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

TRUTH

all TRUTH markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.575%−$57 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate TRUTH_USDT0.013550.0430pay 0.0215% / 4h48m 57s$421K$52K20x
ShortBinance TRUTHUSDT0.013580.0530get 0.0265% / 4h48m 57s$4.4M$1.6M20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 7 min ago12.89 bp246.5 bp −$246doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 3 min ago4.79 bp34.4 bp −$34193.0 bp −$1,930doesn'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%4h0.01359+0.288%$1.3M$407K20xas long as short
Aster TRUTHUSDT+0.0391%4h0.01357+0.170%$36K$6K5xas long as short
Gate TRUTH_USDTlong+0.0430%4h0.01355long leg$421K$52K20x
BloFin TRUTH-USDT+0.0521%4h0.01357+0.185%$198K$12K50xas long as short
Extended TRUTH-USD+0.0528%1h0.01358+0.210%$3K$185K5xas long as short
Binance TRUTHUSDTshort+0.0530%4h0.01358+0.238%$4.4M$1.6M20x
MEXC TRUTH_USDT+0.0532%4h0.01358+0.244%$11.8M$131K20xas long as short
KuCoin TRUTHUSDTM+0.0894%4h0.013550.000%$1.0M$49K10xas long as short
BingX TRUTH-USDT+0.1444%4h0.01359+0.340%$6.5Mas long as short
OKX TRUTH-USDT-SWAP+0.1499%4h0.01362+0.539%$216K$324K10xas long as short