TRUTH

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0668%/8h= +73.1% APRnext payment +$3.34 per $10,000 · paid last 24h +0.078%

Price spread now: MEXC against KuCoin+0.081%7-day average +0.190% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,585as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,590as in the Price arb table

costs, in and out, $10k−$1,57915.788% of the position

Long on KuCoin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.065%−$6 on $10k

Price spread, last 7 days−0.075%−$8 · spread now +0.081%, 7d avg +0.190%

Together, before fees−0.140%−$14 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.109% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.081% now, against its 7-day average of +0.190%). If the spread goes back, that is −$11 on $10k: about 13 hours of funding at the current rate (+$20 a day). Mind the row above: over the last 7 days funding on this pair cost −0.065%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.065% in total (about -3.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.34 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	KuCoin TRUTHUSDTM	0.01361	0.0100	pay 0.0050% / 4h	3h 59m	$1.0M	$53K	10x
Short	MEXC TRUTH_USDT	0.01362	0.0768	get 0.0384% / 4h	3h 59m	$11.9M	$133K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against KuCoin. 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 KuCoinbpFee MEXCbpOrdersPrice spread, now +0.081%Rate

Funding earned: $140.28
Price spread: +0.081% → +0.190%: −$10.88
Slippage, 4 orders: −$1,562.75
Fee KuCoin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$1,449.35
Costs to cover: 15.788%
Break-even: 79.3 days

Slippage from KuCoin: live order book, 5 min ago; MEXC: live order book, 4 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 KuCoin live order book, 5 min ago	17.23 bp	814.0 bp −$814	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 4 min ago	3.30 bp	12.2 bp −$12	64.7 bp −$647	252.1 bp −$25.2K	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	0.01365	+0.279%	$1.3M	$414K	20x	as long as short
KuCoin TRUTHUSDTMlong	+0.0100%	4h	0.01361	long leg	$1.0M	$53K	10x
Aster TRUTHUSDT	+0.0579%	4h	0.01363	+0.146%	$36K	$6K	5x	as long as short
Binance TRUTHUSDT	+0.0764%	4h	0.01362	+0.040%	$4.5M	$1.7M	20x	as long as short
Extended TRUTH-USD	+0.0768%	1h	0.01362	+0.063%	$4K	$211K	5x	as long as short
MEXC TRUTH_USDTshort	+0.0768%	4h	0.01362	+0.081%	$11.9M	$133K	20x
BloFin TRUTH-USDT	+0.0773%	4h	0.01365	+0.287%	$198K	$12K	50x	as long as short
Gate TRUTH_USDT	+0.0808%	4h	0.01360	−0.066%	$423K	$50K	20x	as long as short
BingX TRUTH-USDT	+0.2266%	4h	0.01365	+0.264%	—	$6.5M	—	as long as short
OKX TRUTH-USDT-SWAP	+0.2378%	4h	0.01368	+0.500%	$236K	$360K	10x	as long as short