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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin RECALLUSDTM | 0.04655 | 0.0644 | pay 0.0322% / 4h | 1h 06m | $592K | $837K | 40x |
| Short | Binance RECALLUSDT | 0.04656 | 0.0442 | get 0.0221% / 4h | 1h 06m | $1.5M | $1.0M | 40x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 8 min ago | 7.48 bp | 346.2 bp −$346 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 4.26 bp | 42.0 bp −$42 | 209.1 bp −$2,091 | doesn't fit | doesn't fit |
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 RECALLUSDT | +0.0100% | 4h | 0.04650 | −0.107% | $768K | $249K | 25x | as long as short |
| OKX RECALL-USDT-SWAP | +0.0100% | 4h | 0.04656 | +0.021% | $134K | $257K | 10x | as long as short |
| Gate RECALL_USDT | +0.0100% | 4h | 0.04653 | −0.043% | $65K | $19K | 25x | as long as short |
| Bitget RECALLUSDT | +0.0100% | 4h | 0.04651 | −0.086% | $779K | $228K | 25x | as long as short |
| Variational Omni RECALL | +0.0100% | 4h | 0.04667 | +0.250% | $5K | $1K | — | as long as short |
| Extended RECALL-USD | +0.0440% | 1h | 0.04657 | +0.046% | $1K | $163K | 5x | as long as short |
| Binance RECALLUSDTshort | +0.0442% | 4h | 0.04656 | +0.025% | $1.5M | $1.0M | 40x | |
| MEXC RECALL_USDT | +0.0442% | 4h | 0.04655 | 0.000% | $503K | $150K | 50x | as long as short |
| BingX RECALL-USDT | +0.0464% | 4h | 0.04664 | +0.193% | — | $6.6M | — | as long as short |
| KuCoin RECALLUSDTMlong | +0.0644% | 4h | 0.04655 | long leg | $592K | $837K | 40x |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster RECALLUSDT | +0.1244% | 4h | 0.04664 | +0.199% | $21K | $18K | 5x | as long as short |
KuCoin RECALLUSDTM
Binance RECALLUSDT
Bybit RECALLUSDT
OKX RECALL-USDT-SWAP
Gate RECALL_USDT
Bitget RECALLUSDT
Variational Omni RECALL
Extended RECALL-USD
MEXC RECALL_USDT
BingX RECALL-USDT
Aster RECALLUSDT