Funding you earn now, next payment 04:00 UTC+0.0092%/8h= +10.1% APRnext payment +$0.46 per $10,000 · paid last 24h +0.006%
Price spread now: OKX against Binance+0.044%7-day average −0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$188as in the Funding arb table
Net, price: spread back to 7d avg − costs−$180as in the Price arb table
costs, in and out, $10k−$1891.886% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 4 days (all we have)−0.124%−$12 · spread now +0.044%, 7d avg −0.037%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and OKX is 0.081% dearer against Binance than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.037%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance RECALLUSDT | 0.04529 | 0.0714 | pay 0.0357% / 4h | 1h 14m | $1.4M | $856K | 40x |
| Short | OKX RECALL-USDT-SWAP | 0.04531 | 0.0806 | get 0.0403% / 4h | 1h 14m | $128K | $205K | 10x |
Binance RECALLUSDT
OKX RECALL-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $19.38
- Price spread: +0.044% → −0.037%
- $8.14
- Slippage, 4 orders
- −$168.63
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$161.12
- Costs to cover
- 1.886%
- Break-even
- 65.2 days
Slippage from Binance: live order book, 3 min ago; OKX: live order book, 45 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, 3 min ago | 3.31 bp | 31.0 bp −$31 | 381.6 bp −$3,816 | doesn't fit | doesn't fit |
| Sell OKX live order book, 45 min ago | 7.73 bp | 58.3 bp −$58 | doesn't fit | doesn't fit | 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 | 0.04526 | −0.066% | $751K | $239K | 25x | as long as short |
| Gate RECALL_USDT | +0.0100% | 4h | 0.04527 | −0.044% | $62K | $16K | 25x | as long as short |
| Bitget RECALLUSDT | +0.0100% | 4h | 0.04519 | −0.221% | $703K | $105K | 25x | as long as short |
| Variational Omni RECALL | +0.0100% | 4h | 0.04529 | −0.008% | $6K | $668 | — | as long as short |
| MEXC RECALL_USDT | +0.0694% | 4h | 0.04531 | +0.044% | $493K | $137K | 50x | as long as short |
| Extended RECALL-USD | +0.0712% | 1h | 0.04530 | +0.018% | $2K | $172K | 5x | as long as short |
| Binance RECALLUSDTlong | +0.0714% | 4h | 0.04529 | long leg | $1.4M | $856K | 40x | |
| BingX RECALL-USDT | +0.0766% | 4h | 0.04533 | +0.088% | — | $6.5M | — | as long as short |
| OKX RECALL-USDT-SWAPshort | +0.0806% | 4h | 0.04531 | +0.044% | $128K | $205K | 10x | |
| Aster RECALLUSDT | +0.1785% | 4h | 0.04536 | +0.162% | $19K | $17K | 5x | as long as short |
Bybit RECALLUSDT
Gate RECALL_USDT
Bitget RECALLUSDT
Variational Omni RECALL
MEXC RECALL_USDT
Extended RECALL-USD
BingX RECALL-USDT
Aster RECALLUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin RECALLUSDTM | +0.2360% | 4h | 0.04533 | +0.088% | $583K | $836K | 40x | as long as short |
KuCoin RECALLUSDTM