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−0.0068%/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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.238%−$24 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate TRUTH_USDT0.013590.0936pay 0.0468% / 4h3h 29m$426K$59K20x
ShortKuCoin TRUTHUSDTM0.013580.0868get 0.0434% / 4h3h 29m$1.1M$46K10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 41 min ago11.81 bp243.7 bp −$244doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago20.08 bp757.7 bp −$758doesn'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
Aster TRUTHUSDT+0.0509%4h0.01362+0.169%$36K$6K5xas long as short
BloFin TRUTH-USDT+0.0738%4h0.01363+0.302%$196K$13K50xas long as short
MEXC TRUTH_USDT+0.0788%4h0.01362+0.206%$11.9M$132K20xas long as short
Binance TRUTHUSDT+0.0790%4h0.01362+0.224%$4.4M$1.6M20xas long as short
Extended TRUTH-USD+0.0792%1h0.01362+0.184%$5K$179K5xas long as short
KuCoin TRUTHUSDTMshort+0.0868%4h0.01358−0.125%$1.1M$46K10x
Gate TRUTH_USDTlong+0.0936%4h0.01359long leg$426K$59K20x
OKX TRUTH-USDT-SWAP+0.0995%4h0.01362+0.177%$197K$294K10xas long as short
Bybit TRUTHUSDT+0.1208%4h0.01365+0.383%$1.3M$453K20xas long as short
BingX TRUTH-USDT+0.1388%4h0.01363+0.302%$6.5Mas long as short