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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC RECALL_USDT | 0.04517 | 0.0544 | pay 0.0272% / 4h | 1h 57m | $488K | $134K | 50x |
| Short | KuCoin RECALLUSDTM | 0.04519 | 0.2146 | get 0.1073% / 4h | 1h 57m | $581K | $843K | 40x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy MEXC live order book, 62 min ago | 1.11 bp | 27.2 bp −$27 | 119.9 bp −$1,199 | 760.3 bp −$76.0K | doesn't fit |
| Sell KuCoin live order book, 42 min ago | 9.96 bp | 172.6 bp −$173 | 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 | 0.04512 | −0.111% | $749K | $244K | 25x | as long as short |
| Gate RECALL_USDT | +0.0100% | 4h | 0.04525 | +0.177% | $62K | $16K | 25x | as long as short |
| Bitget RECALLUSDT | +0.0100% | 4h | 0.04510 | −0.155% | $702K | $105K | 25x | as long as short |
| Variational Omni RECALL | +0.0100% | 4h | 0.04521 | +0.082% | $6K | $668 | — | as long as short |
| Extended RECALL-USD | +0.0544% | 1h | 0.04518 | +0.021% | $3K | $167K | 5x | as long as short |
| MEXC RECALL_USDTlong | +0.0544% | 4h | 0.04517 | long leg | $488K | $134K | 50x | |
| Binance RECALLUSDT | +0.0551% | 4h | 0.04517 | 0.000% | $1.4M | $874K | 40x | as long as short |
| BingX RECALL-USDT | +0.0982% | 4h | 0.04521 | +0.089% | — | $6.5M | — | as long as short |
| OKX RECALL-USDT-SWAP | +0.1083% | 4h | 0.04522 | +0.111% | $128K | $206K | 10x | as long as short |
| Aster RECALLUSDT | +0.1595% | 4h | 0.04520 | +0.066% | $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 RECALLUSDTMshort | +0.2146% | 4h | 0.04519 | +0.044% | $581K | $843K | 40x |
MEXC RECALL_USDT
KuCoin RECALLUSDTM
Bybit RECALLUSDT
Gate RECALL_USDT
Bitget RECALLUSDT
Variational Omni RECALL
Extended RECALL-USD
Binance RECALLUSDT
BingX RECALL-USDT
OKX RECALL-USDT-SWAP
Aster RECALLUSDT