Settings8H · net · $10k
FundingCostsSizeExchangesMy alerts
Funding arb · Price arb /

TRUST

all TRUST markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 12:00 UTC+0.2502%/8h= +274.0% APRnext payment +$12.51 per $10,000 · paid last 24h +0.792%
Price spread now: BingX against MEXC+0.032%7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$152as in the Price arb table
costs, in and out, $10k−$1501.497% of the position
Long on MEXCShort on BingX
What this pair did over the last
the charts below follow
Funding, last 7 days+0.915%+$91 on $10k
Price spread, last 4 days (all we have)+0.041%+$4 · spread now +0.032%, 7d avg +0.058%
Together, before fees+0.955%+$96 on $10k · with fees, hour by hour
Funding pays, the price is against you. BingX is 0.026% cheaper against MEXC than usual: you would sell low and buy high (spread +0.032% now, against its 7-day average of +0.058%). If the spread goes back, that is −$3 on $10k: about under an hour of funding at the current rate (+$75 a day). At the pace of the last 7 days (+0.915% in total) that is about 5 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.915% in total (about 47.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$12.51 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC TRUST_USDT0.061750.0334pay 0.0167% / 4h3h 05m$212K$104K50x
ShortBingX TRUST-USDT0.061770.2836get 0.1418% / 4h3h 05m—$6.5M—

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against MEXC. 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

Funding earned
$525.42
Price spread: +0.032% → +0.058%
−$2.55
Slippage, 4 orders
−$135.65
Fee MEXC: 2 bp × 2 orders
−$4
Fee BingX: 5 bp × 2 orders
−$10
Net
$373.21
Costs to cover
1.497%
Break-even
2.0 days
Slippage from MEXC: live order book, 66 min ago; BingX: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 66 min ago2.45 bp35.4 bp −$35183.7 bp −$1,837815.7 bp −$81.6Kdoesn't fit
Sell BingX live order book, 6 min ago10.54 bp48.8 bp −$49133.0 bp −$1,3301285.2 bp −$128.5Kdoesn't fit

TRUST on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX TRUST-USDT-SWAP+0.0100%4h0.06181+0.097%$105K$309K10xas long as short
Gate TRUST_USDT+0.0100%8h0.06197+0.356%$507K$27K10xas long as short
KuCoin TRUSTUSDTM+0.0100%4h0.06164−0.178%$294K$778K10xas long as short
Bitget TRUSTUSDT+0.0100%4h0.06194+0.308%$671K$68K10xas long as short
MEXC TRUST_USDTlong+0.0334%4h0.06175long leg$212K$104K50x
Binance TRUSTUSDT+0.0336%4h0.06176+0.016%$1.7M$2.0M10xas long as short
Aster TRUSTUSDT+0.0365%4h0.06160−0.243%$10K$6K5xas long as short
Bybit TRUSTUSDT+0.2688%4h0.06172−0.049%$537K$449K25xas long as short
BingX TRUST-USDTshort+0.2836%4h0.06177+0.032%—$6.5M—
Variational Omni TRUST+0.3839%4h0.06156−0.300%$56K$589—as long as short