Funding arb · Price arb /

TRUST

all TRUST markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.099%

Price spread now: OKX against Binance+0.127%7-day average +0.093% · you sell dearer than you buy

Net, funding: paid 7d − costs−$205as in the Funding arb table

Net, price: spread back to 7d avg − costs−$183as in the Price arb table

costs, in and out, $10k−$1871.868% of the position

Long on Binance Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.181%−$18 on $10k

Price spread, last 4 days (all we have)−0.055%−$6 · spread now +0.127%, 7d avg +0.093%

Together, before fees−0.237%−$24 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.035% dearer against Binance than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.093%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance TRUSTUSDT	0.06087	0.0100	pay 0.0050% / 4h	2h 38m	$1.7M	$2.0M	10x
Short	OKX TRUST-USDT-SWAP	0.06095	0.0100	get 0.0050% / 4h	2h 38m	$107K	$299K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee OKXbpOrdersPrice spread, now +0.127%Rate

Funding earned: $0
Price spread: +0.127% → +0.093%: $3.47
Slippage, 4 orders: −$166.82
Fee Binance: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$183.35
Costs to cover: 1.868%
Break-even: never at this rate

Slippage from Binance: live order book, 10 min ago; OKX: live order book, 7 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 Binance live order book, 10 min ago	4.04 bp	44.8 bp −$45	149.7 bp −$1,497	doesn't fit	doesn't fit
Sell OKX live order book, 7 min ago	7.28 bp	64.3 bp −$64	doesn't fit	doesn't fit	doesn't fit

TRUST 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
Aster TRUSTUSDT	+0.0100%	4h	0.06087	+0.004%	$10K	$7K	5x	as long as short
Binance TRUSTUSDTlong	+0.0100%	4h	0.06087	long leg	$1.7M	$2.0M	10x
OKX TRUST-USDT-SWAPshort	+0.0100%	4h	0.06095	+0.127%	$107K	$299K	10x
Gate TRUST_USDT	+0.0100%	8h	0.06106	+0.308%	$499K	$28K	10x	as long as short
MEXC TRUST_USDT	+0.0100%	4h	0.06084	−0.053%	$211K	$102K	50x	as long as short
KuCoin TRUSTUSDTM	+0.0100%	4h	0.06093	+0.094%	$295K	$744K	10x	as long as short
Bitget TRUSTUSDT	+0.0100%	4h	0.06095	+0.127%	$663K	$69K	10x	as long as short
BingX TRUST-USDT	+0.1220%	4h	0.06089	+0.029%	—	$6.5M	—	as long as short
Bybit TRUSTUSDT	+0.1527%	4h	0.06072	−0.250%	$535K	$445K	25x	as long as short
Variational Omni TRUST	+0.1712%	4h	0.06103	+0.259%	$56K	$408	—	as long as short