Funding you earn now, next payment 04:00 UTC−0.0192%/8h= −21.0% APRnext payment −$0.96 per $10,000 · paid last 24h −0.047%
Price spread now: MEXC against BingX−0.125%7-day average −0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$180as in the Funding arb table
Net, price: spread back to 7d avg − costs−$152as in the Price arb table
costs, in and out, $10k−$1451.453% of the position
Funding, last 7 days−0.343%−$34 on $10k
+Price spread, last 7 days+0.097%+$10 · spread now −0.125%, 7d avg −0.061%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and MEXC is 0.063% cheaper against BingX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.061%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX TRUTH-USDT | 0.01362 | 0.0790 | pay 0.0395% / 4h | 2h 53m | — | $6.5M | — |
| Short | MEXC TRUTH_USDT | 0.01360 | 0.0598 | get 0.0299% / 4h | 2h 53m | $11.8M | $131K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$40.32
- Price spread: −0.125% → −0.061%
- −$6.34
- Slippage, 4 orders
- −$131.34
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$192
- Costs to cover
- 1.453%
- Break-even
- never at this rate
Slippage from BingX: live order book, 12 min ago; MEXC: live order book, 9 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 BingX live order book, 12 min ago | 8.08 bp | 43.0 bp −$43 | 142.9 bp −$1,429 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 9 min ago | 5.51 bp | 33.5 bp −$33 | 81.5 bp −$815 | 246.8 bp −$24.7K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate TRUTH_USDT | +0.0100% | 4h | 0.01358 | −0.242% | $424K | $55K | 20x | as long as short |
| Bybit TRUTHUSDT | +0.0106% | 4h | 0.01362 | +0.044% | $1.3M | $438K | 20x | as long as short |
| Aster TRUTHUSDT | +0.0429% | 4h | 0.01360 | −0.106% | $36K | $6K | 5x | as long as short |
| Binance TRUTHUSDT | +0.0592% | 4h | 0.01360 | −0.154% | $4.3M | $1.6M | 20x | as long as short |
| Extended TRUTH-USD | +0.0592% | 1h | 0.01359 | −0.177% | $3K | $183K | 5x | as long as short |
| MEXC TRUTH_USDTshort | +0.0598% | 4h | 0.01360 | −0.125% | $11.8M | $131K | 20x | |
| KuCoin TRUTHUSDTM | +0.0638% | 4h | 0.01357 | −0.316% | $1.1M | $51K | 10x | as long as short |
| BloFin TRUTH-USDT | +0.0654% | 4h | 0.01362 | 0.000% | $196K | $13K | 50x | as long as short |
| BingX TRUTH-USDTlong | +0.0790% | 4h | 0.01362 | long leg | — | $6.5M | — | |
| OKX TRUTH-USDT-SWAP | +0.0843% | 4h | 0.01365 | +0.250% | $201K | $302K | 10x | as long as short |
BingX TRUTH-USDT
MEXC TRUTH_USDT
Gate TRUTH_USDT
Bybit TRUTHUSDT
Aster TRUTHUSDT
Binance TRUTHUSDT
Extended TRUTH-USD
KuCoin TRUTHUSDTM
BloFin TRUTH-USDT
OKX TRUTH-USDT-SWAP