TRUTH

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0440%/8h= +48.2% APRnext payment +$2.20 per $10,000 · paid last 24h −0.014%

Price spread now: MEXC against Bybit−0.007%7-day average −0.148% · you buy dearer than you sell

Net, funding: paid 7d − costs−$590as in the Funding arb table

Net, price: spread back to 7d avg − costs−$541as in the Price arb table

costs, in and out, $10k−$5555.551% of the position

Long on Bybit Short on MEXC

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−0.105%−$10 · spread now −0.007%, 7d avg −0.148%

Together, before fees−0.449%−$45 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and MEXC is 0.140% dearer against Bybit than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.148%. Mind the row above: over the last 7 days funding on this pair cost −0.344%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit TRUTHUSDT	0.01354	0.0100	pay 0.0050% / 4h	2h 40m	$1.3M	$448K	20x
Short	MEXC TRUTH_USDT	0.01354	0.0540	get 0.0270% / 4h	2h 40m	$11.8M	$132K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Bybit. 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 BybitbpFee MEXCbpOrdersPrice spread, now −0.007%Rate

Funding earned: $92.4
Price spread: −0.007% → −0.148%: $14.05
Slippage, 4 orders: −$540.13
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$448.68
Costs to cover: 5.551%
Break-even: 41.0 days

Slippage from Bybit: live order book, 5 min ago; MEXC: live order book, 3 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 Bybit live order book, 5 min ago	6.99 bp	362.5 bp −$363	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	3.68 bp	11.7 bp −$12	64.0 bp −$640	251.0 bp −$25.1K	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 TRUTHUSDTlong	+0.0100%	4h	0.01354	long leg	$1.3M	$448K	20x
Gate TRUTH_USDT	+0.0100%	4h	0.01352	−0.177%	$422K	$55K	20x	as long as short
Aster TRUTHUSDT	+0.0422%	4h	0.01355	+0.062%	$36K	$6K	5x	as long as short
MEXC TRUTH_USDTshort	+0.0540%	4h	0.01354	−0.007%	$11.8M	$132K	20x
Binance TRUTHUSDT	+0.0542%	4h	0.01353	−0.096%	$4.3M	$1.6M	20x	as long as short
BloFin TRUTH-USDT	+0.0543%	4h	0.01361	+0.495%	$197K	$13K	50x	as long as short
Extended TRUTH-USD	+0.0544%	1h	0.01352	−0.148%	$3K	$180K	5x	as long as short
KuCoin TRUTHUSDTM	+0.0568%	4h	0.01351	−0.222%	$1.0M	$51K	10x	as long as short
BingX TRUTH-USDT	+0.0846%	4h	0.01354	−0.044%	—	$6.5M	—	as long as short
OKX TRUTH-USDT-SWAP	+0.0895%	4h	0.01355	+0.044%	$201K	$301K	10x	as long as short