Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +11.0% APRnext payment +$0.50 per $10,000 · paid last 24h +0.149%
Price spread now: Binance against Gate+0.238%7-day average +0.225% · you sell dearer than you buy
Net, funding: paid 7d − costs−$709as in the Funding arb table
Net, price: spread back to 7d avg − costs−$660as in the Price arb table
costs, in and out, $10k−$6626.617% of the position
Funding, last 7 days−0.473%−$47 on $10k
+Price spread, last 4 days (all we have)−0.102%−$10 · spread now +0.238%, 7d avg +0.225%
=The price spread sits at its 7-day average of +0.225%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.473%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate TRUTH_USDT | 0.01355 | 0.0430 | pay 0.0215% / 4h | 48m 57s | $421K | $52K | 20x |
| Short | Binance TRUTHUSDT | 0.01358 | 0.0530 | get 0.0265% / 4h | 48m 57s | $4.4M | $1.6M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $21.08
- Price spread: +0.238% → +0.225%
- $1.36
- Slippage, 4 orders
- −$636.66
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$639.21
- Costs to cover
- 6.617%
- Break-even
- 219.2 days
Slippage from Gate: live order book, 7 min ago; Binance: live order book, 3 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 Gate live order book, 7 min ago | 12.89 bp | 246.5 bp −$246 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 4.79 bp | 34.4 bp −$34 | 193.0 bp −$1,930 | 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 | 0.01359 | +0.288% | $1.3M | $407K | 20x | as long as short |
| Aster TRUTHUSDT | +0.0391% | 4h | 0.01357 | +0.170% | $36K | $6K | 5x | as long as short |
| Gate TRUTH_USDTlong | +0.0430% | 4h | 0.01355 | long leg | $421K | $52K | 20x | |
| BloFin TRUTH-USDT | +0.0521% | 4h | 0.01357 | +0.185% | $198K | $12K | 50x | as long as short |
| Extended TRUTH-USD | +0.0528% | 1h | 0.01358 | +0.210% | $3K | $185K | 5x | as long as short |
| Binance TRUTHUSDTshort | +0.0530% | 4h | 0.01358 | +0.238% | $4.4M | $1.6M | 20x | |
| MEXC TRUTH_USDT | +0.0532% | 4h | 0.01358 | +0.244% | $11.8M | $131K | 20x | as long as short |
| KuCoin TRUTHUSDTM | +0.0894% | 4h | 0.01355 | 0.000% | $1.0M | $49K | 10x | as long as short |
| BingX TRUTH-USDT | +0.1444% | 4h | 0.01359 | +0.340% | — | $6.5M | — | as long as short |
| OKX TRUTH-USDT-SWAP | +0.1499% | 4h | 0.01362 | +0.539% | $216K | $324K | 10x | as long as short |
Gate TRUTH_USDT
Binance TRUTHUSDT
Bybit TRUTHUSDT
Aster TRUTHUSDT
BloFin TRUTH-USDT
Extended TRUTH-USD
MEXC TRUTH_USDT
KuCoin TRUTHUSDTM
BingX TRUTH-USDT
OKX TRUTH-USDT-SWAP