Funding you earn now, next payment 04:00 UTC+0.0036%/8h= +3.9% APRpaid last 24h 0.000%
Price spread now: Gate against Bitget+0.055%7-day average −0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$1021.020% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 7 days−0.023%−$2 · spread now +0.055%, 7d avg −0.015%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Gate is 0.070% dearer against Bitget than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.015%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget FLOCKUSDT | 0.07247 | 0.0100 | pay 0.0050% / 4h | 5m 22s | $1.1M | $2.2M | 20x |
| Short | Gate FLOCK_USDT | 0.07251 | 0.0136 | get 0.0136% / 8h | 4h 05m | $750K | $1.8M | 50x |
Bitget FLOCKUSDT
Gate FLOCK_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $7.56
- Price spread: +0.055% → −0.015%
- $6.99
- Slippage, 4 orders
- −$75.04
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$87.48
- Costs to cover
- 1.020%
- Break-even
- 88.0 days
Slippage from Bitget: live order book, 2 min ago; Gate: live order book, 2 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 | 4.14 bp | 21.9 bp −$22 | 69.2 bp −$692 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 8.27 bp | 26.0 bp −$26 | 64.8 bp −$648 | 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 | 0.07260 | +0.183% | $5.6M | $39.4M | 50x | as long as short |
| Bybit FLOCKUSDT | +0.0100% | 4h | 0.07253 | +0.083% | $3.3M | $13.2M | 20x | as long as short |
| OKX FLOCK-USDT-SWAP | +0.0100% | 4h | 0.07250 | +0.041% | $699K | $14.2M | 20x | as long as short |
| MEXC FLOCK_USDT | +0.0100% | 4h | 0.07260 | +0.179% | $310K | $285K | 100x | as long as short |
| KuCoin FLOCKUSDTM | +0.0100% | 4h | 0.07251 | +0.055% | $1.2M | $805K | 20x | as long as short |
| Bitget FLOCKUSDTlong | +0.0100% | 4h | 0.07247 | long leg | $1.1M | $2.2M | 20x | |
| BingX FLOCK-USDT | +0.0100% | 4h | 0.07253 | +0.083% | — | $6.7M | — | as long as short |
| Variational Omni FLOCK | +0.0100% | 4h | 0.07249 | +0.024% | $168K | $319K | — | as long as short |
| Gate FLOCK_USDTshort | +0.0136% | 8h | 0.07251 | +0.055% | $750K | $1.8M | 50x | |
| BloFin FLOCK-USDT | +0.0148% | 4h | 0.07265 | +0.248% | $267K | $87K | 50x | as long as short |
Binance FLOCKUSDT
Bybit FLOCKUSDT
OKX FLOCK-USDT-SWAP
MEXC FLOCK_USDT
KuCoin FLOCKUSDTM
BingX FLOCK-USDT
Variational Omni FLOCK
BloFin FLOCK-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster FLOCKUSDT | +0.1221% | 4h | 0.07255 | +0.110% | $1.6M | $3.7M | 5x | as long as short |
Aster FLOCKUSDT