Funding you earn now, next payment 04:00 UTC−0.0376%/8h= −41.2% APRnext payment −$1.88 per $10,000 · paid last 24h −0.001%
Price spread now: Bitget against MEXC−0.199%7-day average −0.212% · you buy dearer than you sell
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$118as in the Price arb table
costs, in and out, $10k−$1191.193% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.021%−$2 · spread now −0.199%, 7d avg −0.212%
=The price spread sits at its 7-day average of −0.212%, so right now this pair is about funding alone: −$11 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.001% in total (about -0.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.88 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 | MEXC RECALL_USDT | 0.04528 | 0.0476 | pay 0.0238% / 4h | 2h 06m | $489K | $137K | 50x |
| Short | Bitget RECALLUSDT | 0.04519 | 0.0100 | get 0.0050% / 4h | 2h 06m | $703K | $106K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against MEXC. 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
- −$78.96
- Price spread: −0.199% → −0.212%
- $1.28
- Slippage, 4 orders
- −$103.33
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$197.01
- Costs to cover
- 1.193%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 53 min ago; Bitget: live order book, 59 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 MEXC live order book, 53 min ago | 1.11 bp | 27.2 bp −$27 | 119.9 bp −$1,199 | 760.3 bp −$76.0K | doesn't fit |
| Sell Bitget live order book, 59 min ago | 7.74 bp | 41.6 bp −$42 | 309.8 bp −$3,098 | 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 | 0.04516 | −0.265% | $749K | $244K | 25x | as long as short |
| Gate RECALL_USDT | +0.0100% | 4h | 0.04521 | −0.155% | $62K | $16K | 25x | as long as short |
| Bitget RECALLUSDTshort | +0.0100% | 4h | 0.04519 | −0.199% | $703K | $106K | 25x | |
| Variational Omni RECALL | +0.0100% | 4h | 0.04518 | −0.227% | $6K | $668 | — | as long as short |
| MEXC RECALL_USDTlong | +0.0476% | 4h | 0.04528 | long leg | $489K | $137K | 50x | |
| Binance RECALLUSDT | +0.0494% | 4h | 0.04528 | +0.008% | $1.4M | $879K | 40x | as long as short |
| Extended RECALL-USD | +0.0496% | 1h | 0.04527 | −0.012% | $3K | $167K | 5x | as long as short |
| BingX RECALL-USDT | +0.0934% | 4h | 0.04527 | −0.022% | — | $6.5M | — | as long as short |
| OKX RECALL-USDT-SWAP | +0.1004% | 4h | 0.04522 | −0.133% | $128K | $206K | 10x | as long as short |
| Aster RECALLUSDT | +0.1522% | 4h | 0.04520 | −0.177% | $19K | $20K | 5x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin RECALLUSDTM | +0.2036% | 4h | 0.04523 | −0.110% | $581K | $845K | 40x | as long as short |
MEXC RECALL_USDT
Bitget RECALLUSDT
Bybit RECALLUSDT
Gate RECALL_USDT
Variational Omni RECALL
Binance RECALLUSDT
Extended RECALL-USD
BingX RECALL-USDT
OKX RECALL-USDT-SWAP
Aster RECALLUSDT
KuCoin RECALLUSDTM