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

RECALL

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0202%/8h= −22.2% APRnext payment $1.01 per $10,000 · paid last 24h −0.129%
Price spread now: Binance against KuCoin+0.025%7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$920as in the Funding arb table
Net, price: spread back to 7d avg − costs−$888as in the Price arb table
costs, in and out, $10k−$8868.859% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.337%−$34 on $10k
Price spread, last 4 days (all we have)−0.108%−$11 · spread now +0.025%, 7d avg +0.050%
Together, before fees−0.445%−$45 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Binance is 0.025% cheaper against KuCoin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.050%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin RECALLUSDTM0.046550.0644pay 0.0322% / 4h1h 06m$592K$837K40x
ShortBinance RECALLUSDT0.046560.0442get 0.0221% / 4h1h 06m$1.5M$1.0M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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
−$42.48
Price spread: +0.025% → +0.050%
−$2.53
Slippage, 4 orders
−$863.91
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$930.92
Costs to cover
8.859%
Break-even
never at this rate
Slippage from KuCoin: live order book, 8 min ago; Binance: live order book, 11 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 KuCoin live order book, 8 min ago7.48 bp346.2 bp −$346doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 11 min ago4.26 bp42.0 bp −$42209.1 bp −$2,091doesn'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%4h0.04650−0.107%$768K$249K25xas long as short
OKX RECALL-USDT-SWAP+0.0100%4h0.04656+0.021%$134K$257K10xas long as short
Gate RECALL_USDT+0.0100%4h0.04653−0.043%$65K$19K25xas long as short
Bitget RECALLUSDT+0.0100%4h0.04651−0.086%$779K$228K25xas long as short
Variational Omni RECALL+0.0100%4h0.04667+0.250%$5K$1Kas long as short
Extended RECALL-USD+0.0440%1h0.04657+0.046%$1K$163K5xas long as short
Binance RECALLUSDTshort+0.0442%4h0.04656+0.025%$1.5M$1.0M40x
MEXC RECALL_USDT+0.0442%4h0.046550.000%$503K$150K50xas long as short
BingX RECALL-USDT+0.0464%4h0.04664+0.193%$6.6Mas long as short
KuCoin RECALLUSDTMlong+0.0644%4h0.04655long leg$592K$837K40x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster RECALLUSDT+0.1244%4h0.04664+0.199%$21K$18K5xas long as short