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

TRUTH

all TRUTH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0064%/8h= +7.0% APRpaid last 24h +0.145%
Price spread now: Extended against Gate+0.312%7-day average +0.195% · you sell dearer than you buy
Net, funding: paid 7d − costs−$777as in the Funding arb table
Net, price: spread back to 7d avg − costs−$713as in the Price arb table
costs, in and out, $10k−$7257.248% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.517%−$52 on $10k
Price spread, last 4 days (all we have)−0.207%−$21 · spread now +0.312%, 7d avg +0.195%
Together, before fees−0.724%+ Points / potential airdropExtended: Active · farm board−$72 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Extended is 0.117% dearer against Gate than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.195%. Mind the row above: over the last 7 days funding on this pair cost −0.517%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate TRUTH_USDT0.013560.0592pay 0.0296% / 4h1h 36m$422K$57K20x
ShortExtended TRUTH-USD0.013600.0656get 0.0082% / 1h36m 47s$856$180K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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

Funding earned
$13.44
Price spread: +0.312% → +0.195%
$11.75
Slippage, 4 orders
−$704.83
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$699.64
Costs to cover
7.248%
Break-even
371.4 days
Slippage from Gate: live order book, 24 min ago; Extended: live order book, 24 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 Gate live order book, 24 min ago15.83 bp266.3 bp −$266doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 24 min ago5.89 bp65.8 bp −$66doesn'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
Bybit TRUTHUSDT+0.0100%4h0.01362+0.457%$1.3M$426K20xas long as short
Gate TRUTH_USDTlong+0.0592%4h0.01356long leg$422K$57K20x
Aster TRUTHUSDT+0.0655%4h0.01359+0.229%$36K$6K5xas long as short
Binance TRUTHUSDT+0.0656%4h0.01361+0.349%$4.4M$1.6M20xas long as short
Extended TRUTH-USDshort+0.0656%1h0.01360+0.312%$856$180K5x
MEXC TRUTH_USDT+0.0660%4h0.01361+0.324%$11.8M$132K20xas long as short
BloFin TRUTH-USDT+0.0706%4h0.01363+0.524%$198K$13K50xas long as short
KuCoin TRUTHUSDTM+0.1130%4h0.01360+0.310%$1.0M$53K10xas long as short
BingX TRUTH-USDT+0.1400%4h0.01362+0.442%$6.5Mas long as short
OKX TRUTH-USDT-SWAP+0.1498%4h0.01362+0.435%$221K$319K10xas long as short