Funding you earn now, next payment 04:00 UTC+0.0062%/8h= +6.8% APRnext payment +$0.31 per $10,000 · paid last 24h +0.003%
Price spread now: OKX against BingX−0.133%7-day average +0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$195as in the Funding arb table
Net, price: spread back to 7d avg − costs−$214as in the Price arb table
costs, in and out, $10k−$1951.950% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 4 days (all we have)+0.153%+$15 · spread now −0.133%, 7d avg +0.061%
=Funding pays, the price is against you. OKX is 0.194% cheaper against BingX than usual: you would sell low and buy high (spread −0.133% now, against its 7-day average of +0.061%). If the spread goes back, that is −$19 on $10k: about 10 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.003% in total) that is about 15 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX RECALL-USDT | 0.04515 | 0.0448 | pay 0.0224% / 4h | 3h 39m | — | $6.5M | — |
| Short | OKX RECALL-USDT-SWAP | 0.04509 | 0.0510 | get 0.0255% / 4h | 3h 39m | $126K | $198K | 10x |
BingX RECALL-USDT
OKX RECALL-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $13.07
- Price spread: −0.133% → +0.061%
- −$19.43
- Slippage, 4 orders
- −$174.97
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$201.32
- Costs to cover
- 1.950%
- Break-even
- 114.8 days
Slippage from BingX: live order book, 6 min ago; OKX: live order book, 30 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, 6 min ago | 7.75 bp | 39.0 bp −$39 | 166.4 bp −$1,664 | 1249.1 bp −$124.9K | doesn't fit |
| Sell OKX live order book, 30 min ago | 7.80 bp | 59.3 bp −$59 | 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 | 0.04511 | −0.089% | $750K | $244K | 25x | as long as short |
| Gate RECALL_USDT | +0.0100% | 4h | 0.04503 | −0.266% | $61K | $16K | 25x | as long as short |
| Bitget RECALLUSDT | +0.0100% | 4h | 0.04506 | −0.199% | $703K | $112K | 25x | as long as short |
| Variational Omni RECALL | +0.0100% | 4h | 0.04508 | −0.159% | $6K | $715 | — | as long as short |
| MEXC RECALL_USDT | +0.0354% | 4h | 0.04514 | −0.022% | $455K | $128K | 50x | as long as short |
| Binance RECALLUSDT | +0.0374% | 4h | 0.04514 | −0.017% | $1.4M | $876K | 40x | as long as short |
| Extended RECALL-USD | +0.0376% | 1h | 0.04512 | −0.069% | $2K | $165K | 5x | as long as short |
| BingX RECALL-USDTlong | +0.0448% | 4h | 0.04515 | long leg | — | $6.5M | — | |
| OKX RECALL-USDT-SWAPshort | +0.0510% | 4h | 0.04509 | −0.133% | $126K | $198K | 10x | |
| KuCoin RECALLUSDTM | +0.0818% | 4h | 0.04517 | +0.044% | $578K | $851K | 40x | as long as short |
Bybit RECALLUSDT
Gate RECALL_USDT
Bitget RECALLUSDT
Variational Omni RECALL
MEXC RECALL_USDT
Binance RECALLUSDT
Extended RECALL-USD
KuCoin RECALLUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster RECALLUSDT | +0.1249% | 4h | 0.04495 | −0.444% | $19K | $20K | 5x | as long as short |
Aster RECALLUSDT