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+0.0174%/8h= +19.0% APRnext payment +$0.87 per $10,000 · paid last 24h +0.006%
Price spread now: OKX against MEXC+0.022%7-day average −0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$158as in the Funding arb table
Net, price: spread back to 7d avg − costs−$152as in the Price arb table
costs, in and out, $10k−$1581.583% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.006%+$1 on $10k
Price spread, last 4 days (all we have)−0.102%−$10 · spread now +0.022%, 7d avg −0.041%
Together, before fees−0.096%−$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and OKX is 0.063% dearer against MEXC than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.041%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC RECALL_USDT0.045300.0392pay 0.0196% / 4h3h 37m$457K$129K50x
ShortOKX RECALL-USDT-SWAP0.045310.0566get 0.0283% / 4h3h 37m$127K$199K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$36.47
Price spread: +0.022% → −0.041%
$6.26
Slippage, 4 orders
−$144.33
Fee MEXC: 2 bp × 2 orders
−$4
Fee OKX: 5 bp × 2 orders
−$10
Net
−$115.61
Costs to cover
1.583%
Break-even
29.2 days
Slippage from MEXC: live order book, 27 min ago; OKX: live order book, 33 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, 27 min ago4.44 bp24.5 bp −$24111.0 bp −$1,110938.5 bp −$93.8Kdoesn't fit
Sell OKX live order book, 33 min ago7.80 bp59.3 bp −$59doesn'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%4h0.04520−0.221%$751K$245K25xas long as short
Gate RECALL_USDT+0.0100%4h0.04507−0.508%$61K$16K25xas long as short
Bitget RECALLUSDT+0.0100%4h0.04510−0.442%$703K$112K25xas long as short
Variational Omni RECALL+0.0100%4h0.04508−0.490%$6K$715as long as short
MEXC RECALL_USDTlong+0.0392%4h0.04530long leg$457K$129K50x
Binance RECALLUSDT+0.0421%4h0.04527−0.066%$1.4M$876K40xas long as short
Extended RECALL-USD+0.0424%1h0.04526−0.090%$2K$165K5xas long as short
BingX RECALL-USDT+0.0448%4h0.04525−0.110%$6.5Mas long as short
OKX RECALL-USDT-SWAPshort+0.0566%4h0.04531+0.022%$127K$199K10x
KuCoin RECALLUSDTM+0.0888%4h0.04523−0.155%$578K$851K40xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster RECALLUSDT+0.1296%4h0.04504−0.564%$19K$20K5xas long as short