Settings8H · net · $10k
Funding arb · Price arb /

RECALL

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.265%+$27 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget RECALLUSDT0.044830.0100pay 0.0050% / 4h2h 48m$699K$112K25x
ShortKuCoin RECALLUSDTM0.044930.1552get 0.0776% / 4h2h 48m$574K$845K40x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 17 min ago7.74 bp34.2 bp −$34494.2 bp −$4,942doesn't fitdoesn't fit
Sell KuCoin live order book, 65 min ago9.97 bp137.4 bp −$137doesn't fitdoesn't fitdoesn't fit

RECALL on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit RECALLUSDT+0.0100%4h0.04488+0.112%$745K$243K25xas long as short
Gate RECALL_USDT+0.0100%4h0.04488+0.112%$61K$16K25xas long as short
Bitget RECALLUSDTlong+0.0100%4h0.04483long leg$699K$112K25x
Variational Omni RECALL+0.0100%4h0.04490+0.152%$6K$715as long as short
Extended RECALL-USD+0.0568%1h0.04494+0.243%$4K$163K5xas long as short
MEXC RECALL_USDT+0.0570%4h0.04496+0.290%$467K$132K50xas long as short
Binance RECALLUSDT+0.0571%4h0.04497+0.301%$1.4M$880K40xas long as short
BingX RECALL-USDT+0.0664%4h0.04494+0.245%$6.5Mas long as short
OKX RECALL-USDT-SWAP+0.0718%4h0.04496+0.290%$126K$198K10xas long as short
Aster RECALLUSDT+0.1550%4h0.04482−0.013%$19K$20K5xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin RECALLUSDTMshort+0.1552%4h0.04493+0.223%$574K$845K40x