Funding you earn now, next payment 00:00 UTC−0.0022%/8h= −2.4% APRnext payment −$0.11 per $10,000 · paid last 24h −0.004%
Price spread now: BloFin against Bitget+0.259%65s7-day average +0.106% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as 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−$780.783% of the position
Funding, last 7 days−0.019%−$2 on $10k
+Price spread, last 3 days (all we have)−0.109%−$11 · spread now +0.259%, 7d avg +0.106%
=The price spread pays, funding is against you. BloFin is 0.153% dearer against Bitget than usual: you sell high and buy low (spread +0.259% now, against its 7-day average of +0.106%): +$15 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 23 days. At the pace of the last 7 days (−0.019% in total) that is about 57 days. The two prices were read 65 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 | Bitget FLOCKUSDT | 0.07347 | 0.0100 | pay 0.0050% / 4h | 10m 05s | $1.1M | $2.3M | 20x |
| Short | BloFin FLOCK-USDT | 0.07366 | 0.0078 | get 0.0039% / 4h | 10m 05s | $264K | $82K | 50x |
Bitget FLOCKUSDT
BloFin FLOCK-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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
- −$4.69
- Price spread: +0.259% → +0.106%
- $15.26
- Slippage, 4 orders
- −$54.32
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$67.75
- Costs to cover
- 0.783%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; BloFin: live order book, 61 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 Bitget live order book, 2 min ago | 4.75 bp | 17.5 bp −$18 | 68.7 bp −$687 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 61 min ago | 1.36 bp | 16.2 bp −$16 | 34.6 bp −$346 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin FLOCK-USDTshort | +0.0078% | 4h | 0.07366 | +0.259% | $264K | $82K | 50x | |
| Binance FLOCKUSDT | +0.0100% | 4h | 0.07346 | −0.014% | $5.5M | $40.0M | 50x | as long as short |
| Bybit FLOCKUSDT | +0.0100% | 4h | 0.07342 | −0.068% | $3.4M | $13.7M | 20x | as long as short |
| OKX FLOCK-USDT-SWAP | +0.0100% | 4h | 0.07342 | −0.068% | $750K | $15.1M | 20x | as long as short |
| Gate FLOCK_USDT | +0.0100% | 8h | 0.07345 | −0.027% | $771K | $1.9M | 50x | as long as short |
| MEXC FLOCK_USDT | +0.0100% | 4h | 0.07355 | +0.109% | $334K | $283K | 100x | as long as short |
| KuCoin FLOCKUSDTM | +0.0100% | 4h | 0.07350 | +0.041% | $1.2M | $811K | 20x | as long as short |
| Bitget FLOCKUSDTlong | +0.0100% | 4h | 0.07347 | long leg | $1.1M | $2.3M | 20x | |
| BingX FLOCK-USDT | +0.0100% | 4h | 0.07348 | +0.014% | — | $6.7M | — | as long as short |
| Variational Omni FLOCK | +0.0100% | 4h | 0.07349 | +0.033% | $171K | $354K | — | as long as short |
Binance FLOCKUSDT
Bybit FLOCKUSDT
OKX FLOCK-USDT-SWAP
Gate FLOCK_USDT
MEXC FLOCK_USDT
KuCoin FLOCKUSDTM
BingX FLOCK-USDT
Variational Omni FLOCKShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster FLOCKUSDT | +0.0790% | 4h | 0.07371 | +0.328% | $1.6M | $3.7M | 5x | as long as short |
Aster FLOCKUSDT