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+0.1602%/8h= +175.4% APRnext payment +$8.01 per $10,000 · paid last 24h +0.019%
Price spread now: KuCoin against MEXC+0.044%7-day average −0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$749as in the Funding arb table
Net, price: spread back to 7d avg − costs−$764as in the Price arb table
costs, in and out, $10k−$7747.738% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.247%+$25 on $10k
Price spread, last 4 days (all we have)−0.028%−$3 · spread now +0.044%, 7d avg −0.049%
Together, before fees+0.218%+$22 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$48 a day on $10k at the current rate, and KuCoin is 0.094% dearer against MEXC than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.049%.
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 +$8.01 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC RECALL_USDT0.045170.0544pay 0.0272% / 4h1h 57m$488K$134K50x
ShortKuCoin RECALLUSDTM0.045190.2146get 0.1073% / 4h1h 57m$581K$843K40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$336.42
Price spread: +0.044% → −0.049%
$9.37
Slippage, 4 orders
−$757.85
Fee MEXC: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$428.06
Costs to cover
7.738%
Break-even
15.9 days
Slippage from MEXC: live order book, 62 min ago; KuCoin: live order book, 42 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, 62 min ago1.11 bp27.2 bp −$27119.9 bp −$1,199760.3 bp −$76.0Kdoesn't fit
Sell KuCoin live order book, 42 min ago9.96 bp172.6 bp −$173doesn't fitdoesn't fitdoesn't fit

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%4h0.04512−0.111%$749K$244K25xas long as short
Gate RECALL_USDT+0.0100%4h0.04525+0.177%$62K$16K25xas long as short
Bitget RECALLUSDT+0.0100%4h0.04510−0.155%$702K$105K25xas long as short
Variational Omni RECALL+0.0100%4h0.04521+0.082%$6K$668as long as short
Extended RECALL-USD+0.0544%1h0.04518+0.021%$3K$167K5xas long as short
MEXC RECALL_USDTlong+0.0544%4h0.04517long leg$488K$134K50x
Binance RECALLUSDT+0.0551%4h0.045170.000%$1.4M$874K40xas long as short
BingX RECALL-USDT+0.0982%4h0.04521+0.089%$6.5Mas long as short
OKX RECALL-USDT-SWAP+0.1083%4h0.04522+0.111%$128K$206K10xas long as short
Aster RECALLUSDT+0.1595%4h0.04520+0.066%$19K$20K5xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin RECALLUSDTMshort+0.2146%4h0.04519+0.044%$581K$843K40x