TRUTH

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0958%/8h= +104.9% APRnext payment +$4.79 per $10,000 · paid last 24h +0.079%

Price spread now: BingX against MEXC+0.109%7-day average +0.065% · you sell dearer than you buy

Net, funding: paid 7d − costs−$64as in the Funding arb table

Net, price: spread back to 7d avg − costs−$99as in the Price arb table

costs, in and out, $10k−$1041.035% of the position

Long on MEXC Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.394%+$39 on $10k

Price spread, last 7 days−0.021%−$2 · spread now +0.109%, 7d avg +0.065%

Together, before fees+0.372%+$37 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$29 a day on $10k at the current rate, and BingX is 0.045% dearer against MEXC than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.065%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.394% in total (about 20.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.79 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	MEXC TRUTH_USDT	0.01370	0.0812	pay 0.0406% / 4h	1h 42m	$11.9M	$132K	20x
Short	BingX TRUTH-USDT	0.01372	0.1770	get 0.0885% / 4h	1h 42m	—	$6.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against MEXC. 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 MEXCbpFee BingXbpOrdersPrice spread, now +0.109%Rate

Funding earned: $201.18
Price spread: +0.109% → +0.065%: $4.49
Slippage, 4 orders: −$89.52
Fee MEXC: 2 bp × 2 orders: −$4
Fee BingX: 5 bp × 2 orders: −$10
Net: $102.14
Costs to cover: 1.035%
Break-even: 3.4 days

Slippage from MEXC: live order book, 5 min ago; BingX: live order book, 8 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 MEXC live order book, 5 min ago	5.47 bp	13.7 bp −$14	70.5 bp −$705	216.7 bp −$21.7K	doesn't fit
Sell BingX live order book, 8 min ago	8.76 bp	35.6 bp −$36	99.5 bp −$995	1031.8 bp −$103.2K	1313.8 bp −$656.9K

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	0.01371	+0.080%	$1.3M	$426K	20x	as long as short
KuCoin TRUTHUSDTM	+0.0100%	4h	0.01367	−0.248%	$1.0M	$51K	10x	as long as short
Aster TRUTHUSDT	+0.0594%	4h	0.01367	−0.263%	$36K	$6K	5x	as long as short
BloFin TRUTH-USDT	+0.0755%	4h	0.01369	−0.066%	$199K	$12K	50x	as long as short
Gate TRUTH_USDT	+0.0778%	4h	0.01368	−0.168%	$426K	$52K	20x	as long as short
MEXC TRUTH_USDTlong	+0.0812%	4h	0.01370	long leg	$11.9M	$132K	20x
Binance TRUTHUSDT	+0.0813%	4h	0.01370	−0.029%	$4.4M	$1.6M	20x	as long as short
Extended TRUTH-USD	+0.0816%	1h	0.01369	−0.055%	$2K	$267K	5x	as long as short
BingX TRUTH-USDTshort	+0.1770%	4h	0.01372	+0.109%	—	$6.5M	—
OKX TRUTH-USDT-SWAP	+0.1866%	4h	0.01372	+0.168%	$230K	$341K	10x	as long as short