Funding you earn now, next payment 08:00 UTC−0.1867%/8h= −204.5% APRnext payment −$9.34 per $10,000 · paid last 24h −0.138%
Price spread now: OKX against KuCoin−0.088%7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$888as in the Funding arb table
Net, price: spread back to 7d avg − costs−$863as in the Price arb table
costs, in and out, $10k−$8538.529% of the position
Funding, last 7 days−0.346%−$35 on $10k
+Price spread, last 4 days (all we have)−0.018%−$2 · spread now −0.088%, 7d avg +0.013%
=Both sides work against this trade now: funding costs −$56 a day on $10k at the current rate, and OKX is 0.101% cheaper against KuCoin than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.013%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.346% in total (about -18.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$9.34 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 | 0.04548 | 0.2224 | pay 0.1112% / 4h | 2h 31m | $584K | $819K | 40x |
| Short | OKX RECALL-USDT-SWAP | 0.04544 | 0.0357 | get 0.0178% / 4h | 2h 31m | $130K | $216K | 10x |
KuCoin RECALLUSDTM
OKX RECALL-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$392.13
- Price spread: −0.088% → +0.013%
- −$10.07
- Slippage, 4 orders
- −$830.91
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$1,255.11
- Costs to cover
- 8.529%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 53 min ago; OKX: live order book, 14 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, 53 min ago | 9.90 bp | 440.2 bp −$440 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 14 min ago | 7.65 bp | 55.3 bp −$55 | 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 RECALLUSDT | +0.0100% | 4h | 0.04535 | −0.286% | $751K | $237K | 25x | as long as short |
| Gate RECALL_USDT | +0.0100% | 4h | 0.04547 | −0.022% | $62K | $15K | 25x | as long as short |
| Bitget RECALLUSDT | +0.0100% | 4h | 0.04538 | −0.220% | $710K | $108K | 25x | as long as short |
| Variational Omni RECALL | +0.0100% | 4h | 0.04545 | −0.070% | $6K | $667 | — | as long as short |
| OKX RECALL-USDT-SWAPshort | +0.0357% | 4h | 0.04544 | −0.088% | $130K | $216K | 10x | |
| Binance RECALLUSDT | +0.0836% | 4h | 0.04549 | +0.019% | $1.4M | $867K | 40x | as long as short |
| Extended RECALL-USD | +0.0840% | 1h | 0.04548 | −0.007% | $921 | $166K | 5x | as long as short |
| MEXC RECALL_USDT | +0.0850% | 4h | 0.04548 | 0.000% | $497K | $142K | 50x | as long as short |
| BingX RECALL-USDT | +0.0850% | 4h | 0.04548 | 0.000% | — | $6.5M | — | as long as short |
| Aster RECALLUSDT | +0.1751% | 4h | 0.04552 | +0.095% | $19K | $16K | 5x | as long as short |
Bybit RECALLUSDT
Gate RECALL_USDT
Bitget RECALLUSDT
Variational Omni RECALL
Binance RECALLUSDT
Extended RECALL-USD
MEXC RECALL_USDT
BingX RECALL-USDT
Aster RECALLUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin RECALLUSDTMlong | +0.2224% | 4h | 0.04548 | long leg | $584K | $819K | 40x |