TRUTH

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.1028%/8h= +112.6% APRnext payment +$5.14 per $10,000 · paid last 24h +0.005%

Price spread now: OKX against MEXC+0.265%7-day average +0.101% · you sell dearer than you buy

Net, funding: paid 7d − costs−$157as in the Funding arb table

Net, price: spread back to 7d avg − costs−$177as in the Price arb table

costs, in and out, $10k−$1941.936% of the position

Long on MEXC Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.362%+$36 on $10k

Price spread, last 4 days (all we have)−0.319%−$32 · spread now +0.265%, 7d avg +0.101%

Together, before fees+0.043%+$4 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$31 a day on $10k at the current rate, and OKX is 0.164% dearer against MEXC than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.101%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.362% in total (about 18.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.14 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	0.01358	0.0582	pay 0.0291% / 4h	1h 14m	$11.8M	$133K	20x
Short	OKX TRUTH-USDT-SWAP	0.01362	0.1610	get 0.0805% / 4h	1h 14m	$217K	$319K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.265%Rate

Funding earned: $215.94
Price spread: +0.265% → +0.101%: $16.4
Slippage, 4 orders: −$179.61
Fee MEXC: 2 bp × 2 orders: −$4
Fee OKX: 5 bp × 2 orders: −$10
Net: $38.73
Costs to cover: 1.936%
Break-even: 5.7 days

Slippage from MEXC: live order book, 4 min ago; OKX: live order book, 46 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	2.58 bp	38.8 bp −$39	83.3 bp −$833	261.3 bp −$26.1K	doesn't fit
Sell OKX live order book, 46 min ago	2.94 bp	65.3 bp −$65	564.8 bp −$5,648	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
Bybit TRUTHUSDT	+0.0100%	4h	0.01360	+0.177%	$1.3M	$410K	20x	as long as short
Gate TRUTH_USDT	+0.0436%	4h	0.01354	−0.324%	$421K	$57K	20x	as long as short
Aster TRUTHUSDT	+0.0500%	4h	0.01355	−0.196%	$36K	$6K	5x	as long as short
MEXC TRUTH_USDTlong	+0.0582%	4h	0.01358	long leg	$11.8M	$133K	20x
Binance TRUTHUSDT	+0.0582%	4h	0.01359	+0.038%	$4.4M	$1.6M	20x	as long as short
Extended TRUTH-USD	+0.0584%	1h	0.01357	−0.071%	$2K	$180K	5x	as long as short
BloFin TRUTH-USDT	+0.0610%	4h	0.01359	+0.059%	$199K	$12K	50x	as long as short
KuCoin TRUTHUSDTM	+0.1022%	4h	0.01355	−0.228%	$1.0M	$50K	10x	as long as short
BingX TRUTH-USDT	+0.1524%	4h	0.01359	+0.110%	—	$6.5M	—	as long as short
OKX TRUTH-USDT-SWAPshort	+0.1610%	4h	0.01362	+0.265%	$217K	$319K	10x