Funding you earn now, next payment 04:00 UTC−0.0501%/8h= −54.9% APRnext payment −$2.51 per $10,000 · paid last 24h −0.045%
Price spread now: KuCoin against OKX−0.396%7-day average −0.284% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,709as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,686as in the Price arb table
costs, in and out, $10k−$1,67516.746% of the position
Funding, last 7 days−0.340%−$34 on $10k
+Price spread, last 4 days (all we have)+0.250%+$25 · spread now −0.396%, 7d avg −0.284%
=Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and KuCoin is 0.112% cheaper against OKX than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.284%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.340% in total (about -17.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.51 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 | OKX TRUTH-USDT-SWAP | 0.01364 | 0.1575 | pay 0.0788% / 4h | 1h 26m | $222K | $317K | 10x |
| Short | KuCoin TRUTHUSDTM | 0.01358 | 0.1074 | get 0.0537% / 4h | 1h 26m | $1.0M | $53K | 10x |
OKX TRUTH-USDT-SWAP
KuCoin TRUTHUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$105.24
- Price spread: −0.396% → −0.284%
- −$11.23
- Slippage, 4 orders
- −$1,652.63
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,791.09
- Costs to cover
- 16.746%
- Break-even
- never at this rate
Slippage from OKX: live order book, 34 min ago; KuCoin: live order book, 8 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, 34 min ago | 2.94 bp | 71.3 bp −$71 | 1624.1 bp −$16.2K | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 8 min ago | 27.58 bp | 581.9 bp −$582 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit TRUTHUSDT | +0.0100% | 4h | 0.01361 | −0.183% | $1.3M | $416K | 20x | as long as short |
| Gate TRUTH_USDT | +0.0484% | 4h | 0.01356 | −0.594% | $422K | $57K | 20x | as long as short |
| Aster TRUTHUSDT | +0.0575% | 4h | 0.01359 | −0.345% | $36K | $6K | 5x | as long as short |
| BloFin TRUTH-USDT | +0.0614% | 4h | 0.01360 | −0.271% | $198K | $12K | 50x | as long as short |
| Binance TRUTHUSDT | +0.0623% | 4h | 0.01359 | −0.332% | $4.4M | $1.6M | 20x | as long as short |
| Extended TRUTH-USD | +0.0624% | 1h | 0.01359 | −0.362% | $2K | $180K | 5x | as long as short |
| MEXC TRUTH_USDT | +0.0628% | 4h | 0.01359 | −0.345% | $11.8M | $132K | 20x | as long as short |
| KuCoin TRUTHUSDTMshort | +0.1074% | 4h | 0.01358 | −0.396% | $1.0M | $53K | 10x | |
| BingX TRUTH-USDT | +0.1482% | 4h | 0.01361 | −0.198% | — | $6.5M | — | as long as short |
| OKX TRUTH-USDT-SWAPlong | +0.1575% | 4h | 0.01364 | long leg | $222K | $317K | 10x |
Bybit TRUTHUSDT
Gate TRUTH_USDT
Aster TRUTHUSDT
BloFin TRUTH-USDT
Binance TRUTHUSDT
Extended TRUTH-USD
MEXC TRUTH_USDT
BingX TRUTH-USDT