Funding you earn now, next payment 04:00 UTC−0.0022%/8h= −2.4% APRnext payment −$0.11 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance−0.020%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1171.167% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.545%+$54 · spread now −0.020%, 7d avg +0.003%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and MEXC is 0.023% cheaper against Binance than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.003%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance RECALLUSDT | 0.04529 | 0.0736 | pay 0.0368% / 4h | 1h 14m | $1.4M | $856K | 40x |
| Short | MEXC RECALL_USDT | 0.04528 | 0.0714 | get 0.0357% / 4h | 1h 14m | $493K | $137K | 50x |
Binance RECALLUSDT
MEXC RECALL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$4.66
- Price spread: −0.020% → +0.003%
- −$2.35
- Slippage, 4 orders
- −$102.72
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$123.73
- Costs to cover
- 1.167%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 min ago; MEXC: live order book, 40 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 Binance live order book, 4 min ago | 3.31 bp | 31.0 bp −$31 | 381.6 bp −$3,816 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 40 min ago | 5.53 bp | 22.0 bp −$22 | 104.3 bp −$1,043 | 871.3 bp −$87.1K | doesn't fit |
RECALL on 11 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 RECALLUSDT | +0.0100% | 4h | 0.04525 | −0.087% | $750K | $239K | 25x | as long as short |
| Gate RECALL_USDT | +0.0100% | 4h | 0.04527 | −0.042% | $62K | $16K | 25x | as long as short |
| Bitget RECALLUSDT | +0.0100% | 4h | 0.04517 | −0.263% | $703K | $105K | 25x | as long as short |
| Variational Omni RECALL | +0.0100% | 4h | 0.04529 | −0.007% | $6K | $668 | — | as long as short |
| MEXC RECALL_USDTshort | +0.0714% | 4h | 0.04528 | −0.020% | $493K | $137K | 50x | |
| Extended RECALL-USD | +0.0736% | 1h | 0.04528 | −0.025% | $2K | $172K | 5x | as long as short |
| Binance RECALLUSDTlong | +0.0736% | 4h | 0.04529 | long leg | $1.4M | $856K | 40x | |
| BingX RECALL-USDT | +0.0766% | 4h | 0.04531 | +0.046% | — | $6.5M | — | as long as short |
| OKX RECALL-USDT-SWAP | +0.0803% | 4h | 0.04531 | +0.046% | $128K | $205K | 10x | as long as short |
| Aster RECALLUSDT | +0.1785% | 4h | 0.04535 | +0.128% | $19K | $17K | 5x | as long as short |
Bybit RECALLUSDT
Gate RECALL_USDT
Bitget RECALLUSDT
Variational Omni RECALL
Extended RECALL-USD
BingX RECALL-USDT
OKX RECALL-USDT-SWAP
Aster RECALLUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin RECALLUSDTM | +0.2362% | 4h | 0.04525 | −0.087% | $582K | $836K | 40x | as long as short |
KuCoin RECALLUSDTM