Funding you earn now, next payment 04:00 UTC+0.0376%/8h= +41.2% APRnext payment +$1.88 per $10,000 · paid last 24h +0.001%
Price spread now: MEXC against Bitget+0.177%7-day average +0.212% · you sell dearer than you buy
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1191.193% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.043%+$4 · spread now +0.177%, 7d avg +0.212%
=Funding pays, the price is against you. MEXC is 0.035% cheaper against Bitget than usual: you would sell low and buy high (spread +0.177% now, against its 7-day average of +0.212%). If the spread goes back, that is −$3 on $10k: about 7 hours of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.001% in total) that is about 9 months.
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 0.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.88 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 | 0.04520 | 0.0100 | pay 0.0050% / 4h | 2h 06m | $703K | $106K | 25x |
| Short | MEXC RECALL_USDT | 0.04528 | 0.0476 | get 0.0238% / 4h | 2h 06m | $489K | $137K | 50x |
Bitget RECALLUSDT
MEXC RECALL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $78.96
- Price spread: +0.177% → +0.212%
- −$3.46
- Slippage, 4 orders
- −$103.33
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$43.83
- Costs to cover
- 1.193%
- Break-even
- 10.9 days
Slippage from Bitget: live order book, 59 min ago; MEXC: live order book, 53 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, 59 min ago | 7.74 bp | 34.2 bp −$34 | 494.2 bp −$4,942 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 53 min ago | 1.11 bp | 16.3 bp −$16 | 105.9 bp −$1,059 | 806.2 bp −$80.6K | 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 | 0.04516 | −0.088% | $749K | $244K | 25x | as long as short |
| Gate RECALL_USDT | +0.0100% | 4h | 0.04521 | +0.022% | $62K | $16K | 25x | as long as short |
| Bitget RECALLUSDTlong | +0.0100% | 4h | 0.04520 | long leg | $703K | $106K | 25x | |
| Variational Omni RECALL | +0.0100% | 4h | 0.04516 | −0.095% | $6K | $710 | — | as long as short |
| MEXC RECALL_USDTshort | +0.0476% | 4h | 0.04528 | +0.177% | $489K | $137K | 50x | |
| Binance RECALLUSDT | +0.0494% | 4h | 0.04529 | +0.197% | $1.4M | $879K | 40x | as long as short |
| Extended RECALL-USD | +0.0496% | 1h | 0.04527 | +0.165% | $3K | $167K | 5x | as long as short |
| BingX RECALL-USDT | +0.0934% | 4h | 0.04528 | +0.177% | — | $6.5M | — | as long as short |
| OKX RECALL-USDT-SWAP | +0.1004% | 4h | 0.04522 | +0.044% | $128K | $206K | 10x | as long as short |
| Aster RECALLUSDT | +0.1522% | 4h | 0.04520 | 0.000% | $19K | $20K | 5x | as long as short |
Bybit RECALLUSDT
Gate RECALL_USDT
Variational Omni RECALL
Binance RECALLUSDT
Extended RECALL-USD
BingX RECALL-USDT
OKX RECALL-USDT-SWAP
Aster RECALLUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin RECALLUSDTM | +0.2036% | 4h | 0.04523 | +0.066% | $581K | $845K | 40x | as long as short |
KuCoin RECALLUSDTM