Funding you earn now, next payment 04:00 UTC−0.0068%/8h= −7.4% APRnext payment −$0.34 per $10,000 · paid last 24h +0.110%
Price spread now: KuCoin against Gate−0.125%7-day average +0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$2,342as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,314as in the Price arb table
costs, in and out, $10k−$2,29722.969% of the position
Funding, last 7 days−0.455%−$45 on $10k
+Price spread, last 4 days (all we have)+0.217%+$22 · spread now −0.125%, 7d avg +0.051%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and KuCoin is 0.176% cheaper against Gate than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of +0.051%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate TRUTH_USDT | 0.01359 | 0.0936 | pay 0.0468% / 4h | 3h 29m | $426K | $59K | 20x |
| Short | KuCoin TRUTHUSDTM | 0.01358 | 0.0868 | get 0.0434% / 4h | 3h 29m | $1.1M | $46K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$14.28
- Price spread: −0.125% → +0.051%
- −$17.57
- Slippage, 4 orders
- −$2,269.91
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$2,328.76
- Costs to cover
- 22.969%
- Break-even
- never at this rate
Slippage from Gate: live order book, 41 min ago; KuCoin: 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, 41 min ago | 11.81 bp | 243.7 bp −$244 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 20.08 bp | 757.7 bp −$758 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster TRUTHUSDT | +0.0509% | 4h | 0.01362 | +0.169% | $36K | $6K | 5x | as long as short |
| BloFin TRUTH-USDT | +0.0738% | 4h | 0.01363 | +0.302% | $196K | $13K | 50x | as long as short |
| MEXC TRUTH_USDT | +0.0788% | 4h | 0.01362 | +0.206% | $11.9M | $132K | 20x | as long as short |
| Binance TRUTHUSDT | +0.0790% | 4h | 0.01362 | +0.224% | $4.4M | $1.6M | 20x | as long as short |
| Extended TRUTH-USD | +0.0792% | 1h | 0.01362 | +0.184% | $5K | $179K | 5x | as long as short |
| KuCoin TRUTHUSDTMshort | +0.0868% | 4h | 0.01358 | −0.125% | $1.1M | $46K | 10x | |
| Gate TRUTH_USDTlong | +0.0936% | 4h | 0.01359 | long leg | $426K | $59K | 20x | |
| OKX TRUTH-USDT-SWAP | +0.0995% | 4h | 0.01362 | +0.177% | $197K | $294K | 10x | as long as short |
| Bybit TRUTHUSDT | +0.1208% | 4h | 0.01365 | +0.383% | $1.3M | $453K | 20x | as long as short |
| BingX TRUTH-USDT | +0.1388% | 4h | 0.01363 | +0.302% | — | $6.5M | — | as long as short |
Gate TRUTH_USDT
KuCoin TRUTHUSDTM
Aster TRUTHUSDT
BloFin TRUTH-USDT
MEXC TRUTH_USDT
Binance TRUTHUSDT
Extended TRUTH-USD
OKX TRUTH-USDT-SWAP
Bybit TRUTHUSDT
BingX TRUTH-USDT