TRUTH funding rate explained
Right now Swarm Network (TRUTH) perpetual futures trade on 7 exchanges we track. The highest funding is on OKX at +0.119% per day, the lowest on Aster at +0.030%. The average across all venues is +0.043% per day, or about +15.6% a year. Positive funding means TRUTH longs are paying shorts — the market is leaning long.
The gap between the highest and lowest venue is +0.089% per day. A delta-neutral position that shorts TRUTH on OKX and goes long on Aster would collect that difference at each settlement, before trading fees and the price spread between the two contracts. Check the live TRUTH arbitrage page for the price side of the trade.
Settlement intervals differ: TRUTH funding is paid every 4 hours depending on the exchange, so every rate on this page is also shown normalised to 24 hours and as an APR.
Related: TRUTH arbitrage · Swarm Network price · funding rates for all coins.