RECALL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0780%/8h= +85.4% APRnext payment +$3.90 per $10,000 · paid last 24h +0.040%

Price spread now: MEXC against Bybit+0.483%7-day average +0.206% · you sell dearer than you buy

Net, funding: paid 7d − costs−$498as in the Funding arb table

Net, price: spread back to 7d avg − costs−$475as in the Price arb table

costs, in and out, $10k−$5025.024% of the position

Long on Bybit Short on MEXC

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)−0.064%−$6 · spread now +0.483%, 7d avg +0.206%

Together, before fees−0.024%−$2 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and MEXC is 0.277% dearer against Bybit than usual: you sell high and buy low: +$28 more if the spread goes back to its 7-day average of +0.206%.

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 +$3.90 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	0.04552	0.0100	pay 0.0050% / 4h	3h 30m	$755K	$238K	25x
Short	MEXC RECALL_USDT	0.04574	0.0880	get 0.0440% / 4h	3h 30m	$495K	$137K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.483%Rate

Funding earned: $163.8
Price spread: +0.483% → +0.206%: $27.71
Slippage, 4 orders: −$487.38
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$310.87
Costs to cover: 5.024%
Break-even: 20.3 days

Slippage from Bybit: live order book, 19 min ago; MEXC: live order book, 14 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, 19 min ago	4.40 bp	271.2 bp −$271	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 14 min ago	3.29 bp	21.4 bp −$21	106.7 bp −$1,067	883.1 bp −$88.3K	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 RECALLUSDTlong	+0.0100%	4h	0.04552	long leg	$755K	$238K	25x
Bitget RECALLUSDT	+0.0100%	4h	0.04550	−0.044%	$708K	$105K	25x	as long as short
Variational Omni RECALL	+0.0100%	4h	0.04560	+0.169%	$6K	$667	—	as long as short
OKX RECALL-USDT-SWAP	+0.0453%	4h	0.04570	+0.395%	$129K	$208K	10x	as long as short
Extended RECALL-USD	+0.0880%	1h	0.04570	+0.388%	$1K	$174K	5x	as long as short
MEXC RECALL_USDTshort	+0.0880%	4h	0.04574	+0.483%	$495K	$137K	50x
BingX RECALL-USDT	+0.0880%	4h	0.04558	+0.132%	—	$6.5M	—	as long as short
Binance RECALLUSDT	+0.0881%	4h	0.04569	+0.373%	$1.4M	$859K	40x	as long as short
Gate RECALL_USDT	+0.0912%	4h	0.04553	+0.022%	$62K	$15K	25x	as long as short
Aster RECALLUSDT	+0.1862%	4h	0.04553	+0.022%	$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	+0.3316%	4h	0.04555	+0.066%	$583K	$824K	40x	as long as short