Funding you earn now, next payment 08:00 UTC−0.0104%/8h= −11.4% APRnext payment −$0.52 per $10,000 · paid last 24h +0.038%
Price spread now: BingX against OKX−0.073%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$192as in the Funding arb table
Net, price: spread back to 7d avg − costs−$190as in the Price arb table
costs, in and out, $10k−$1871.868% of the position
Funding, last 7 days−0.048%−$5 on $10k
+Price spread, last 4 days (all we have)+0.042%+$4 · spread now −0.073%, 7d avg −0.039%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and BingX is 0.033% cheaper against OKX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.039%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX TRUTH-USDT-SWAP | 0.01373 | 0.1832 | pay 0.0916% / 4h | 1h 55m | $230K | $339K | 10x |
| Short | BingX TRUTH-USDT | 0.01372 | 0.1728 | get 0.0864% / 4h | 1h 55m | — | $6.5M | — |
OKX TRUTH-USDT-SWAP
BingX TRUTH-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against OKX. 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
- −$21.87
- Price spread: −0.073% → −0.039%
- −$3.33
- Slippage, 4 orders
- −$166.78
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$211.99
- Costs to cover
- 1.868%
- Break-even
- never at this rate
Slippage from OKX: live order book, 50 min ago; BingX: live order book, 10 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 OKX live order book, 50 min ago | 2.92 bp | 52.0 bp −$52 | 1105.1 bp −$11.1K | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 8.76 bp | 36.9 bp −$37 | 99.2 bp −$992 | 1008.2 bp −$100.8K | 1302.8 bp −$651.4K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit TRUTHUSDT | +0.0100% | 4h | 0.01372 | −0.044% | $1.3M | $424K | 20x | as long as short |
| KuCoin TRUTHUSDTM | +0.0144% | 4h | 0.01366 | −0.524% | $1.0M | $51K | 10x | as long as short |
| Aster TRUTHUSDT | +0.0501% | 4h | 0.01367 | −0.466% | $36K | $6K | 5x | as long as short |
| MEXC TRUTH_USDT | +0.0758% | 4h | 0.01370 | −0.211% | $11.9M | $132K | 20x | as long as short |
| BloFin TRUTH-USDT | +0.0762% | 4h | 0.01372 | −0.087% | $199K | $12K | 50x | as long as short |
| Binance TRUTHUSDT | +0.0766% | 4h | 0.01370 | −0.202% | $4.4M | $1.6M | 20x | as long as short |
| Extended TRUTH-USD | +0.0768% | 1h | 0.01370 | −0.178% | $4K | $265K | 5x | as long as short |
| Gate TRUTH_USDT | +0.0772% | 4h | 0.01369 | −0.270% | $427K | $51K | 20x | as long as short |
| BingX TRUTH-USDTshort | +0.1728% | 4h | 0.01372 | −0.073% | — | $6.5M | — | |
| OKX TRUTH-USDT-SWAPlong | +0.1832% | 4h | 0.01373 | long leg | $230K | $339K | 10x |
Bybit TRUTHUSDT
KuCoin TRUTHUSDTM
Aster TRUTHUSDT
MEXC TRUTH_USDT
BloFin TRUTH-USDT
Binance TRUTHUSDT
Extended TRUTH-USD
Gate TRUTH_USDT