Funding you earn now, next payment 04:00 UTC−0.2260%/8h= −247.5% APRnext payment −$11.30 per $10,000 · paid last 24h −0.020%
Price spread now: Bitget against KuCoin−0.309%7-day average −0.162% · you buy dearer than you sell
Net, funding: paid 7d − costs−$946as in the Funding arb table
Net, price: spread back to 7d avg − costs−$936as in the Price arb table
costs, in and out, $10k−$9229.216% of the position
Funding, last 7 days−0.247%−$25 on $10k
+Price spread, last 4 days (all we have)−0.027%−$3 · spread now −0.309%, 7d avg −0.162%
=Both sides work against this trade now: funding costs −$68 a day on $10k at the current rate, and Bitget is 0.147% cheaper against KuCoin than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.162%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.247% in total (about -12.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$11.30 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 | KuCoin RECALLUSDTM | 0.04533 | 0.2360 | pay 0.1180% / 4h | 1h 15m | $583K | $836K | 40x |
| Short | Bitget RECALLUSDT | 0.04519 | 0.0100 | get 0.0050% / 4h | 1h 15m | $703K | $105K | 25x |
KuCoin RECALLUSDTM
Bitget RECALLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$474.6
- Price spread: −0.309% → −0.162%
- −$14.65
- Slippage, 4 orders
- −$897.56
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$1,410.81
- Costs to cover
- 9.216%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 19 min ago; Bitget: live order book, 45 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, 19 min ago | 7.75 bp | 679.1 bp −$679 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 45 min ago | 8.86 bp | 37.9 bp −$38 | 315.1 bp −$3,151 | 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 | 0.04528 | −0.110% | $751K | $239K | 25x | as long as short |
| Gate RECALL_USDT | +0.0100% | 4h | 0.04527 | −0.132% | $62K | $16K | 25x | as long as short |
| Bitget RECALLUSDTshort | +0.0100% | 4h | 0.04519 | −0.309% | $703K | $105K | 25x | |
| Variational Omni RECALL | +0.0100% | 4h | 0.04529 | −0.097% | $6K | $668 | — | as long as short |
| MEXC RECALL_USDT | +0.0694% | 4h | 0.04531 | −0.044% | $493K | $137K | 50x | as long as short |
| Extended RECALL-USD | +0.0712% | 1h | 0.04531 | −0.048% | $2K | $172K | 5x | as long as short |
| Binance RECALLUSDT | +0.0714% | 4h | 0.04531 | −0.044% | $1.4M | $856K | 40x | as long as short |
| BingX RECALL-USDT | +0.0766% | 4h | 0.04536 | +0.066% | — | $6.5M | — | as long as short |
| OKX RECALL-USDT-SWAP | +0.0806% | 4h | 0.04533 | 0.000% | $128K | $205K | 10x | as long as short |
| Aster RECALLUSDT | +0.1785% | 4h | 0.04537 | +0.083% | $19K | $17K | 5x | as long as short |
Bybit RECALLUSDT
Gate RECALL_USDT
Variational Omni RECALL
MEXC RECALL_USDT
Extended RECALL-USD
Binance RECALLUSDT
BingX RECALL-USDT
OKX RECALL-USDT-SWAP
Aster RECALLUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin RECALLUSDTMlong | +0.2360% | 4h | 0.04533 | long leg | $583K | $836K | 40x |