)−0.101%−$10 · spread now +0.096%, 7d avg −0.004%
Together, before fees−0.108%−$11 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 MEXC is 0.099% dearer against BloFin than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.004%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin TRUTH-USDT0.013600.0527pay 0.0263% / 4h1h 48m$197K$13K50x
ShortMEXC TRUTH_USDT0.013610.0554get 0.0277% / 4h1h 48m$11.9M$131K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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

Funding earned
$5.74
Price spread: +0.096% → −0.004%
$9.91
Slippage, 4 orders
−$126.9
Fee BloFin: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$127.25
Costs to cover
1.429%
Break-even
162.2 days
Slippage from BloFin: live order book, 27 min ago; MEXC: live order book, 5 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 BloFin live order book, 27 min ago12.52 bp47.3 bp −$47doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 5 min ago4.42 bp19.1 bp −$1978.6 bp −$786270.2 bp −$27.0Kdoesn'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
Gate TRUTH_USDT+0.0100%4h0.01356−0.279%$424K$63K20xas long as short
KuCoin TRUTHUSDTM+0.0100%4h0.01357−0.221%$1.1M$51K10xas long as short
BloFin TRUTH-USDTlong+0.0527%4h0.01360long leg$197K$13K50x
Extended TRUTH-USD+0.0552%1h0.01360+0.007%$3K$180K5xas long as short
MEXC TRUTH_USDTshort+0.0554%4h0.01361+0.096%$11.9M$131K20x
Aster TRUTHUSDT+0.0554%4h0.01361+0.059%$36K$7K5xas long as short
Binance TRUTHUSDT+0.0554%4h0.01360+0.023%$4.3M$1.6M20xas long as short
OKX TRUTH-USDT-SWAP+0.0569%4h0.01364+0.301%$186K$286K10xas long as short
BingX TRUTH-USDT+0.0592%4h0.01362+0.176%$6.5Mas long as short
Bybit TRUTHUSDT+0.0599%4h0.01363+0.191%$1.3M$454K20xas long as short