RECALL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0824%/8h= +90.2% APRnext payment +$4.12 per $10,000 · paid last 24h +0.040%

Price spread now: BingX against Bitget+0.242%7-day average +0.118% · you sell dearer than you buy

Net, funding: paid 7d − costs−$160as in the Funding arb table

Net, price: spread back to 7d avg − costs−$152as in the Price arb table

costs, in and out, $10k−$1641.640% of the position

Long on Bitget Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.040%+$4 on $10k

Price spread, last 4 days (all we have)−0.072%−$7 · spread now +0.242%, 7d avg +0.118%

Together, before fees−0.031%−$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and BingX is 0.124% dearer against Bitget than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.118%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.040% in total (about 2.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.12 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	0.04538	0.0100	pay 0.0050% / 4h	2h 39m	$710K	$108K	25x
Short	BingX RECALL-USDT	0.04549	0.0924	get 0.0462% / 4h	2h 39m	—	$6.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now +0.242%Rate

Funding earned: $173.04
Price spread: +0.242% → +0.118%: $12.41
Slippage, 4 orders: −$141.96
Fee Bitget: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: $21.49
Costs to cover: 1.640%
Break-even: 6.1 days

Slippage from Bitget: live order book, 6 min ago; BingX: live order book, 7 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, 6 min ago	7.67 bp	38.9 bp −$39	330.3 bp −$3,303	doesn't fit	doesn't fit
Sell BingX live order book, 7 min ago	9.84 bp	42.7 bp −$43	111.1 bp −$1,111	966.1 bp −$96.6K	1320.8 bp −$660.4K

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	−0.022%	$752K	$237K	25x	as long as short
Gate RECALL_USDT	+0.0100%	4h	0.04552	+0.309%	$62K	$15K	25x	as long as short
Bitget RECALLUSDTlong	+0.0100%	4h	0.04538	long leg	$710K	$108K	25x
Variational Omni RECALL	+0.0100%	4h	0.04550	+0.260%	$6K	$667	—	as long as short
OKX RECALL-USDT-SWAP	+0.0427%	4h	0.04546	+0.176%	$130K	$216K	10x	as long as short
Binance RECALLUSDT	+0.0911%	4h	0.04550	+0.268%	$1.4M	$867K	40x	as long as short
Extended RECALL-USD	+0.0912%	1h	0.04548	+0.220%	$2K	$163K	5x	as long as short
BingX RECALL-USDTshort	+0.0924%	4h	0.04549	+0.242%	—	$6.6M	—
MEXC RECALL_USDT	+0.0926%	4h	0.04549	+0.242%	$497K	$142K	50x	as long as short
Aster RECALLUSDT	+0.1829%	4h	0.04551	+0.287%	$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	+0.2434%	4h	0.04549	+0.242%	$584K	$818K	40x	as long as short