TRUTH

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0144%/8h= +15.8% APRnext payment +$0.72 per $10,000 · paid last 24h +0.150%

Price spread now: MEXC against Gate+0.066%7-day average +0.238% · you sell dearer than you buy

Net, funding: paid 7d − costs−$808as in the Funding arb table

Net, price: spread back to 7d avg − costs−$776as in the Price arb table

costs, in and out, $10k−$7597.594% of the position

Long on Gate Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.491%−$49 on $10k

Price spread, last 4 days (all we have)+0.156%+$16 · spread now +0.066%, 7d avg +0.238%

Together, before fees−0.335%−$33 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.171% cheaper against Gate than usual: you would sell low and buy high (spread +0.066% now, against its 7-day average of +0.238%). If the spread goes back, that is −$17 on $10k: about 4.0 days of funding at the current rate (+$4 a day). Mind the row above: over the last 7 days funding on this pair cost −0.491%, 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	Gate TRUTH_USDT	0.01357	0.0100	pay 0.0050% / 4h	47m 38s	$425K	$61K	20x
Short	MEXC TRUTH_USDT	0.01358	0.0244	get 0.0122% / 4h	47m 38s	$11.8M	$131K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Gate. 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 GatebpFee MEXCbpOrdersPrice spread, now +0.066%Rate

Funding earned: $30.24
Price spread: +0.066% → +0.238%: −$17.14
Slippage, 4 orders: −$740.36
Fee Gate: 7.5 bp × 2 orders: −$15
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$746.26
Costs to cover: 7.594%
Break-even: 179.7 days

Slippage from Gate: live order book, 28 min ago; MEXC: live order book, 6 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 Gate live order book, 28 min ago	9.23 bp	327.1 bp −$327	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 6 min ago	3.32 bp	27.2 bp −$27	79.7 bp −$797	239.0 bp −$23.9K	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
Gate TRUTH_USDTlong	+0.0100%	4h	0.01357	long leg	$425K	$61K	20x
KuCoin TRUTHUSDTM	+0.0100%	4h	0.01354	−0.243%	$1.1M	$49K	10x	as long as short
Aster TRUTHUSDT	+0.0166%	4h	0.01357	−0.059%	$36K	$7K	5x	as long as short
BloFin TRUTH-USDT	+0.0208%	4h	0.01357	−0.059%	$196K	$13K	50x	as long as short
MEXC TRUTH_USDTshort	+0.0244%	4h	0.01358	+0.066%	$11.8M	$131K	20x
Binance TRUTHUSDT	+0.0245%	4h	0.01359	+0.128%	$4.3M	$1.6M	20x	as long as short
Extended TRUTH-USD	+0.0248%	1h	0.01359	+0.088%	$3K	$180K	5x	as long as short
Bybit TRUTHUSDT	+0.0365%	4h	0.01358	+0.037%	$1.3M	$455K	20x	as long as short
BingX TRUTH-USDT	+0.0426%	4h	0.01362	+0.368%	—	$6.5M	—	as long as short
OKX TRUTH-USDT-SWAP	+0.0482%	4h	0.01363	+0.413%	$186K	$287K	10x	as long as short