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

RECALL

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0072%/8h= +7.9% APRnext payment +$0.36 per $10,000 · paid last 24h +0.003%
Price spread now: BingX against MEXC+0.044%7-day average −0.097% · you sell dearer than you buy
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$1191.188% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.003%$0 on $10k
Price spread, last 4 days (all we have)−0.213%−$21 · spread now +0.044%, 7d avg −0.097%
Together, before fees−0.210%−$21 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BingX is 0.142% dearer against MEXC than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.097%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC RECALL_USDT0.045310.0694pay 0.0347% / 4h1h 14m$493K$137K50x
ShortBingX RECALL-USDT0.045330.0766get 0.0383% / 4h1h 14m$6.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against MEXC. 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
$15.12
Price spread: +0.044% → −0.097%
$14.16
Slippage, 4 orders
−$104.8
Fee MEXC: 2 bp × 2 orders
−$4
Fee BingX: 5 bp × 2 orders
−$10
Net
−$89.52
Costs to cover
1.188%
Break-even
48.4 days
Slippage from MEXC: live order book, 40 min ago; BingX: live order book, 1 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 MEXC live order book, 40 min ago5.53 bp22.0 bp −$22109.9 bp −$1,099834.1 bp −$83.4Kdoesn't fit
Sell BingX live order book, 1 min ago6.61 bp39.4 bp −$39108.6 bp −$1,086956.7 bp −$95.7K1319.6 bp −$659.8K

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%4h0.04526−0.110%$751K$239K25xas long as short
Gate RECALL_USDT+0.0100%4h0.04527−0.088%$62K$16K25xas long as short
Bitget RECALLUSDT+0.0100%4h0.04519−0.265%$703K$105K25xas long as short
Variational Omni RECALL+0.0100%4h0.04529−0.053%$6K$668as long as short
MEXC RECALL_USDTlong+0.0694%4h0.04531long leg$493K$137K50x
Extended RECALL-USD+0.0712%1h0.04530−0.026%$2K$172K5xas long as short
Binance RECALLUSDT+0.0714%4h0.04529−0.044%$1.4M$856K40xas long as short
BingX RECALL-USDTshort+0.0766%4h0.04533+0.044%$6.5M
OKX RECALL-USDT-SWAP+0.0806%4h0.045310.000%$128K$205K10xas long as short
Aster RECALLUSDT+0.1785%4h0.04536+0.118%$19K$17K5xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin RECALLUSDTM+0.2360%4h0.04533+0.044%$583K$836K40xas long as short