TRUST

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.3723%/8h= −407.6% APRnext payment −$18.61 per $10,000 · paid last 24h −0.967%

Price spread now: MEXC against Bybit+0.248%7-day average +0.030% · you sell dearer than you buy

Net, funding: paid 7d − costs−$324as in the Funding arb table

Net, price: spread back to 7d avg − costs−$195as in the Price arb table

costs, in and out, $10k−$2162.164% of the position

Long on Bybit Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−1.073%−$107 on $10k

Price spread, last 4 days (all we have)−0.432%−$43 · spread now +0.248%, 7d avg +0.030%

Together, before fees−1.505%−$150 on $10k · with fees, hour by hour

The price spread pays, funding is against you. MEXC is 0.218% dearer against Bybit than usual: you sell high and buy low (spread +0.248% now, against its 7-day average of +0.030%): +$22 on $10k if it goes back. Holding the pair costs −$112 a day in funding at the current rate, which eats that in about 5 hours. At the pace of the last 7 days (−1.073% in total) that is about 34 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -1.073% in total (about -55.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$18.61 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	Bybit TRUSTUSDT	0.06038	0.4057	pay 0.2028% / 4h	2h 50m	$519K	$427K	25x
Short	MEXC TRUST_USDT	0.06053	0.0334	get 0.0167% / 4h	2h 50m	$217K	$101K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Bybit. 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 BybitbpFee MEXCbpOrdersPrice spread, now +0.248%Rate

Funding earned: −$781.79
Price spread: +0.248% → +0.030%: $21.82
Slippage, 4 orders: −$201.42
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$976.39
Costs to cover: 2.164%
Break-even: never at this rate

Slippage from Bybit: live order book, 9 min ago; MEXC: live order book, 55 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 Bybit live order book, 9 min ago	3.29 bp	72.6 bp −$73	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 55 min ago	1.59 bp	43.6 bp −$44	187.2 bp −$1,872	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
OKX TRUST-USDT-SWAP	+0.0100%	4h	0.06066	+0.464%	$117K	$268K	10x	as long as short
Gate TRUST_USDT	+0.0100%	8h	0.06046	+0.132%	$495K	$28K	10x	as long as short
KuCoin TRUSTUSDTM	+0.0100%	4h	0.06050	+0.199%	$283K	$722K	10x	as long as short
Bitget TRUSTUSDT	+0.0100%	4h	0.06028	−0.166%	$647K	$69K	10x	as long as short
MEXC TRUST_USDTshort	+0.0334%	4h	0.06053	+0.248%	$217K	$101K	50x
Binance TRUSTUSDT	+0.0359%	4h	0.06050	+0.199%	$1.6M	$1.7M	10x	as long as short
Aster TRUSTUSDT	+0.0491%	4h	0.06040	+0.033%	$10K	$7K	5x	as long as short
BingX TRUST-USDT	+0.3624%	4h	0.06052	+0.232%	—	$6.5M	—	as long as short
Variational Omni TRUST	+0.3716%	4h	0.06029	−0.156%	$55K	$409	—	as long as short
Bybit TRUSTUSDTlong	+0.4057%	4h	0.06038	long leg	$519K	$427K	25x