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

RECALL

all RECALL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0380%/8h= +41.6% APRnext payment +$1.90 per $10,000 · paid last 24h +0.001%
Price spread now: Binance against Gate+0.330%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Binance is 0.330% dearer against Gate than usual: you sell high and buy low: +$33 more if the spread goes back to zero (this spread has no 7-day history yet).
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 0.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.90 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate RECALL_USDT0.045130.0100pay 0.0050% / 4h2h 09m$62K$16K25x
ShortBinance RECALLUSDT0.045280.0480get 0.0240% / 4h2h 09m$1.4M$883K40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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
$79.85
Price spread: +0.330% → 0.000%
$32.96
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Binance: 5 bp × 2 orders
−$10
Net
$87.81
Costs to cover
0.250%
Break-even
from the start
Slippage unknown: Gate: no order-book sample; Binance: live order book, 9 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate no order-book sample
Sell Binance live order book, 9 min ago3.31 bp40.2 bp −$40225.5 bp −$2,255doesn't fitdoesn't fit
Gate: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%4h0.04514+0.022%$749K$244K25xas long as short
Gate RECALL_USDTlong+0.0100%4h0.04513long leg$62K$16K25x
Bitget RECALLUSDT+0.0100%4h0.04516+0.066%$703K$110K25xas long as short
Variational Omni RECALL+0.0100%4h0.04516+0.060%$6K$710as long as short
Extended RECALL-USD+0.0480%1h0.04525+0.259%$2K$163K5xas long as short
Binance RECALLUSDTshort+0.0480%4h0.04528+0.330%$1.4M$883K40x
MEXC RECALL_USDT+0.0490%4h0.04525+0.266%$489K$137K50xas long as short
BingX RECALL-USDT+0.0932%4h0.04518+0.111%$6.5Mas long as short
OKX RECALL-USDT-SWAP+0.0967%4h0.04524+0.244%$128K$206K10xas long as short
Aster RECALLUSDT+0.1503%4h0.04520+0.155%$19K$20K5xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin RECALLUSDTM+0.1990%4h0.04522+0.199%$580K$846K40xas long as short