TRUTH

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0017%/8h= −1.9% APRnext payment −$0.09 per $10,000 · paid last 24h −0.001%

Price spread now: BloFin against MEXC+0.029%7-day average +0.005% · you sell dearer than you buy

Net, funding: paid 7d − costs−$135as in the Funding arb table

Net, price: spread back to 7d avg − costs−$133as in the Price arb table

costs, in and out, $10k−$1361.357% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.007%+$1 on $10k

Price spread, last 3 days (all we have)+0.007%+$1 · spread now +0.029%, 7d avg +0.005%

Together, before fees+0.014%+$1 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.025% dearer against MEXC than usual: you sell high and buy low (spread +0.029% now, against its 7-day average of +0.005%): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC TRUTH_USDT	0.01361	0.0560	pay 0.0280% / 4h	2h 49m	$11.9M	$131K	20x
Short	BloFin TRUTH-USDT	0.01361	0.0543	get 0.0271% / 4h	2h 49m	$197K	$13K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.029%Rate

Funding earned: −$3.64
Price spread: +0.029% → +0.005%: $2.47
Slippage, 4 orders: −$119.69
Fee MEXC: 2 bp × 2 orders: −$4
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$136.87
Costs to cover: 1.357%
Break-even: never at this rate

Slippage from MEXC: live order book, 4 min ago; BloFin: live order book, 11 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, 4 min ago	4.78 bp	34.6 bp −$35	81.2 bp −$812	211.9 bp −$21.2K	doesn't fit
Sell BloFin live order book, 11 min ago	2.95 bp	24.3 bp −$24	doesn't fit	doesn't fit	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	0.01357	−0.243%	$424K	$55K	20x	as long as short
Bybit TRUTHUSDT	+0.0110%	4h	0.01363	+0.198%	$1.3M	$436K	20x	as long as short
Aster TRUTHUSDT	+0.0423%	4h	0.01361	+0.028%	$36K	$6K	5x	as long as short
BloFin TRUTH-USDTshort	+0.0543%	4h	0.01361	+0.029%	$197K	$13K	50x
Extended TRUTH-USD	+0.0560%	1h	0.01360	−0.061%	$3K	$183K	5x	as long as short
MEXC TRUTH_USDTlong	+0.0560%	4h	0.01361	long leg	$11.9M	$131K	20x
Binance TRUTHUSDT	+0.0562%	4h	0.01360	−0.037%	$4.3M	$1.6M	20x	as long as short
KuCoin TRUTHUSDTM	+0.0624%	4h	0.01359	−0.096%	$1.1M	$51K	10x	as long as short
BingX TRUTH-USDT	+0.0806%	4h	0.01362	+0.118%	—	$6.5M	—	as long as short
OKX TRUTH-USDT-SWAP	+0.0854%	4h	0.01363	+0.198%	$200K	$301K	10x	as long as short