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

RECALL

all RECALL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h −0.009%
Price spread now: OKX against Extended+0.048%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$303as in the Funding arb table
Net, price: spread back to 7d avg − costs−$297as in the Price arb table
costs, in and out, $10k−$3013.015% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.017%−$2 on $10k
Price spread, last 4 days (all we have)−0.055%−$5 · spread now +0.048%, 7d avg +0.003%
Together, before fees−0.072%+ Points / potential airdropExtended: Active · farm board−$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and OKX is 0.045% dearer against Extended than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.003%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended RECALL-USD0.045290.0736pay 0.0092% / 1h13m 16s$2K$172K5x
ShortOKX RECALL-USDT-SWAP0.045310.0803get 0.0402% / 4h1h 13m$128K$205K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$14.07
Price spread: +0.048% → +0.003%
$4.48
Slippage, 4 orders
−$286.48
Fee Extended: 2.5 bp × 2 orders
−$5
Fee OKX: 5 bp × 2 orders
−$10
Net
−$282.93
Costs to cover
3.015%
Break-even
147.7 days
Slippage from Extended: live order book, 48 min ago; OKX: live order book, 47 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, 48 min ago11.27 bp77.3 bp −$77609.1 bp −$6,091doesn't fitdoesn't fit
Sell OKX live order book, 47 min ago7.73 bp58.3 bp −$58doesn'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%4h0.04523−0.129%$750K$239K25xas long as short
Gate RECALL_USDT+0.0100%4h0.04527−0.040%$62K$16K25xas long as short
Bitget RECALLUSDT+0.0100%4h0.04517−0.261%$703K$105K25xas long as short
Variational Omni RECALL+0.0100%4h0.04529−0.005%$6K$668as long as short
Extended RECALL-USDlong+0.0736%1h0.04529long leg$2K$172K5x
MEXC RECALL_USDT+0.0736%4h0.04530+0.026%$493K$137K50xas long as short
Binance RECALLUSDT+0.0736%4h0.04530+0.026%$1.4M$857K40xas long as short
BingX RECALL-USDT+0.0766%4h0.04535+0.136%$6.5Mas long as short
OKX RECALL-USDT-SWAPshort+0.0803%4h0.04531+0.048%$128K$205K10x
Aster RECALLUSDT+0.1799%4h0.04533+0.103%$19K$17K5xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin RECALLUSDTM+0.2366%4h0.04525−0.085%$581K$835K40xas long as short