TRUTH

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0150%/8h= −16.5% APRnext payment −$0.75 per $10,000 · paid last 24h +0.014%

Price spread now: Bybit against MEXC+0.110%7-day average +0.147% · you sell dearer than you buy

Net, funding: paid 7d − costs−$571as in the Funding arb table

Net, price: spread back to 7d avg − costs−$609as in the Price arb table

costs, in and out, $10k−$6056.053% of the position

Long on MEXC Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.344%+$34 on $10k

Price spread, last 7 days+0.005%+$1 · spread now +0.110%, 7d avg +0.147%

Together, before fees+0.350%+$35 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Bybit is 0.036% cheaper against MEXC than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.147%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.344%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC TRUTH_USDT	0.01359	0.0738	pay 0.0369% / 4h	3h 18m	$11.8M	$133K	20x
Short	Bybit TRUTHUSDT	0.01361	0.0588	get 0.0294% / 4h	3h 18m	$1.3M	$452K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.110%Rate

Funding earned: −$31.6
Price spread: +0.110% → +0.147%: −$3.64
Slippage, 4 orders: −$590.27
Fee MEXC: 2 bp × 2 orders: −$4
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$640.5
Costs to cover: 6.053%
Break-even: never at this rate

Slippage from MEXC: live order book, 4 min ago; Bybit: 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 MEXC live order book, 4 min ago	1.47 bp	41.1 bp −$41	87.9 bp −$879	269.7 bp −$27.0K	doesn't fit
Sell Bybit live order book, 2 min ago	4.04 bp	202.3 bp −$202	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	+0.0446%	4h	0.01358	−0.132%	$425K	$59K	20x	as long as short
Aster TRUTHUSDT	+0.0487%	4h	0.01360	+0.017%	$36K	$6K	5x	as long as short
Bybit TRUTHUSDTshort	+0.0588%	4h	0.01361	+0.110%	$1.3M	$452K	20x
Extended TRUTH-USD	+0.0736%	1h	0.01359	−0.022%	$5K	$179K	5x	as long as short
MEXC TRUTH_USDTlong	+0.0738%	4h	0.01359	long leg	$11.8M	$133K	20x
Binance TRUTHUSDT	+0.0740%	4h	0.01360	+0.007%	$4.3M	$1.6M	20x	as long as short
BloFin TRUTH-USDT	+0.0775%	4h	0.01360	+0.044%	$196K	$13K	50x	as long as short
KuCoin TRUTHUSDTM	+0.0816%	4h	0.01358	−0.110%	$1.1M	$47K	10x	as long as short
BingX TRUTH-USDT	+0.0912%	4h	0.01360	+0.066%	—	$6.5M	—	as long as short
OKX TRUTH-USDT-SWAP	+0.0940%	4h	0.01360	+0.059%	$198K	$294K	10x	as long as short