Funding you earn now, next payment 04:00 UTC+0.1452%/8h= +159.0% APRnext payment +$7.26 per $10,000 · paid last 24h +0.020%
Price spread now: KuCoin against Bitget+0.223%7-day average +0.161% · you sell dearer than you buy
Net, funding: paid 7d − costs−$772as in the Funding arb table
Net, price: spread back to 7d avg − costs−$791as in the Price arb table
costs, in and out, $10k−$7977.972% of the position
Funding, last 7 days+0.248%+$25 on $10k
+Price spread, last 4 days (all we have)+0.018%+$2 · spread now +0.223%, 7d avg +0.161%
=Both sides work for this trade now. Funding pays +$44 a day on $10k at the current rate, and KuCoin is 0.062% dearer against Bitget than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.161%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.248% in total (about 12.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$7.26 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 | 0.04483 | 0.0100 | pay 0.0050% / 4h | 2h 48m | $699K | $112K | 25x |
| Short | KuCoin RECALLUSDTM | 0.04493 | 0.1552 | get 0.0776% / 4h | 2h 48m | $574K | $845K | 40x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bitget. 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
- $304.92
- Price spread: +0.223% → +0.161%
- $6.17
- Slippage, 4 orders
- −$773.18
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$486.1
- Costs to cover
- 7.972%
- Break-even
- 18.2 days
Slippage from Bitget: live order book, 17 min ago; KuCoin: live order book, 65 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, 17 min ago | 7.74 bp | 34.2 bp −$34 | 494.2 bp −$4,942 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 65 min ago | 9.97 bp | 137.4 bp −$137 | 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 | 0.04488 | +0.112% | $745K | $243K | 25x | as long as short |
| Gate RECALL_USDT | +0.0100% | 4h | 0.04488 | +0.112% | $61K | $16K | 25x | as long as short |
| Bitget RECALLUSDTlong | +0.0100% | 4h | 0.04483 | long leg | $699K | $112K | 25x | |
| Variational Omni RECALL | +0.0100% | 4h | 0.04490 | +0.152% | $6K | $715 | — | as long as short |
| Extended RECALL-USD | +0.0568% | 1h | 0.04494 | +0.243% | $4K | $163K | 5x | as long as short |
| MEXC RECALL_USDT | +0.0570% | 4h | 0.04496 | +0.290% | $467K | $132K | 50x | as long as short |
| Binance RECALLUSDT | +0.0571% | 4h | 0.04497 | +0.301% | $1.4M | $880K | 40x | as long as short |
| BingX RECALL-USDT | +0.0664% | 4h | 0.04494 | +0.245% | — | $6.5M | — | as long as short |
| OKX RECALL-USDT-SWAP | +0.0718% | 4h | 0.04496 | +0.290% | $126K | $198K | 10x | as long as short |
| Aster RECALLUSDT | +0.1550% | 4h | 0.04482 | −0.013% | $19K | $20K | 5x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin RECALLUSDTMshort | +0.1552% | 4h | 0.04493 | +0.223% | $574K | $845K | 40x |
Bitget RECALLUSDT
KuCoin RECALLUSDTM
Bybit RECALLUSDT
Gate RECALL_USDT
Variational Omni RECALL
Extended RECALL-USD
MEXC RECALL_USDT
Binance RECALLUSDT
BingX RECALL-USDT
OKX RECALL-USDT-SWAP
Aster RECALLUSDT