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% APRnext payment +$0.00 per $10,000 · paid last 24h +0.098%

Price spread now: MEXC against OKX+0.032%7-day average −0.093% · you sell dearer than you buy

Net, funding: paid 7d − costs−$166as in the Funding arb table

Net, price: spread back to 7d avg − costs−$171as in the Price arb table

costs, in and out, $10k−$1841.838% of the position

Long on OKX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.180%+$18 on $10k

Price spread, last 4 days (all we have)−0.177%−$18 · spread now +0.032%, 7d avg −0.093%

Together, before fees+0.003%$0 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 0.125% dearer against OKX than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.093%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX TRUST-USDT-SWAP	0.06183	0.0100	pay 0.0050% / 4h	3h 30m	$112K	$297K	10x
Short	MEXC TRUST_USDT	0.06185	0.0100	get 0.0050% / 4h	3h 30m	$215K	$103K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against OKX. 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 OKXbpFee MEXCbpOrdersPrice spread, now +0.032%Rate

Funding earned: $0
Price spread: +0.032% → −0.093%: $12.52
Slippage, 4 orders: −$169.82
Fee OKX: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$171.3
Costs to cover: 1.838%
Break-even: never at this rate

Slippage from OKX: live order book, 20 min ago; MEXC: live order book, 60 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 OKX live order book, 20 min ago	16.20 bp	56.1 bp −$56	12667.7 bp −$126.7K	doesn't fit	doesn't fit
Sell MEXC live order book, 60 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	0.000%	$1.7M	$2.0M	10x	as long as short
OKX TRUST-USDT-SWAPlong	+0.0100%	4h	0.06183	long leg	$112K	$297K	10x
Gate TRUST_USDT	+0.0100%	8h	0.06184	+0.016%	$505K	$28K	10x	as long as short
MEXC TRUST_USDTshort	+0.0100%	4h	0.06185	+0.032%	$215K	$103K	50x
KuCoin TRUSTUSDTM	+0.0100%	4h	0.06193	+0.162%	$302K	$735K	10x	as long as short
Bitget TRUSTUSDT	+0.0100%	4h	0.06200	+0.275%	$675K	$70K	10x	as long as short
Aster TRUSTUSDT	+0.0122%	4h	0.06180	−0.049%	$10K	$7K	5x	as long as short
Bybit TRUSTUSDT	+0.0890%	4h	0.06169	−0.226%	$545K	$443K	25x	as long as short
BingX TRUST-USDT	+0.1382%	4h	0.06185	+0.032%	—	$6.5M	—	as long as short
Variational Omni TRUST	+0.2378%	4h	0.06174	−0.139%	$56K	$408	—	as long as short