TRUTH

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0176%/8h= −19.3% APRnext payment −$0.88 per $10,000 · paid last 24h −0.150%

Price spread now: Gate against MEXC−0.140%7-day average −0.238% · you buy dearer than you sell

Net, funding: paid 7d − costs−$731as in the Funding arb table

Net, price: spread back to 7d avg − costs−$771as in the Price arb table

costs, in and out, $10k−$7807.803% of the position

Long on MEXC Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.491%+$49 on $10k

Price spread, last 4 days (all we have)−0.069%−$7 · spread now −0.140%, 7d avg −0.238%

Together, before fees+0.422%+$42 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.098% dearer against MEXC than usual: you sell high and buy low (spread −0.140% now, against its 7-day average of −0.238%): +$10 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 45 hours. Mind the row above: over the last 7 days funding on this pair paid +0.491%, 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	0.01356	0.0276	pay 0.0138% / 4h	58m 40s	$11.8M	$131K	20x
Short	Gate TRUTH_USDT	0.01354	0.0100	get 0.0050% / 4h	58m 40s	$424K	$61K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.140%Rate

Funding earned: −$36.96
Price spread: −0.140% → −0.238%: $9.82
Slippage, 4 orders: −$761.33
Fee MEXC: 2 bp × 2 orders: −$4
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$807.46
Costs to cover: 7.803%
Break-even: never at this rate

Slippage from MEXC: live order book, 5 min ago; Gate: live order book, 17 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	4.80 bp	39.4 bp −$39	68.5 bp −$685	246.7 bp −$24.7K	doesn't fit
Sell Gate live order book, 17 min ago	9.23 bp	375.8 bp −$376	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_USDTshort	+0.0100%	4h	0.01354	−0.140%	$424K	$61K	20x
KuCoin TRUTHUSDTM	+0.0100%	4h	0.01353	−0.221%	$1.1M	$50K	10x	as long as short
BloFin TRUTH-USDT	+0.0221%	4h	0.01357	+0.066%	$196K	$13K	50x	as long as short
Aster TRUTHUSDT	+0.0222%	4h	0.01356	+0.017%	$36K	$7K	5x	as long as short
MEXC TRUTH_USDTlong	+0.0276%	4h	0.01356	long leg	$11.8M	$131K	20x
Binance TRUTHUSDT	+0.0277%	4h	0.01356	+0.022%	$4.3M	$1.6M	20x	as long as short
Extended TRUTH-USD	+0.0280%	1h	0.01356	+0.002%	$3K	$180K	5x	as long as short
Bybit TRUTHUSDT	+0.0354%	4h	0.01359	+0.199%	$1.3M	$453K	20x	as long as short
BingX TRUTH-USDT	+0.0440%	4h	0.01357	+0.074%	—	$6.5M	—	as long as short
OKX TRUTH-USDT-SWAP	+0.0465%	4h	0.01357	+0.103%	$185K	$283K	10x	as long as short