Funding arb · Price arb /

TRUST

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.077%

Price spread now: KuCoin against MEXC−0.016%7-day average +0.015% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1,542as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,532as in the Price arb table

costs, in and out, $10k−$1,52915.292% of the position

Long on MEXC Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.127%−$13 on $10k

Price spread, last 4 days (all we have)+0.017%+$2 · spread now −0.016%, 7d avg +0.015%

Together, before fees−0.111%−$11 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: KuCoin is 0.031% cheaper against MEXC than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.015%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC TRUST_USDT	0.06134	0.0100	pay 0.0050% / 4h	1h 58m	$213K	$101K	50x
Short	KuCoin TRUSTUSDTM	0.06133	0.0100	get 0.0050% / 4h	58m 02s	$297K	$749K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee MEXCbpFee KuCoinbpOrdersPrice spread, now −0.016%Rate

Funding earned: $0
Price spread: −0.016% → +0.015%: −$3.1
Slippage, 4 orders: −$1,513.16
Fee MEXC: 2 bp × 2 orders: −$4
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,532.26
Costs to cover: 15.292%
Break-even: never at this rate

Slippage from MEXC: live order book, 23 min ago; KuCoin: live order book, 11 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 MEXC live order book, 23 min ago	3.29 bp	24.4 bp −$24	158.4 bp −$1,584	691.4 bp −$69.1K	doesn't fit
Sell KuCoin live order book, 11 min ago	14.65 bp	658.8 bp −$659	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	−0.228%	$10K	$6K	5x	as long as short
Binance TRUSTUSDT	+0.0100%	4h	0.06136	+0.033%	$1.7M	$2.0M	10x	as long as short
OKX TRUST-USDT-SWAP	+0.0100%	4h	0.06136	+0.033%	$105K	$310K	10x	as long as short
Gate TRUST_USDT	+0.0100%	8h	0.06135	+0.016%	$502K	$27K	10x	as long as short
MEXC TRUST_USDTlong	+0.0100%	4h	0.06134	long leg	$213K	$101K	50x
KuCoin TRUSTUSDTMshort	+0.0100%	4h	0.06133	−0.016%	$297K	$749K	10x
Bitget TRUSTUSDT	+0.0100%	4h	0.06140	+0.098%	$666K	$69K	10x	as long as short
BingX TRUST-USDT	+0.2006%	4h	0.06134	0.000%	—	$6.5M	—	as long as short
Variational Omni TRUST	+0.2180%	4h	0.06112	−0.361%	$56K	$589	—	as long as short
Bybit TRUSTUSDT	+0.2477%	4h	0.06113	−0.342%	$535K	$447K	25x	as long as short