Funding you earn now, next payment 00:00 UTC+0.0196%/8h= +21.5% APRnext payment +$0.98 per $10,000 · paid last 24h +0.150%
Price spread now: MEXC against Gate−0.051%7-day average +0.238% · you buy dearer than you sell
Net, funding: paid 7d − costs−$798as in the Funding arb table
Net, price: spread back to 7d avg − costs−$778as in the Price arb table
costs, in and out, $10k−$7497.490% of the position
Funding, last 7 days−0.491%−$49 on $10k
+Price spread, last 4 days (all we have)+0.273%+$27 · spread now −0.051%, 7d avg +0.238%
=Funding pays, the price is against you. MEXC is 0.289% cheaper against Gate than usual: you would sell low and buy high (spread −0.051% now, against its 7-day average of +0.238%). If the spread goes back, that is −$29 on $10k: about 4.9 days of funding at the current rate (+$6 a day). Mind the row above: over the last 7 days funding on this pair cost −0.491%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate TRUTH_USDT | 0.01365 | 0.0100 | pay 0.0050% / 4h | 34m 08s | $428K | $62K | 20x |
| Short | MEXC TRUTH_USDT | 0.01365 | 0.0296 | get 0.0148% / 4h | 34m 08s | $11.9M | $132K | 20x |
Gate TRUTH_USDT
MEXC TRUTH_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Gate. 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
- $41.16
- Price spread: −0.051% → +0.238%
- −$28.9
- Slippage, 4 orders
- −$729.97
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$736.71
- Costs to cover
- 7.490%
- Break-even
- 132.3 days
Slippage from Gate: live order book, 41 min ago; MEXC: live order book, 4 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 Gate live order book, 41 min ago | 9.23 bp | 327.1 bp −$327 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 2.57 bp | 21.0 bp −$21 | 79.1 bp −$791 | 241.9 bp −$24.2K | 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_USDTlong | +0.0100% | 4h | 0.01365 | long leg | $428K | $62K | 20x | |
| KuCoin TRUTHUSDTM | +0.0216% | 4h | 0.01365 | −0.015% | $1.1M | $50K | 10x | as long as short |
| Aster TRUTHUSDT | +0.0230% | 4h | 0.01360 | −0.377% | $36K | $7K | 5x | as long as short |
| BloFin TRUTH-USDT | +0.0286% | 4h | 0.01366 | +0.073% | $196K | $14K | 50x | as long as short |
| Extended TRUTH-USD | +0.0296% | 1h | 0.01364 | −0.100% | $3K | $180K | 5x | as long as short |
| MEXC TRUTH_USDTshort | +0.0296% | 4h | 0.01365 | −0.051% | $11.9M | $132K | 20x | |
| Binance TRUTHUSDT | +0.0296% | 4h | 0.01365 | −0.015% | $4.3M | $1.7M | 20x | as long as short |
| Bybit TRUTHUSDT | +0.0499% | 4h | 0.01367 | +0.161% | $1.3M | $460K | 20x | as long as short |
| BingX TRUTH-USDT | +0.0510% | 4h | 0.01366 | +0.044% | — | $6.5M | — | as long as short |
| OKX TRUTH-USDT-SWAP | +0.0566% | 4h | 0.01368 | +0.234% | $191K | $295K | 10x | as long as short |
KuCoin TRUTHUSDTM
Aster TRUTHUSDT
BloFin TRUTH-USDT
Extended TRUTH-USD
Binance TRUTHUSDT
Bybit TRUTHUSDT
BingX TRUTH-USDT
OKX TRUTH-USDT-SWAP