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% APRpaid last 24h +0.102%

Price spread now: MEXC against Gate+0.016%7-day average −0.293% · you sell dearer than you buy

Net, funding: paid 7d − costs−$495as in the Funding arb table

Net, price: spread back to 7d avg − costs−$483as in the Price arb table

costs, in and out, $10k−$5145.135% of the position

Long on Gate Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.183%+$18 on $10k

Price spread, last 4 days (all we have)−0.330%−$33 · spread now +0.016%, 7d avg −0.293%

Together, before fees−0.146%−$15 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: MEXC is 0.309% dearer against Gate than usual: you sell high and buy low, +$31 on $10k if it goes back to its 7-day average of −0.293%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate TRUST_USDT	0.06184	0.0100	pay 0.0100% / 8h	3h 32m	$505K	$28K	10x
Short	MEXC TRUST_USDT	0.06185	0.0100	get 0.0050% / 4h	3h 32m	$215K	$102K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Gate. 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 GatebpFee MEXCbpOrdersPrice spread, now +0.016%Rate

Funding earned: $0
Price spread: +0.016% → −0.293%: $30.91
Slippage, 4 orders: −$494.5
Fee Gate: 7.5 bp × 2 orders: −$15
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$482.59
Costs to cover: 5.135%
Break-even: never at this rate

Slippage from Gate: live order book, 18 min ago; MEXC: live order book, 58 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 Gate live order book, 18 min ago	29.89 bp	200.4 bp −$200	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 58 min ago	1.63 bp	38.5 bp −$38	188.4 bp −$1,884	907.8 bp −$90.8K	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
Binance TRUSTUSDT	+0.0100%	4h	0.06183	−0.016%	$1.7M	$2.0M	10x	as long as short
OKX TRUST-USDT-SWAP	+0.0100%	4h	0.06183	−0.016%	$112K	$297K	10x	as long as short
Gate TRUST_USDTlong	+0.0100%	8h	0.06184	long leg	$505K	$28K	10x
MEXC TRUST_USDTshort	+0.0100%	4h	0.06185	+0.016%	$215K	$102K	50x
KuCoin TRUSTUSDTM	+0.0100%	4h	0.06195	+0.178%	$302K	$735K	10x	as long as short
Bitget TRUSTUSDT	+0.0100%	4h	0.06201	+0.275%	$675K	$70K	10x	as long as short
Aster TRUSTUSDT	+0.0125%	4h	0.06180	−0.065%	$10K	$7K	5x	as long as short
Bybit TRUSTUSDT	+0.1175%	4h	0.06169	−0.243%	$545K	$444K	25x	as long as short
BingX TRUST-USDT	+0.2000%	4h	0.06184	0.000%	—	$6.5M	—	as long as short
Variational Omni TRUST	+0.2534%	4h	0.06173	−0.179%	$56K	$408	—	as long as short