TRUTH funding rate arbitrage
TRUTH perpetual futures are listed on 6 of the 10 exchanges tracked by NDA-Trade. The widest current funding spread is between Extended and Bybit: going long on Extended and short on Bybit collects roughly 155.8% annualized at current rates.
| Exchange | Funding rate | Mid price | Leg |
|---|---|---|---|
| Extended | +0.00005% | 0.013473 | Long leg — lowest funding |
| Aster | +0.00009% | 0.0134805 | — |
| Binance | +0.00020% | 0.013478 | — |
| KuCoin | +0.00042% | 0.013458 | — |
| OKX | +0.00065% | 0.0135 | — |
| Bybit | +0.00090% | 0.0134905 | Short leg — highest funding |
Last updated 2026-08-11 10:21 UTC · rates are per settlement interval, which differs by venue. See all markets in the coverage matrix.
How the TRUTH funding trade works
Every exchange sets its own funding rate for TRUTH perpetual futures, derived from its own premium to the index and its own order flow. Those rates drift apart, and the gap is what a delta-neutral position collects: long TRUTH on Extended, where funding is currently lowest, and short the same size on Bybit, where it is highest. Because the legs are equal and opposite, the TRUTH price itself no longer matters — only the funding difference does.
That is the gross figure. Both legs cross the cross-exchange spread on entry and again on exit, plus fees on all four fills. At the current entry and exit spreads shown above, the position has to hold long enough for accrued funding to cover that round trip before it earns anything. A high annualized number on a spread that decays within hours frequently loses money.
The risks are the ones every two-legged trade carries: the spread can compress or flip sign, either leg can be liquidated in a sharp move if margin is thin, and each venue carries its own counterparty risk. See the risk guide before sizing anything, and the strategy guide for the full mechanic.
This page shows current TRUTH rates. The dashboard adds the history behind them: per-venue funding charts, realized 1-day and 7-day yields, spread percentiles over rolling windows, stability scoring, and alerts when a TRUTH spread crosses your threshold.
Request accessTRUTH funding questions
Which exchanges list TRUTH perpetual futures?
TRUTH perps are currently quoted on Extended, Aster, Binance, KuCoin, OKX, Bybit.
What is the current TRUTH funding rate?
Extended: +0.00005% per interval. Aster: +0.00009% per interval. Binance: +0.00020% per interval. KuCoin: +0.00042% per interval. OKX: +0.00065% per interval. Bybit: +0.00090% per interval.
How do you arbitrage TRUTH funding rates?
Open a long position on the venue paying the lowest funding and an equal short on the venue paying the highest, so price moves cancel out and the funding difference accrues. For TRUTH that is currently long Extended against short Bybit. Both legs pay the cross-exchange spread on entry and exit, which has to be earned back before the position is profitable.