TRUST

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.1906%/8h= −208.7% APRnext payment −$9.53 per $10,000 · paid last 24h −0.756%

Price spread now: Bitget against BingX+0.114%7-day average 0.000% · you sell dearer than you buy

Net, funding: paid 7d − costs−$795as in the Funding arb table

Net, price: spread back to 7d avg − costs−$683as in the Price arb table

costs, in and out, $10k−$6946.945% of the position

Long on BingX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−1.008%−$101 on $10k

Price spread, last 4 days (all we have)−0.194%−$19 · spread now +0.114%, 7d avg 0.000%

Together, before fees−1.202%−$120 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.114% dearer against BingX than usual: you sell high and buy low (spread +0.114% now, against its 7-day average of 0.000%): +$11 on $10k if it goes back. Holding the pair costs −$57 a day in funding at the current rate, which eats that in about 5 hours. At the pace of the last 7 days (−1.008% in total) that is about 19 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -1.008% in total (about -52.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$9.53 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX TRUST-USDT	0.06122	0.2006	pay 0.1003% / 4h	2h 01m	—	$6.5M	—
Short	Bitget TRUSTUSDT	0.06129	0.0100	get 0.0050% / 4h	2h 01m	$665K	$69K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against BingX. 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 BingXbpFee BitgetbpOrdersPrice spread, now +0.114%Rate

Funding earned: −$400.26
Price spread: +0.114% → 0.000%: $11.39
Slippage, 4 orders: −$672.46
Fee BingX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$1,083.33
Costs to cover: 6.945%
Break-even: never at this rate

Slippage from BingX: live order book, 5 min ago; Bitget: live order book, 44 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 BingX live order book, 5 min ago	8.16 bp	42.3 bp −$42	94.4 bp −$944	875.1 bp −$87.5K	1211.8 bp −$605.9K
Sell Bitget live order book, 44 min ago	10.50 bp	202.1 bp −$202	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	0.06120	−0.033%	$10K	$6K	5x	as long as short
Binance TRUSTUSDT	+0.0100%	4h	0.06121	−0.016%	$1.7M	$2.0M	10x	as long as short
OKX TRUST-USDT-SWAP	+0.0100%	4h	0.06129	+0.114%	$105K	$309K	10x	as long as short
Gate TRUST_USDT	+0.0100%	8h	0.06135	+0.212%	$502K	$28K	10x	as long as short
MEXC TRUST_USDT	+0.0100%	4h	0.06123	+0.016%	$213K	$104K	50x	as long as short
KuCoin TRUSTUSDTM	+0.0100%	4h	0.06139	+0.278%	$296K	$750K	10x	as long as short
Bitget TRUSTUSDTshort	+0.0100%	4h	0.06129	+0.114%	$665K	$69K	10x
Variational Omni TRUST	+0.1991%	4h	0.06123	+0.015%	$56K	$589	—	as long as short
BingX TRUST-USDTlong	+0.2006%	4h	0.06122	long leg	—	$6.5M	—
Bybit TRUSTUSDT	+0.2309%	4h	0.06113	−0.147%	$535K	$447K	25x	as long as short