TRUTH

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0959%/8h= +105.0% APRnext payment +$4.80 per $10,000 · paid last 24h +0.065%

Price spread now: Binance against KuCoin+0.295%7-day average +0.187% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,414as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,402as in the Price arb table

costs, in and out, $10k−$1,41314.127% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.010%−$1 on $10k

Price spread, last 7 days−0.194%−$19 · spread now +0.295%, 7d avg +0.187%

Together, before fees−0.204%−$20 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$29 a day on $10k at the current rate, and Binance is 0.108% dearer against KuCoin than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.187%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.010% in total (about -0.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.80 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	KuCoin TRUTHUSDTM	0.01354	0.0100	pay 0.0050% / 4h	3h 35m	$1.1M	$48K	10x
Short	Binance TRUTHUSDT	0.01358	0.1059	get 0.0530% / 4h	3h 35m	$4.3M	$1.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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 KuCoinbpFee BinancebpOrdersPrice spread, now +0.295%Rate

Funding earned: $201.42
Price spread: +0.295% → +0.187%: $10.84
Slippage, 4 orders: −$1,390.74
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$1,200.48
Costs to cover: 14.127%
Break-even: 48.7 days

Slippage from KuCoin: live order book, 9 min ago; Binance: live order book, 4 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 KuCoin live order book, 9 min ago	12.56 bp	694.4 bp −$694	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 4 min ago	1.47 bp	34.8 bp −$35	185.4 bp −$1,854	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
KuCoin TRUTHUSDTMlong	+0.0100%	4h	0.01354	long leg	$1.1M	$48K	10x
Gate TRUTH_USDT	+0.0408%	4h	0.01354	+0.022%	$423K	$62K	20x	as long as short
OKX TRUTH-USDT-SWAP	+0.0440%	4h	0.01358	+0.355%	$184K	$286K	10x	as long as short
Bybit TRUTHUSDT	+0.0666%	4h	0.01359	+0.377%	$1.3M	$435K	20x	as long as short
Aster TRUTHUSDT	+0.0677%	4h	0.01357	+0.236%	$36K	$8K	5x	as long as short
BingX TRUTH-USDT	+0.1008%	4h	0.01358	+0.355%	—	$6.5M	—	as long as short
BloFin TRUTH-USDT	+0.1029%	4h	0.01357	+0.207%	$200K	$13K	50x	as long as short
Extended TRUTH-USD	+0.1056%	1h	0.01358	+0.284%	$3K	$180K	5x	as long as short
MEXC TRUTH_USDT	+0.1056%	4h	0.01358	+0.340%	$11.8M	$112K	20x	as long as short
Binance TRUTHUSDTshort	+0.1059%	4h	0.01358	+0.295%	$4.3M	$1.6M	20x