Funding you earn now, next payment 04:00 UTC+0.2061%/8h= +225.7% APRnext payment +$10.31 per $10,000 · paid last 24h +0.016%
Price spread now: KuCoin against BingX−0.044%7-day average +0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$727as in the Funding arb table
Net, price: spread back to 7d avg − costs−$760as in the Price arb table
costs, in and out, $10k−$7517.509% of the position
Funding, last 7 days+0.244%+$24 on $10k
+Price spread, last 4 days (all we have)+0.200%+$20 · spread now −0.044%, 7d avg +0.046%
=Funding pays, the price is against you. KuCoin is 0.090% cheaper against BingX than usual: you would sell low and buy high (spread −0.044% now, against its 7-day average of +0.046%). If the spread goes back, that is −$9 on $10k: about 4 hours of funding at the current rate (+$62 a day). At the pace of the last 7 days (+0.244% in total) that is about 2.6 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.244% in total (about 12.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$10.31 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX RECALL-USDT | 0.04546 | 0.0747 | pay 0.0373% / 4h | 24m 59s | — | $6.5M | — |
| Short | KuCoin RECALLUSDTM | 0.04544 | 0.2808 | get 0.1404% / 4h | 24m 59s | $582K | $830K | 40x |
BingX RECALL-USDT
KuCoin RECALLUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BingX. 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
- $432.85
- Price spread: −0.044% → +0.046%
- −$9.02
- Slippage, 4 orders
- −$728.87
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$327.04
- Costs to cover
- 7.509%
- Break-even
- 12.3 days
Slippage from BingX: live order book, 11 min ago; KuCoin: live order book, 4 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 BingX live order book, 11 min ago | 7.71 bp | 35.5 bp −$35 | 146.3 bp −$1,463 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 7.70 bp | 165.7 bp −$166 | 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 | 0.04536 | −0.220% | $752K | $238K | 25x | as long as short |
| Gate RECALL_USDT | +0.0100% | 4h | 0.04537 | −0.198% | $62K | $15K | 25x | as long as short |
| Bitget RECALLUSDT | +0.0100% | 4h | 0.04532 | −0.308% | $705K | $105K | 25x | as long as short |
| Variational Omni RECALL | +0.0100% | 4h | 0.04538 | −0.183% | $6K | $668 | — | as long as short |
| OKX RECALL-USDT-SWAP | +0.0694% | 4h | 0.04542 | −0.088% | $128K | $207K | 10x | as long as short |
| BingX RECALL-USDTlong | +0.0747% | 4h | 0.04546 | long leg | — | $6.5M | — | |
| Extended RECALL-USD | +0.0792% | 1h | 0.04543 | −0.071% | $2K | $175K | 5x | as long as short |
| Binance RECALLUSDT | +0.0795% | 4h | 0.04544 | −0.044% | $1.4M | $857K | 40x | as long as short |
| MEXC RECALL_USDT | +0.0800% | 4h | 0.04544 | −0.044% | $493K | $137K | 50x | as long as short |
| Aster RECALLUSDT | +0.1806% | 4h | 0.04532 | −0.308% | $19K | $16K | 5x | as long as short |
Bybit RECALLUSDT
Gate RECALL_USDT
Bitget RECALLUSDT
Variational Omni RECALL
OKX RECALL-USDT-SWAP
Extended RECALL-USD
Binance RECALLUSDT
MEXC RECALL_USDT
Aster RECALLUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin RECALLUSDTMshort | +0.2808% | 4h | 0.04544 | −0.044% | $582K | $830K | 40x |