TRUTH

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0009%/8h= +1.0% APRnext payment +$0.05 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Binance−0.029%7-day average −0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$128as in the Funding arb table

Net, price: spread back to 7d avg − costs−$130as in the Price arb table

costs, in and out, $10k−$1281.276% of the position

Long on Binance Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.003%$0 on $10k

Price spread, last 7 days+0.037%+$4 · spread now −0.029%, 7d avg −0.004%

Together, before fees+0.033%+$3 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.025% cheaper against Binance than usual: you would sell low and buy high (spread −0.029% now, against its 7-day average of −0.004%). If the spread goes back, that is −$2 on $10k: about 8.8 days of funding at the current rate ($0 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance TRUTHUSDT	0.01359	0.0589	pay 0.0294% / 4h	1h 16m	$4.4M	$1.6M	20x
Short	MEXC TRUTH_USDT	0.01358	0.0598	get 0.0299% / 4h	1h 16m	$11.8M	$133K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Binance. 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 BinancebpFee MEXCbpOrdersPrice spread, now −0.029%Rate

Funding earned: $1.98
Price spread: −0.029% → −0.004%: −$2.49
Slippage, 4 orders: −$113.61
Fee Binance: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$128.12
Costs to cover: 1.276%
Break-even: 460.4 days

Slippage from Binance: live order book, 6 min ago; MEXC: live order book, 2 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 Binance live order book, 6 min ago	2.94 bp	39.7 bp −$40	327.3 bp −$3,273	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	2.58 bp	18.3 bp −$18	77.6 bp −$776	261.0 bp −$26.1K	doesn't fit

TRUTH 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
Bybit TRUTHUSDT	+0.0100%	4h	0.01360	+0.082%	$1.3M	$410K	20x	as long as short
Gate TRUTH_USDT	+0.0412%	4h	0.01354	−0.382%	$421K	$57K	20x	as long as short
Aster TRUTHUSDT	+0.0503%	4h	0.01355	−0.283%	$36K	$6K	5x	as long as short
Binance TRUTHUSDTlong	+0.0589%	4h	0.01359	long leg	$4.4M	$1.6M	20x
MEXC TRUTH_USDTshort	+0.0598%	4h	0.01358	−0.029%	$11.8M	$133K	20x
Extended TRUTH-USD	+0.0600%	1h	0.01356	−0.211%	$2K	$180K	5x	as long as short
BloFin TRUTH-USDT	+0.0629%	4h	0.01356	−0.227%	$198K	$12K	50x	as long as short
KuCoin TRUTHUSDTM	+0.1030%	4h	0.01356	−0.205%	$1.0M	$50K	10x	as long as short
BingX TRUTH-USDT	+0.1512%	4h	0.01359	+0.030%	—	$6.5M	—	as long as short
OKX TRUTH-USDT-SWAP	+0.1604%	4h	0.01361	+0.133%	$217K	$319K	10x	as long as short