Funding you earn now, next payment 04:00 UTC−0.2700%/8h= −295.6% APRnext payment −$13.50 per $10,000 · paid last 24h −0.020%
Price spread now: Bybit against KuCoin−0.198%7-day average −0.155% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,132as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,112as in the Price arb table
costs, in and out, $10k−$1,10711.075% of the position
Funding, last 7 days−0.247%−$25 on $10k
+Price spread, last 4 days (all we have)−0.371%−$37 · spread now −0.198%, 7d avg −0.155%
=Both sides work against this trade now: funding costs −$81 a day on $10k at the current rate, and Bybit is 0.043% cheaper against KuCoin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.155%). 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 −$13.50 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 | 0.04543 | 0.2800 | pay 0.1400% / 4h | 26m 23s | $583K | $831K | 40x |
| Short | Bybit RECALLUSDT | 0.04534 | 0.0100 | get 0.0050% / 4h | 26m 23s | $751K | $238K | 25x |
KuCoin RECALLUSDTM
Bybit RECALLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$567
- Price spread: −0.198% → −0.155%
- −$4.35
- Slippage, 4 orders
- −$1,084.46
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$1,678.81
- Costs to cover
- 11.075%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 3 min ago; Bybit: live order book, 28 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, 3 min ago | 7.70 bp | 516.4 bp −$516 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 28 min ago | 4.41 bp | 191.2 bp −$191 | doesn't fit | 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 RECALLUSDTshort | +0.0100% | 4h | 0.04534 | −0.198% | $751K | $238K | 25x | |
| Gate RECALL_USDT | +0.0100% | 4h | 0.04539 | −0.088% | $62K | $15K | 25x | as long as short |
| Bitget RECALLUSDT | +0.0100% | 4h | 0.04532 | −0.242% | $705K | $105K | 25x | as long as short |
| Variational Omni RECALL | +0.0100% | 4h | 0.04541 | −0.051% | $6K | $668 | — | as long as short |
| OKX RECALL-USDT-SWAP | +0.0701% | 4h | 0.04546 | +0.066% | $128K | $207K | 10x | as long as short |
| BingX RECALL-USDT | +0.0730% | 4h | 0.04545 | +0.044% | — | $6.5M | — | as long as short |
| Extended RECALL-USD | +0.0800% | 1h | 0.04543 | −0.006% | $2K | $175K | 5x | as long as short |
| MEXC RECALL_USDT | +0.0800% | 4h | 0.04544 | +0.022% | $493K | $137K | 50x | as long as short |
| Binance RECALLUSDT | +0.0800% | 4h | 0.04545 | +0.051% | $1.4M | $857K | 40x | as long as short |
| Aster RECALLUSDT | +0.1806% | 4h | 0.04532 | −0.242% | $19K | $16K | 5x | as long as short |
Gate RECALL_USDT
Bitget RECALLUSDT
Variational Omni RECALL
OKX RECALL-USDT-SWAP
BingX RECALL-USDT
Extended RECALL-USD
MEXC RECALL_USDT
Binance RECALLUSDT
Aster RECALLUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin RECALLUSDTMlong | +0.2800% | 4h | 0.04543 | long leg | $583K | $831K | 40x |