Funding you earn now, next payment 04:00 UTC+0.0092%/8h= +10.1% APRnext payment +$0.46 per $10,000 · paid last 24h −0.006%
Price spread now: Binance against OKX−0.052%7-day average +0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$180as in the Funding arb table
Net, price: spread back to 7d avg − costs−$188as in the Price arb table
costs, in and out, $10k−$1791.795% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 4 days (all we have)+0.116%+$12 · spread now −0.052%, 7d avg +0.038%
=Funding pays, the price is against you. Binance is 0.089% cheaper against OKX than usual: you would sell low and buy high (spread −0.052% now, against its 7-day average of +0.038%). If the spread goes back, that is −$9 on $10k: about 3.2 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX RECALL-USDT-SWAP | 0.04546 | 0.0708 | pay 0.0354% / 4h | 27m 05s | $128K | $207K | 10x |
| Short | Binance RECALLUSDT | 0.04544 | 0.0800 | get 0.0400% / 4h | 27m 05s | $1.4M | $857K | 40x |
OKX RECALL-USDT-SWAP
Binance RECALLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. 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
- $19.36
- Price spread: −0.052% → +0.038%
- −$8.93
- Slippage, 4 orders
- −$159.45
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$169.03
- Costs to cover
- 1.795%
- Break-even
- 68.1 days
Slippage from OKX: live order book, 28 min ago; Binance: live order book, 6 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 OKX live order book, 28 min ago | 6.62 bp | 49.0 bp −$49 | 15497.8 bp −$155.0K | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 3.30 bp | 38.4 bp −$38 | 218.4 bp −$2,184 | 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 | 0.04536 | −0.220% | $752K | $238K | 25x | as long as short |
| Gate RECALL_USDT | +0.0100% | 4h | 0.04539 | −0.154% | $62K | $15K | 25x | as long as short |
| Bitget RECALLUSDT | +0.0100% | 4h | 0.04533 | −0.286% | $705K | $105K | 25x | as long as short |
| Variational Omni RECALL | +0.0100% | 4h | 0.04541 | −0.116% | $6K | $668 | — | as long as short |
| OKX RECALL-USDT-SWAPlong | +0.0708% | 4h | 0.04546 | long leg | $128K | $207K | 10x | |
| BingX RECALL-USDT | +0.0730% | 4h | 0.04548 | +0.044% | — | $6.5M | — | as long as short |
| MEXC RECALL_USDT | +0.0798% | 4h | 0.04542 | −0.088% | $493K | $137K | 50x | as long as short |
| Extended RECALL-USD | +0.0800% | 1h | 0.04541 | −0.100% | $2K | $175K | 5x | as long as short |
| Binance RECALLUSDTshort | +0.0800% | 4h | 0.04544 | −0.052% | $1.4M | $857K | 40x | |
| Aster RECALLUSDT | +0.1812% | 4h | 0.04532 | −0.308% | $19K | $16K | 5x | as long as short |
Bybit RECALLUSDT
Gate RECALL_USDT
Bitget RECALLUSDT
Variational Omni RECALL
BingX RECALL-USDT
MEXC RECALL_USDT
Extended RECALL-USD
Aster RECALLUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin RECALLUSDTM | +0.2792% | 4h | 0.04540 | −0.132% | $581K | $831K | 40x | as long as short |
KuCoin RECALLUSDTM