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

FLOCK

all FLOCK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.1133%/8h= +124.0% APRnext payment +$5.66 per $10,000 · paid last 24h +0.244%
Price spread now: Aster against Bitget+0.110%7-day average +0.143% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1331.331% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.841%+$84 on $10k
Price spread, last 7 days+0.245%+$24 · spread now +0.110%, 7d avg +0.143%
Together, before fees+1.085%+ Points / potential airdropAster: Stage 5 · farm board+$109 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.033% cheaper against Bitget than usual: you would sell low and buy high (spread +0.110% now, against its 7-day average of +0.143%). If the spread goes back, that is −$3 on $10k: about 2 hours of funding at the current rate (+$34 a day). At the pace of the last 7 days (+0.841% in total) that is about 7 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget FLOCKUSDT0.072470.0100pay 0.0050% / 4h6m 05s$1.1M$2.2M20x
ShortAster FLOCKUSDT0.072550.1233get 0.0616% / 4h6m 05s$1.6M$3.7M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bitget. 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
$237.85
Price spread: +0.110% → +0.143%
−$3.25
Slippage, 4 orders
−$113.14
Fee Bitget: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
$101.46
Costs to cover
1.331%
Break-even
4.0 days
Slippage from Bitget: live order book, 1 min ago; Aster: live order book, 3 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 Bitget live order book, 1 min ago4.14 bp21.9 bp −$2269.2 bp −$692doesn't fitdoesn't fit
Sell Aster live order book, 3 min ago7.57 bp33.1 bp −$33149.6 bp −$1,496doesn'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%4h0.07259+0.166%$5.6M$39.4M50xas long as short
Bybit FLOCKUSDT+0.0100%4h0.07250+0.041%$3.3M$13.2M20xas long as short
OKX FLOCK-USDT-SWAP+0.0100%4h0.07251+0.055%$699K$14.3M20xas long as short
MEXC FLOCK_USDT+0.0100%4h0.07258+0.152%$310K$285K100xas long as short
KuCoin FLOCKUSDTM+0.0100%4h0.07250+0.041%$1.2M$805K20xas long as short
Bitget FLOCKUSDTlong+0.0100%4h0.07247long leg$1.1M$2.2M20x
BingX FLOCK-USDT+0.0100%4h0.07255+0.110%$6.7Mas long as short
Variational Omni FLOCK+0.0100%4h0.07249+0.024%$168K$319Kas long as short
Gate FLOCK_USDT+0.0142%8h0.07248+0.014%$750K$1.8M50xas long as short
BloFin FLOCK-USDT+0.0148%4h0.07265+0.248%$267K$87K50xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster FLOCKUSDTshort+0.1233%4h0.07255+0.110%$1.6M$3.7M5x