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

FLOCK

all FLOCK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Bitget+0.137%7-day average −0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$930.932% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.009%−$1 on $10k
Price spread, last 7 days−0.135%−$13 · spread now +0.137%, 7d avg −0.033%
Together, before fees−0.144%−$14 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 0.171% dearer against Bitget than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of −0.033%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget FLOCKUSDT0.072880.0100pay 0.0050% / 4h2h 51m$1.2M$2.3M20x
ShortBybit FLOCKUSDT0.072980.0100get 0.0050% / 4h2h 51m$3.4M$13.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$0
Price spread: +0.137% → −0.033%
$17.06
Slippage, 4 orders
−$70.16
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$76.1
Costs to cover
0.932%
Break-even
never at this rate
Slippage from Bitget: 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 Bitget live order book, 1 min ago6.18 bp23.3 bp −$23105.1 bp −$1,051doesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago4.11 bp25.1 bp −$25151.8 bp −$1,518doesn'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%4h0.07300+0.168%$5.6M$39.5M50xas long as short
Bybit FLOCKUSDTshort+0.0100%4h0.07298+0.137%$3.4M$13.4M20x
OKX FLOCK-USDT-SWAP+0.0100%4h0.07304+0.220%$733K$14.7M20xas long as short
Gate FLOCK_USDT+0.0100%8h0.07286−0.027%$760K$1.9M50xas long as short
MEXC FLOCK_USDT+0.0100%4h0.07291+0.041%$331K$276K100xas long as short
KuCoin FLOCKUSDTM+0.0100%4h0.07287−0.014%$1.2M$816K20xas long as short
Bitget FLOCKUSDTlong+0.0100%4h0.07288long leg$1.2M$2.3M20x
BingX FLOCK-USDT+0.0100%4h0.07291+0.041%$6.7Mas long as short
Variational Omni FLOCK+0.0100%4h0.07293+0.067%$170K$354Kas long as short
BloFin FLOCK-USDT+0.0102%4h0.07308+0.274%$268K$81K50xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster FLOCKUSDT+0.1123%4h0.07309+0.282%$1.6M$3.7M5xas long as short