Funding you earn now, next payment 04:00 UTC+0.0070%/8h= +7.7% APRnext payment +$0.35 per $10,000 · paid last 24h −0.003%
Price spread now: MEXC against BingX−0.044%7-day average +0.097% · you buy dearer than you sell
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1111.112% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 4 days (all we have)+0.176%+$18 · spread now −0.044%, 7d avg +0.097%
=Funding pays, the price is against you. MEXC is 0.141% cheaper against BingX than usual: you would sell low and buy high (spread −0.044% now, against its 7-day average of +0.097%). If the spread goes back, that is −$14 on $10k: about 6.7 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX RECALL-USDT | 0.04546 | 0.0730 | pay 0.0365% / 4h | 26m 44s | — | $6.5M | — |
| Short | MEXC RECALL_USDT | 0.04544 | 0.0800 | get 0.0400% / 4h | 26m 44s | $493K | $137K | 50x |
BingX RECALL-USDT
MEXC RECALL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $14.7
- Price spread: −0.044% → +0.097%
- −$14.06
- Slippage, 4 orders
- −$97.18
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$110.54
- Costs to cover
- 1.112%
- Break-even
- 59.6 days
Slippage from BingX: live order book, 9 min ago; MEXC: live order book, 23 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, 9 min ago | 7.71 bp | 35.5 bp −$35 | 146.3 bp −$1,463 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 23 min ago | 1.11 bp | 15.9 bp −$16 | 100.5 bp −$1,005 | 737.0 bp −$73.7K | 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 | 0.04535 | −0.242% | $752K | $238K | 25x | as long as short |
| Gate RECALL_USDT | +0.0100% | 4h | 0.04539 | −0.154% | $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 | 0.04541 | −0.116% | $6K | $668 | — | as long as short |
| OKX RECALL-USDT-SWAP | +0.0708% | 4h | 0.04546 | 0.000% | $128K | $207K | 10x | as long as short |
| BingX RECALL-USDTlong | +0.0730% | 4h | 0.04546 | long leg | — | $6.5M | — | |
| Extended RECALL-USD | +0.0800% | 1h | 0.04542 | −0.078% | $2K | $175K | 5x | as long as short |
| MEXC RECALL_USDTshort | +0.0800% | 4h | 0.04544 | −0.044% | $493K | $137K | 50x | |
| Binance RECALLUSDT | +0.0800% | 4h | 0.04544 | −0.044% | $1.4M | $857K | 40x | 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
Aster RECALLUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin RECALLUSDTM | +0.2792% | 4h | 0.04542 | −0.088% | $581K | $831K | 40x | as long as short |
KuCoin RECALLUSDTM