TRUTH

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0786%/8h= +86.0% APRnext payment +$3.93 per $10,000 · paid last 24h +0.122%

Price spread now: OKX against MEXC+0.376%7-day average +0.104% · you sell dearer than you buy

Net, funding: paid 7d − costs−$128as in the Funding arb table

Net, price: spread back to 7d avg − costs−$153as in the Price arb table

costs, in and out, $10k−$1801.801% of the position

Long on MEXC Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.522%+$52 on $10k

Price spread, last 4 days (all we have)−0.311%−$31 · spread now +0.376%, 7d avg +0.104%

Together, before fees+0.210%+$21 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and OKX is 0.272% dearer against MEXC than usual: you sell high and buy low: +$27 more if the spread goes back to its 7-day average of +0.104%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.522% in total (about 27.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.93 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC TRUTH_USDT	0.01356	0.0568	pay 0.0284% / 4h	46m 36s	$11.8M	$116K	20x
Short	OKX TRUTH-USDT-SWAP	0.01362	0.1354	get 0.0677% / 4h	46m 36s	$237K	$369K	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 +0.376%Rate

Funding earned: $164.98
Price spread: +0.376% → +0.104%: $27.21
Slippage, 4 orders: −$166.13
Fee MEXC: 2 bp × 2 orders: −$4
Fee OKX: 5 bp × 2 orders: −$10
Net: $12.06
Costs to cover: 1.801%
Break-even: 6.5 days

Slippage from MEXC: live order book, 5 min ago; OKX: live order book, 57 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	3.32 bp	35.7 bp −$36	72.7 bp −$727	230.1 bp −$23.0K	doesn't fit
Sell OKX live order book, 57 min ago	5.87 bp	62.5 bp −$62	doesn't fit	doesn't fit	doesn't fit

TRUTH on 10 exchanges

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
KuCoin TRUTHUSDTM	+0.0100%	4h	0.01352	−0.332%	$1.0M	$52K	10x	as long as short
Gate TRUTH_USDT	+0.0404%	4h	0.01353	−0.251%	$421K	$45K	20x	as long as short
BloFin TRUTH-USDT	+0.0526%	4h	0.01358	+0.118%	$200K	$15K	50x	as long as short
Aster TRUTHUSDT	+0.0565%	4h	0.01357	+0.012%	$36K	$6K	5x	as long as short
Extended TRUTH-USD	+0.0568%	1h	0.01356	−0.062%	$2K	$211K	5x	as long as short
MEXC TRUTH_USDTlong	+0.0568%	4h	0.01356	long leg	$11.8M	$116K	20x
Binance TRUTHUSDT	+0.0569%	4h	0.01356	−0.029%	$4.5M	$1.6M	20x	as long as short
Bybit TRUTHUSDT	+0.0665%	4h	0.01359	+0.177%	$1.3M	$336K	20x	as long as short
BingX TRUTH-USDT	+0.1310%	4h	0.01358	+0.118%	—	$6.5M	—	as long as short
OKX TRUTH-USDT-SWAPshort	+0.1354%	4h	0.01362	+0.376%	$237K	$369K	10x