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

TRUTH

all TRUTH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0343%/8h= −37.6% APRpaid last 24h −0.012%
Price spread now: Extended against OKX−0.113%7-day average −0.136% · you buy dearer than you sell
Net, funding: paid 7d − costs−$304as in the Funding arb table
Net, price: spread back to 7d avg − costs−$261as in the Price arb table
costs, in and out, $10k−$2632.634% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.410%−$41 on $10k
Price spread, last 4 days (all we have)+0.036%+$4 · spread now −0.113%, 7d avg −0.136%
Together, before fees−0.374%+ Points / potential airdropExtended: Active · farm board−$37 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.023% dearer against OKX than usual: you sell high and buy low (spread −0.113% now, against its 7-day average of −0.136%): +$2 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 5 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX TRUTH-USDT-SWAP0.013570.0879pay 0.0440% / 4h2h 44m$200K$301K10x
ShortExtended TRUTH-USD0.013560.0536get 0.0067% / 1h44m 12s$3K$183K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against OKX. 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
−$72.1
Price spread: −0.113% → −0.136%
$2.35
Slippage, 4 orders
−$248.36
Fee OKX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$333.12
Costs to cover
2.634%
Break-even
never at this rate
Slippage from OKX: live order book, 21 min ago; Extended: live order book, 22 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 OKX live order book, 21 min ago7.33 bp88.4 bp −$881970.8 bp −$19.7Kdoesn't fitdoesn't fit
Sell Extended live order book, 22 min ago5.15 bp44.0 bp −$44doesn'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%4h0.01358+0.044%$1.3M$447K20xas long as short
Gate TRUTH_USDT+0.0100%4h0.01353−0.346%$423K$55K20xas long as short
Aster TRUTHUSDT+0.0419%4h0.01357−0.048%$36K$6K5xas long as short
Extended TRUTH-USDshort+0.0536%1h0.01356−0.113%$3K$183K5x
Binance TRUTHUSDT+0.0536%4h0.01356−0.057%$4.3M$1.6M20xas long as short
BloFin TRUTH-USDT+0.0543%4h0.01361+0.287%$197K$13K50xas long as short
MEXC TRUTH_USDT+0.0544%4h0.01356−0.059%$11.8M$131K20xas long as short
KuCoin TRUTHUSDTM+0.0602%4h0.01353−0.287%$1.0M$51K10xas long as short
BingX TRUTH-USDT+0.0822%4h0.01358+0.029%$6.5Mas long as short
OKX TRUTH-USDT-SWAPlong+0.0879%4h0.01357long leg$200K$301K10x