RECALL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0833%/8h= +91.2% APRnext payment +$4.17 per $10,000 · paid last 24h +0.004%

Price spread now: BingX against Bybit+0.310%7-day average +0.105% · you sell dearer than you buy

Net, funding: paid 7d − costs−$418as in the Funding arb table

Net, price: spread back to 7d avg − costs−$398as in the Price arb table

costs, in and out, $10k−$4184.184% of the position

Long on Bybit Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.004%$0 on $10k

Price spread, last 4 days (all we have)−0.119%−$12 · spread now +0.310%, 7d avg +0.105%

Together, before fees−0.115%−$12 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 0.205% dearer against Bybit than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of +0.105%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.004% in total (about 0.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.17 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	Bybit RECALLUSDT	0.04513	0.0100	pay 0.0050% / 4h	2h 06m	$749K	$244K	25x
Short	BingX RECALL-USDT	0.04527	0.0933	get 0.0467% / 4h	2h 06m	—	$6.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Bybit. 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 BybitbpFee BingXbpOrdersPrice spread, now +0.310%Rate

Funding earned: $174.97
Price spread: +0.310% → +0.105%: $20.48
Slippage, 4 orders: −$397.37
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BingX: 5 bp × 2 orders: −$10
Net: −$222.92
Costs to cover: 4.184%
Break-even: 15.9 days

Slippage from Bybit: live order book, 58 min ago; BingX: live order book, 15 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 Bybit live order book, 58 min ago	8.84 bp	159.9 bp −$160	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 15 min ago	7.70 bp	40.0 bp −$40	126.5 bp −$1,265	996.9 bp −$99.7K	1356.4 bp −$678.2K

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 RECALLUSDTlong	+0.0100%	4h	0.04513	long leg	$749K	$244K	25x
Gate RECALL_USDT	+0.0100%	4h	0.04522	+0.199%	$62K	$16K	25x	as long as short
Bitget RECALLUSDT	+0.0100%	4h	0.04516	+0.066%	$703K	$106K	25x	as long as short
Variational Omni RECALL	+0.0100%	4h	0.04516	+0.060%	$6K	$710	—	as long as short
MEXC RECALL_USDT	+0.0476%	4h	0.04526	+0.288%	$489K	$137K	50x	as long as short
Extended RECALL-USD	+0.0480%	1h	0.04526	+0.278%	$3K	$167K	5x	as long as short
Binance RECALLUSDT	+0.0494%	4h	0.04527	+0.309%	$1.4M	$879K	40x	as long as short
BingX RECALL-USDTshort	+0.0933%	4h	0.04527	+0.310%	—	$6.5M	—
OKX RECALL-USDT-SWAP	+0.0995%	4h	0.04522	+0.199%	$128K	$206K	10x	as long as short
Aster RECALLUSDT	+0.1522%	4h	0.04520	+0.155%	$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 RECALLUSDTM	+0.2036%	4h	0.04523	+0.222%	$581K	$845K	40x	as long as short