Funding you earn now, next payment 08:00 UTC−0.0956%/8h= −104.7% APRnext payment −$4.78 per $10,000 · paid last 24h −0.007%
Price spread now: Bybit against Gate−0.044%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.007%−$1 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$29 a day on $10k at the current rate, and Bybit is 0.044% cheaper against Gate than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.007% in total (about -0.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.78 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 | Gate RECALL_USDT | 0.04542 | 0.1056 | pay 0.0528% / 4h | 3h 33m | $62K | $15K | 25x |
| Short | Bybit RECALLUSDT | 0.04540 | 0.0100 | get 0.0050% / 4h | 3h 33m | $753K | $238K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$200.76
- Price spread: −0.044% → 0.000%
- −$4.4
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$231.16
- Costs to cover
- 0.260%
- Break-even
- never at this rate
Slippage unknown: Gate: no order-book sample; Bybit: live order book, 16 min ago. Net counts fees only.
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 Gate no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 16 min ago | 4.40 bp | 190.3 bp −$190 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit RECALLUSDTshort | +0.0100% | 4h | 0.04540 | −0.044% | $753K | $238K | 25x | |
| Bitget RECALLUSDT | +0.0100% | 4h | 0.04544 | +0.044% | $707K | $105K | 25x | as long as short |
| Variational Omni RECALL | +0.0100% | 4h | 0.04539 | −0.062% | $6K | $667 | — | as long as short |
| OKX RECALL-USDT-SWAP | +0.0451% | 4h | 0.04554 | +0.264% | $128K | $207K | 10x | as long as short |
| Binance RECALLUSDT | +0.0875% | 4h | 0.04550 | +0.166% | $1.4M | $860K | 40x | as long as short |
| BingX RECALL-USDT | +0.0880% | 4h | 0.04552 | +0.220% | — | $6.5M | — | as long as short |
| Extended RECALL-USD | +0.0888% | 1h | 0.04548 | +0.136% | $1K | $174K | 5x | as long as short |
| MEXC RECALL_USDT | +0.0888% | 4h | 0.04551 | +0.198% | $492K | $136K | 50x | as long as short |
| Gate RECALL_USDTlong | +0.1056% | 4h | 0.04542 | long leg | $62K | $15K | 25x | |
| Aster RECALLUSDT | +0.1848% | 4h | 0.04546 | +0.087% | $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 | +0.3302% | 4h | 0.04546 | +0.088% | $582K | $824K | 40x | as long as short |
Gate RECALL_USDT
Bybit RECALLUSDT
Bitget RECALLUSDT
Variational Omni RECALL
OKX RECALL-USDT-SWAP
Binance RECALLUSDT
BingX RECALL-USDT
Extended RECALL-USD
MEXC RECALL_USDT
Aster RECALLUSDT
KuCoin RECALLUSDTM