Settings8H · net · $10k
Funding arb · Price arb /

FLOCK

all FLOCK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against BingX−0.082%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$770.766% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.109%−$11 on $10k
Price spread, last 7 days+0.079%+$8 · spread now −0.082%, 7d avg −0.043%
Together, before fees−0.029%−$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.039% cheaper against BingX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.043%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX FLOCK-USDT0.073480.0100pay 0.0050% / 4h1h 01m$6.7M
ShortBybit FLOCKUSDT0.073420.0100get 0.0050% / 4h1h 01m$3.3M$13.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against BingX. 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
$0
Price spread: −0.082% → −0.043%
−$3.86
Slippage, 4 orders
−$55.6
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$80.46
Costs to cover
0.766%
Break-even
never at this rate
Slippage from BingX: live order book, 1 min ago; Bybit: live order book, 2 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 BingX live order book, 1 min ago6.81 bp22.2 bp −$2239.4 bp −$394doesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago2.05 bp18.0 bp −$18108.8 bp −$1,088doesn't fitdoesn't fit

FLOCK 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
Binance FLOCKUSDT+0.0100%4h0.073480.000%$5.5M$41.1M50xas long as short
Bybit FLOCKUSDTshort+0.0100%4h0.07342−0.082%$3.3M$13.9M20x
OKX FLOCK-USDT-SWAP+0.0100%4h0.07347−0.014%$748K$15.5M20xas long as short
Gate FLOCK_USDT+0.0100%8h0.07337−0.150%$767K$2.0M50xas long as short
MEXC FLOCK_USDT+0.0100%4h0.07346−0.027%$333K$300K100xas long as short
KuCoin FLOCKUSDTM+0.0100%4h0.07342−0.082%$1.2M$832K20xas long as short
Bitget FLOCKUSDT+0.0100%4h0.07346−0.027%$1.1M$2.3M20xas long as short
BingX FLOCK-USDTlong+0.0100%4h0.07348long leg$6.7M
Variational Omni FLOCK+0.0100%4h0.07347−0.013%$171K$354Kas long as short
BloFin FLOCK-USDT+0.0143%4h0.07346−0.027%$264K$82K50xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster FLOCKUSDT+0.0663%4h0.07361+0.176%$1.6M$3.9M5xas long as short