RECALL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0646%/8h= +70.7% APRnext payment +$3.23 per $10,000 · paid last 24h +0.001%

Price spread now: Binance against Bitget+0.464%7-day average +0.208% · you sell dearer than you buy

Net, funding: paid 7d − costs−$153as in the Funding arb table

Net, price: spread back to 7d avg − costs−$127as in the Price arb table

costs, in and out, $10k−$1531.528% of the position

Long on Bitget Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.001%$0 on $10k

Price spread, last 4 days (all we have)−0.473%−$47 · spread now +0.464%, 7d avg +0.208%

Together, before fees−0.472%−$47 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Binance is 0.256% dearer against Bitget than usual: you sell high and buy low: +$26 more if the spread goes back to its 7-day average of +0.208%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.001% in total (about 0.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.23 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	Bitget RECALLUSDT	0.04527	0.0100	pay 0.0050% / 4h	30m 57s	$704K	$105K	25x
Short	Binance RECALLUSDT	0.04548	0.0746	get 0.0373% / 4h	30m 57s	$1.4M	$856K	40x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bitget. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BitgetbpFee BinancebpOrdersPrice spread, now +0.464%Rate

Funding earned: $135.67
Price spread: +0.464% → +0.208%: $25.55
Slippage, 4 orders: −$130.8
Fee Bitget: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: $8.42
Costs to cover: 1.528%
Break-even: 6.6 days

Slippage from Bitget: live order book, 24 min ago; Binance: live order book, 2 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 Bitget live order book, 24 min ago	6.64 bp	41.5 bp −$42	473.2 bp −$4,732	doesn't fit	doesn't fit
Sell Binance live order book, 2 min ago	3.30 bp	38.4 bp −$38	218.4 bp −$2,184	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	0.04537	+0.221%	$752K	$238K	25x	as long as short
Gate RECALL_USDT	+0.0100%	4h	0.04534	+0.155%	$62K	$15K	25x	as long as short
Bitget RECALLUSDTlong	+0.0100%	4h	0.04527	long leg	$704K	$105K	25x
Variational Omni RECALL	+0.0100%	4h	0.04541	+0.303%	$6K	$668	—	as long as short
BingX RECALL-USDT	+0.0690%	4h	0.04543	+0.353%	—	$6.5M	—	as long as short
OKX RECALL-USDT-SWAP	+0.0704%	4h	0.04540	+0.287%	$128K	$207K	10x	as long as short
MEXC RECALL_USDT	+0.0728%	4h	0.04547	+0.442%	$493K	$136K	50x	as long as short
Extended RECALL-USD	+0.0744%	1h	0.04547	+0.443%	$598	$173K	5x	as long as short
Binance RECALLUSDTshort	+0.0746%	4h	0.04548	+0.464%	$1.4M	$856K	40x
Aster RECALLUSDT	+0.1746%	4h	0.04532	+0.110%	$19K	$16K	5x	as long as short

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin RECALLUSDTM	+0.2720%	4h	0.04543	+0.353%	$582K	$831K	40x	as long as short