Funding you earn now, next payment 04:00 UTC+0.0580%/8h= +63.5% APRnext payment +$2.90 per $10,000 · paid last 24h −0.014%
Price spread now: MEXC against Bybit−0.044%7-day average −0.148% · you buy dearer than you sell
Net, funding: paid 7d − costs−$550as in the Funding arb table
Net, price: spread back to 7d avg − costs−$505as in the Price arb table
costs, in and out, $10k−$5155.153% of the position
Funding, last 7 days−0.344%−$34 on $10k
+Price spread, last 7 days−0.068%−$7 · spread now −0.044%, 7d avg −0.148%
=Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and MEXC is 0.104% dearer against Bybit than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.148%. Mind the row above: over the last 7 days funding on this pair cost −0.344%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.344% in total (about -18.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.90 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TRUTHUSDT | 0.01361 | 0.0100 | pay 0.0050% / 4h | 2h 06m | $1.3M | $443K | 20x |
| Short | MEXC TRUTH_USDT | 0.01360 | 0.0680 | get 0.0340% / 4h | 2h 06m | $11.8M | $133K | 20x |
Bybit TRUTHUSDT
MEXC TRUTH_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Bybit. 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
- $121.8
- Price spread: −0.044% → −0.148%
- $10.38
- Slippage, 4 orders
- −$500.33
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$383.15
- Costs to cover
- 5.153%
- Break-even
- 29.0 days
Slippage from Bybit: live order book, 5 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 Bybit live order book, 5 min ago | 4.41 bp | 288.6 bp −$289 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 1.10 bp | 10.9 bp −$11 | 68.0 bp −$680 | 228.9 bp −$22.9K | doesn't fit |
TRUTH on 9 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 TRUTHUSDTlong | +0.0100% | 4h | 0.01361 | long leg | $1.3M | $443K | 20x | |
| Gate TRUTH_USDT | +0.0518% | 4h | 0.01358 | −0.213% | $422K | $58K | 20x | as long as short |
| Aster TRUTHUSDT | +0.0639% | 4h | 0.01359 | −0.110% | $36K | $6K | 5x | as long as short |
| MEXC TRUTH_USDTshort | +0.0680% | 4h | 0.01360 | −0.044% | $11.8M | $133K | 20x | |
| Binance TRUTHUSDT | +0.0686% | 4h | 0.01360 | −0.041% | $4.4M | $1.6M | 20x | as long as short |
| Extended TRUTH-USD | +0.0688% | 1h | 0.01360 | −0.074% | $856 | $183K | 5x | as long as short |
| KuCoin TRUTHUSDTM | +0.1092% | 4h | 0.01360 | −0.051% | $1.0M | $52K | 10x | as long as short |
| BingX TRUTH-USDT | +0.1246% | 4h | 0.01361 | +0.037% | — | $6.5M | — | as long as short |
| OKX TRUTH-USDT-SWAP | +0.1330% | 4h | 0.01361 | +0.022% | $221K | $313K | 10x | as long as short |
Gate TRUTH_USDT
Aster TRUTHUSDT
Binance TRUTHUSDT
Extended TRUTH-USD
KuCoin TRUTHUSDTM
BingX TRUTH-USDT
OKX TRUTH-USDT-SWAP