Funding you earn now, next payment 00:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.05 per $10,000 · paid last 24h −0.004%
Price spread now: BloFin against BingX−0.211%111s7-day average +0.087% · you buy dearer than you sell
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$780.780% of the position
Funding, last 7 days−0.118%−$12 on $10k
+Price spread, last 3 days (all we have)+0.698%+$70 · spread now −0.211%, 7d avg +0.087%
=Funding pays, the price is against you. BloFin is 0.298% cheaper against BingX than usual: you would sell low and buy high (spread −0.211% now, against its 7-day average of +0.087%). If the spread goes back, that is −$30 on $10k: about 3 months of funding at the current rate ($0 a day). Mind the row above: over the last 7 days funding on this pair cost −0.118%, so the current rate has only just turned in your favour. The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX FLOCK-USDT | 0.07577 | 0.0100 | pay 0.0050% / 4h | 2h 51m | — | $6.9M | — |
| Short | BloFin FLOCK-USDT | 0.07561 | 0.0111 | get 0.0055% / 4h | 2h 51m | $280K | $99K | 50x |
BingX FLOCK-USDT
BloFin FLOCK-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- $2.23
- Price spread: −0.211% → +0.087%
- −$29.83
- Slippage, 4 orders
- −$56.02
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$105.62
- Costs to cover
- 0.780%
- Break-even
- 339.0 days
Slippage from BingX: live order book, 1 min ago; BloFin: live order book, 32 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 BingX live order book, 1 min ago | 6.62 bp | 16.5 bp −$17 | 35.5 bp −$355 | 739.3 bp −$73.9K | doesn't fit |
| Sell BloFin live order book, 32 min ago | 5.94 bp | 21.8 bp −$22 | 42.6 bp −$426 | doesn't fit | doesn't fit |
FLOCK 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance FLOCKUSDT | +0.0100% | 4h | 0.07578 | +0.015% | $5.6M | $50.8M | 50x | as long as short |
| Bybit FLOCKUSDT | +0.0100% | 4h | 0.07578 | +0.013% | $3.5M | $15.2M | 20x | as long as short |
| OKX FLOCK-USDT-SWAP | +0.0100% | 4h | 0.07579 | +0.026% | $871K | $17.8M | 20x | as long as short |
| Gate FLOCK_USDT | +0.0100% | 8h | 0.07559 | −0.238% | $795K | $2.0M | 50x | as long as short |
| MEXC FLOCK_USDT | +0.0100% | 4h | 0.07579 | +0.026% | $378K | $368K | 100x | as long as short |
| KuCoin FLOCKUSDTM | +0.0100% | 4h | 0.07566 | −0.145% | $1.2M | $1.0M | 20x | as long as short |
| Bitget FLOCKUSDT | +0.0100% | 4h | 0.07576 | −0.013% | $1.2M | $2.6M | 20x | as long as short |
| BingX FLOCK-USDTlong | +0.0100% | 4h | 0.07577 | long leg | — | $6.9M | — | |
| Variational Omni FLOCK | +0.0100% | 4h | 0.07602 | +0.336% | $178K | $699K | — | as long as short |
| BloFin FLOCK-USDTshort | +0.0111% | 4h | 0.07561 | −0.211% | $280K | $99K | 50x |
Binance FLOCKUSDT
Bybit FLOCKUSDT
OKX FLOCK-USDT-SWAP
Gate FLOCK_USDT
MEXC FLOCK_USDT
KuCoin FLOCKUSDTM
Bitget FLOCKUSDT
Variational Omni FLOCKShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster FLOCKUSDT | +0.0564% | 4h | 0.07579 | +0.021% | $1.6M | $5.1M | 5x | as long as short |
Aster FLOCKUSDT