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

TRUTH

all TRUTH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0203%/8h= +22.2% APRnext payment +$1.01 per $10,000 · paid last 24h +0.006%
Price spread now: OKX against BloFin+0.500%7-day average +0.095% · you sell dearer than you buy
Net, funding: paid 7d − costs−$174as in the Funding arb table
Net, price: spread back to 7d avg − costs−$169as in the Price arb table
costs, in and out, $10k−$2102.097% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.355%+$36 on $10k
Price spread, last 3 days (all we have)−0.422%−$42 · spread now +0.500%, 7d avg +0.095%
Together, before fees−0.067%−$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and OKX is 0.405% dearer against BloFin than usual: you sell high and buy low: +$41 more if the spread goes back to its 7-day average of +0.095%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin TRUTH-USDT0.013600.0642pay 0.0321% / 4h3h 04m$196K$13K50x
ShortOKX TRUTH-USDT-SWAP0.013670.0845get 0.0422% / 4h3h 04m$198K$295K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$42.54
Price spread: +0.500% → +0.095%
$40.51
Slippage, 4 orders
−$187.66
Fee BloFin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$126.6
Costs to cover
2.097%
Break-even
27.8 days
Slippage from BloFin: live order book, 60 min ago; OKX: live order book, 1 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, 60 min ago0.37 bp21.9 bp −$22doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 1 min ago7.33 bp68.2 bp −$68doesn't fitdoesn't fitdoesn'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+0.0166%4h0.01358−0.103%$425K$60K20xas long as short
Bybit TRUTHUSDT+0.0358%4h0.01364+0.294%$1.3M$442K20xas long as short
Aster TRUTHUSDT+0.0463%4h0.01361+0.117%$36K$6K5xas long as short
BloFin TRUTH-USDTlong+0.0642%4h0.01360long leg$196K$13K50x
Binance TRUTHUSDT+0.0651%4h0.01361+0.099%$4.3M$1.6M20xas long as short
MEXC TRUTH_USDT+0.0660%4h0.01361+0.088%$11.9M$134K20xas long as short
Extended TRUTH-USD+0.0664%1h0.01361+0.060%$1K$183K5xas long as short
KuCoin TRUTHUSDTM+0.0708%4h0.01359−0.059%$1.1M$47K10xas long as short
BingX TRUTH-USDT+0.0834%4h0.01363+0.221%$6.5Mas long as short
OKX TRUTH-USDT-SWAPshort+0.0845%4h0.01367+0.500%$198K$295K10x