Funding you earn now, next payment 04:00 UTC+0.1053%/8h= +115.2% APRnext payment +$5.26 per $10,000 · paid last 24h +0.013%
Price spread now: KuCoin against OKX+0.088%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$822as in the Funding arb table
Net, price: spread back to 7d avg − costs−$836as in the Price arb table
costs, in and out, $10k−$8468.463% of the position
Funding, last 7 days+0.241%+$24 on $10k
+Price spread, last 4 days (all we have)−0.014%−$1 · spread now +0.088%, 7d avg −0.010%
=Both sides work for this trade now. Funding pays +$32 a day on $10k at the current rate, and KuCoin is 0.098% dearer against OKX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.010%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.241% in total (about 12.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.26 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 | OKX RECALL-USDT-SWAP | 0.04522 | 0.1073 | pay 0.0537% / 4h | 2h 00m | $128K | $206K | 10x |
| Short | KuCoin RECALLUSDTM | 0.04526 | 0.2126 | get 0.1063% / 4h | 2h 00m | $582K | $844K | 40x |
OKX RECALL-USDT-SWAP
KuCoin RECALLUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $221.03
- Price spread: +0.088% → −0.010%
- $9.84
- Slippage, 4 orders
- −$824.26
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$615.39
- Costs to cover
- 8.463%
- Break-even
- 26.5 days
Slippage from OKX: live order book, 64 min ago; KuCoin: live order book, 39 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, 64 min ago | 5.51 bp | 55.8 bp −$56 | 18444.0 bp −$184.4K | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 39 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 | 0.04517 | −0.111% | $749K | $244K | 25x | as long as short |
| Gate RECALL_USDT | +0.0100% | 4h | 0.04525 | +0.066% | $62K | $16K | 25x | as long as short |
| Bitget RECALLUSDT | +0.0100% | 4h | 0.04516 | −0.133% | $703K | $105K | 25x | as long as short |
| Variational Omni RECALL | +0.0100% | 4h | 0.04521 | −0.029% | $6K | $668 | — | as long as short |
| Extended RECALL-USD | +0.0512% | 1h | 0.04529 | +0.145% | $3K | $167K | 5x | as long as short |
| MEXC RECALL_USDT | +0.0514% | 4h | 0.04528 | +0.133% | $489K | $137K | 50x | as long as short |
| Binance RECALLUSDT | +0.0531% | 4h | 0.04529 | +0.155% | $1.4M | $875K | 40x | as long as short |
| BingX RECALL-USDT | +0.0982% | 4h | 0.04528 | +0.133% | — | $6.5M | — | as long as short |
| OKX RECALL-USDT-SWAPlong | +0.1073% | 4h | 0.04522 | long leg | $128K | $206K | 10x | |
| Aster RECALLUSDT | +0.1572% | 4h | 0.04520 | −0.044% | $19K | $20K | 5x | as long as short |
Bybit RECALLUSDT
Gate RECALL_USDT
Bitget RECALLUSDT
Variational Omni RECALL
Extended RECALL-USD
MEXC RECALL_USDT
Binance RECALLUSDT
BingX RECALL-USDT
Aster RECALLUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin RECALLUSDTMshort | +0.2126% | 4h | 0.04526 | +0.088% | $582K | $844K | 40x |