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−0.0668%/8h= −73.1% APRpaid last 24h −0.024%
Price spread now: Bybit against Extended−0.302%7-day average −0.161% · you buy dearer than you sell
Net, funding: paid 7d − costs−$607as in the Funding arb table
Net, price: spread back to 7d avg − costs−$618as in the Price arb table
costs, in and out, $10k−$6046.039% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.032%−$3 on $10k
Price spread, last 4 days (all we have)+0.096%+$10 · spread now −0.302%, 7d avg −0.161%
Together, before fees+0.065%+ Points / potential airdropExtended: Active · farm board+$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and Bybit is 0.141% cheaper against Extended than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.161%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.032% in total (about -1.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended RECALL-USD0.045520.0768pay 0.0096% / 1h29m 40s$598$173K5x
ShortBybit RECALLUSDT0.045380.0100get 0.0050% / 4h29m 40s$752K$238K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Extended. 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
−$140.28
Price spread: −0.302% → −0.161%
−$14.06
Slippage, 4 orders
−$587.86
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$758.2
Costs to cover
6.039%
Break-even
never at this rate
Slippage from Extended: live order book, 26 min ago; Bybit: live order book, 25 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 Extended live order book, 26 min ago9.16 bp69.8 bp −$70597.0 bp −$5,970doesn't fitdoesn't fit
Sell Bybit live order book, 25 min ago4.41 bp191.2 bp −$191doesn'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 RECALLUSDTshort+0.0100%4h0.04538−0.302%$752K$238K25x
Gate RECALL_USDT+0.0100%4h0.04537−0.324%$62K$15K25xas long as short
Bitget RECALLUSDT+0.0100%4h0.04533−0.412%$705K$105K25xas long as short
Variational Omni RECALL+0.0100%4h0.04541−0.242%$6K$668as long as short
BingX RECALL-USDT+0.0692%4h0.04553+0.028%$6.5Mas long as short
OKX RECALL-USDT-SWAP+0.0713%4h0.04540−0.258%$128K$207K10xas long as short
Extended RECALL-USDlong+0.0768%1h0.04552long leg$598$173K5x
MEXC RECALL_USDT+0.0768%4h0.04552+0.006%$494K$136K50xas long as short
Binance RECALLUSDT+0.0768%4h0.04553+0.021%$1.4M$856K40xas long as short
Aster RECALLUSDT+0.1783%4h0.04532−0.434%$19K$16K5xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin RECALLUSDTM+0.2776%4h0.04546−0.126%$583K$831K40xas long as short