TRUTH

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0820%/8h= +89.8% APRnext payment +$4.10 per $10,000 · paid last 24h +0.282%

Price spread now: BingX against Gate+0.184%7-day average +0.289% · you sell dearer than you buy

Net, funding: paid 7d − costs−$476as in the Funding arb table

Net, price: spread back to 7d avg − costs−$484as in the Price arb table

costs, in and out, $10k−$4734.735% of the position

Long on Gate Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.023%−$2 on $10k

Price spread, last 4 days (all we have)+0.061%+$6 · spread now +0.184%, 7d avg +0.289%

Together, before fees+0.038%+$4 on $10k · with fees, hour by hour

Funding pays, the price is against you. BingX is 0.105% cheaper against Gate than usual: you would sell low and buy high (spread +0.184% now, against its 7-day average of +0.289%). If the spread goes back, that is −$11 on $10k: about 10 hours of funding at the current rate (+$25 a day).

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.023% in total (about -1.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.10 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate TRUTH_USDT	0.01360	0.1170	pay 0.0585% / 4h	3h 10m	$424K	$50K	20x
Short	BingX TRUTH-USDT	0.01363	0.1990	get 0.0995% / 4h	3h 10m	—	$6.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Gate. 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 GatebpFee BingXbpOrdersPrice spread, now +0.184%Rate

Funding earned: $172.2
Price spread: +0.184% → +0.289%: −$10.54
Slippage, 4 orders: −$448.49
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BingX: 5 bp × 2 orders: −$10
Net: −$311.83
Costs to cover: 4.735%
Break-even: 19.7 days

Slippage from Gate: live order book, 20 min ago; BingX: live order book, 11 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 Gate live order book, 20 min ago	12.88 bp	244.0 bp −$244	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 11 min ago	5.51 bp	26.8 bp −$27	81.6 bp −$816	974.3 bp −$97.4K	1257.6 bp −$628.8K

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
KuCoin TRUTHUSDTM	+0.0100%	4h	0.01359	−0.118%	$1.0M	$53K	10x	as long as short
Aster TRUTHUSDT	+0.0508%	4h	0.01363	+0.169%	$36K	$6K	5x	as long as short
Bybit TRUTHUSDT	+0.0538%	4h	0.01364	+0.272%	$1.3M	$406K	20x	as long as short
MEXC TRUTH_USDT	+0.0776%	4h	0.01362	+0.110%	$11.9M	$136K	20x	as long as short
Binance TRUTHUSDT	+0.0782%	4h	0.01361	+0.029%	$4.5M	$1.7M	20x	as long as short
Extended TRUTH-USD	+0.0784%	1h	0.01360	+0.002%	$3K	$206K	5x	as long as short
BloFin TRUTH-USDT	+0.0787%	4h	0.01362	+0.154%	$198K	$13K	50x	as long as short
Gate TRUTH_USDTlong	+0.1170%	4h	0.01360	long leg	$424K	$50K	20x
BingX TRUTH-USDTshort	+0.1990%	4h	0.01363	+0.184%	—	$6.5M	—
OKX TRUTH-USDT-SWAP	+0.2084%	4h	0.01363	+0.191%	$231K	$370K	10x	as long as short