TRUTH

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0762%/8h= +83.4% APRnext payment +$3.81 per $10,000 · paid last 24h +0.078%

Price spread now: MEXC against KuCoin+0.110%7-day average +0.190% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,778as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,779as in the Price arb table

costs, in and out, $10k−$1,77117.714% of the position

Long on KuCoin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.065%−$6 on $10k

Price spread, last 7 days−0.104%−$10 · spread now +0.110%, 7d avg +0.190%

Together, before fees−0.169%−$17 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.080% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.110% now, against its 7-day average of +0.190%). If the spread goes back, that is −$8 on $10k: about 8 hours of funding at the current rate (+$23 a day). Mind the row above: over the last 7 days funding on this pair cost −0.065%, 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 -0.065% in total (about -3.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.81 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	KuCoin TRUTHUSDTM	0.01366	0.0100	pay 0.0050% / 4h	40m 31s	$1.0M	$52K	10x
Short	MEXC TRUTH_USDT	0.01367	0.0862	get 0.0431% / 4h	40m 31s	$11.9M	$134K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against KuCoin. 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 KuCoinbpFee MEXCbpOrdersPrice spread, now +0.110%Rate

Funding earned: $160.02
Price spread: +0.110% → +0.190%: −$7.98
Slippage, 4 orders: −$1,755.42
Fee KuCoin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$1,619.38
Costs to cover: 17.714%
Break-even: 77.8 days

Slippage from KuCoin: live order book, 4 min ago; MEXC: live order book, 3 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 KuCoin live order book, 4 min ago	22.70 bp	874.9 bp −$875	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	2.19 bp	8.1 bp −$8	48.3 bp −$483	245.4 bp −$24.5K	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
KuCoin TRUTHUSDTMlong	+0.0100%	4h	0.01366	long leg	$1.0M	$52K	10x
Bybit TRUTHUSDT	+0.0636%	4h	0.01370	+0.330%	$1.3M	$416K	20x	as long as short
Aster TRUTHUSDT	+0.0725%	4h	0.01366	+0.010%	$36K	$5K	5x	as long as short
BloFin TRUTH-USDT	+0.0821%	4h	0.01367	+0.088%	$199K	$12K	50x	as long as short
Binance TRUTHUSDT	+0.0861%	4h	0.01366	+0.059%	$4.5M	$1.6M	20x	as long as short
MEXC TRUTH_USDTshort	+0.0862%	4h	0.01367	+0.110%	$11.9M	$134K	20x
Extended TRUTH-USD	+0.0864%	1h	0.01366	+0.061%	$4K	$187K	5x	as long as short
Gate TRUTH_USDT	+0.0866%	4h	0.01368	+0.161%	$425K	$51K	20x	as long as short
BingX TRUTH-USDT	+0.1970%	4h	0.01370	+0.293%	—	$6.5M	—	as long as short
OKX TRUTH-USDT-SWAP	+0.2091%	4h	0.01373	+0.520%	$235K	$353K	10x	as long as short