TRUTH

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.52 per $10,000 · paid last 24h +0.162%

Price spread now: Bybit against Gate+0.405%7-day average +0.347% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,134as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,115as in the Price arb table

costs, in and out, $10k−$1,12111.212% of the position

Long on Gate Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.132%−$13 on $10k

Price spread, last 4 days (all we have)−0.079%−$8 · spread now +0.405%, 7d avg +0.347%

Together, before fees−0.211%−$21 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 Bybit is 0.058% dearer against Gate than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.347%. Mind the row above: over the last 7 days funding on this pair cost −0.132%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate TRUTH_USDT	0.01357	0.0288	pay 0.0144% / 4h	3h 11m	$425K	$59K	20x
Short	Bybit TRUTHUSDT	0.01362	0.0392	get 0.0196% / 4h	3h 11m	$1.3M	$450K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.405%Rate

Funding earned: $21.92
Price spread: +0.405% → +0.347%: $5.81
Slippage, 4 orders: −$1,095.24
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$1,093.51
Costs to cover: 11.212%
Break-even: 356.2 days

Slippage from Gate: live order book, 60 min ago; Bybit: live order book, 5 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, 60 min ago	11.81 bp	243.7 bp −$244	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 5 min ago	7.71 bp	200.7 bp −$201	doesn't fit	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
Gate TRUTH_USDTlong	+0.0288%	4h	0.01357	long leg	$425K	$59K	20x
Bybit TRUTHUSDTshort	+0.0392%	4h	0.01362	+0.405%	$1.3M	$450K	20x
Aster TRUTHUSDT	+0.0467%	4h	0.01358	+0.105%	$36K	$6K	5x	as long as short
Binance TRUTHUSDT	+0.0685%	4h	0.01360	+0.209%	$4.3M	$1.6M	20x	as long as short
Extended TRUTH-USD	+0.0688%	1h	0.01359	+0.197%	$1K	$183K	5x	as long as short
MEXC TRUTH_USDT	+0.0694%	4h	0.01360	+0.206%	$11.8M	$133K	20x	as long as short
BloFin TRUTH-USDT	+0.0704%	4h	0.01359	+0.147%	$196K	$13K	50x	as long as short
KuCoin TRUTHUSDTM	+0.0748%	4h	0.01356	−0.066%	$1.1M	$47K	10x	as long as short
BingX TRUTH-USDT	+0.0856%	4h	0.01361	+0.310%	—	$6.5M	—	as long as short
OKX TRUTH-USDT-SWAP	+0.0887%	4h	0.01362	+0.369%	$198K	$294K	10x	as long as short