TRUTH

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0048%/8h= −5.3% APRnext payment −$0.24 per $10,000 · paid last 24h −0.149%

Price spread now: Gate against MEXC−0.088%7-day average −0.234% · you buy dearer than you sell

Net, funding: paid 7d − costs−$616as in the Funding arb table

Net, price: spread back to 7d avg − costs−$649as in the Price arb table

costs, in and out, $10k−$6636.632% of the position

Long on MEXC Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.477%+$48 on $10k

Price spread, last 4 days (all we have)−0.168%−$17 · spread now −0.088%, 7d avg −0.234%

Together, before fees+0.309%+$31 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.145% dearer against MEXC than usual: you sell high and buy low (spread −0.088% now, against its 7-day average of −0.234%): +$15 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 10 days. Mind the row above: over the last 7 days funding on this pair paid +0.477%, 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	0.0698	pay 0.0349% / 4h	1h 58m	$11.8M	$130K	20x
Short	Gate TRUTH_USDT	0.01358	0.0650	get 0.0325% / 4h	1h 58m	$422K	$56K	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 −0.088%Rate

Funding earned: −$10.08
Price spread: −0.088% → −0.234%: $14.53
Slippage, 4 orders: −$644.22
Fee MEXC: 2 bp × 2 orders: −$4
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$658.77
Costs to cover: 6.632%
Break-even: never at this rate

Slippage from MEXC: live order book, 4 min ago; Gate: 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	2.94 bp	36.2 bp −$36	82.3 bp −$823	262.0 bp −$26.2K	doesn't fit
Sell Gate live order book, 2 min ago	15.83 bp	348.4 bp −$348	doesn't fit	doesn't fit	doesn't fit

TRUTH on 9 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	0.01362	+0.191%	$1.3M	$439K	20x	as long as short
Gate TRUTH_USDTshort	+0.0650%	4h	0.01358	−0.088%	$422K	$56K	20x
Aster TRUTHUSDT	+0.0665%	4h	0.01359	+0.015%	$36K	$6K	5x	as long as short
MEXC TRUTH_USDTlong	+0.0698%	4h	0.01359	long leg	$11.8M	$130K	20x
Extended TRUTH-USD	+0.0704%	1h	0.01359	+0.006%	$856	$180K	5x	as long as short
Binance TRUTHUSDT	+0.0704%	4h	0.01358	−0.037%	$4.4M	$1.6M	20x	as long as short
KuCoin TRUTHUSDTM	+0.1128%	4h	0.01359	+0.029%	$1.0M	$52K	10x	as long as short
BingX TRUTH-USDT	+0.1296%	4h	0.01361	+0.125%	—	$6.5M	—	as long as short
OKX TRUTH-USDT-SWAP	+0.1400%	4h	0.01363	+0.287%	$221K	$314K	10x	as long as short