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: KuCoin against Bitget0.000%7-day average +0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1191.195% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.046%+$5 on $10k
Price spread, last 7 days+0.061%+$6 · spread now 0.000%, 7d avg +0.052%
Together, before fees+0.107%+$11 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: KuCoin is 0.052% cheaper against Bitget than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.052%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget FLOCKUSDT0.073330.0100pay 0.0050% / 4h28m 12s$1.1M$2.3M20x
ShortKuCoin FLOCKUSDTM0.073330.0100get 0.0050% / 4h28m 12s$1.2M$811K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: 0.000% → +0.052%
−$5.2
Slippage, 4 orders
−$95.5
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$124.7
Costs to cover
1.195%
Break-even
never at this rate
Slippage from Bitget: live order book, 4 min ago; KuCoin: 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, 4 min ago6.82 bp22.6 bp −$2374.8 bp −$748doesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago8.18 bp40.2 bp −$40280.0 bp −$2,800doesn'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%4h0.07344+0.153%$5.5M$40.0M50xas long as short
Bybit FLOCKUSDT+0.0100%4h0.07334+0.014%$3.3M$13.7M20xas long as short
OKX FLOCK-USDT-SWAP+0.0100%4h0.07340+0.095%$744K$15.1M20xas long as short
Gate FLOCK_USDT+0.0100%8h0.07329−0.055%$769K$1.9M50xas long as short
MEXC FLOCK_USDT+0.0100%4h0.07342+0.123%$334K$281K100xas long as short
KuCoin FLOCKUSDTMshort+0.0100%4h0.073330.000%$1.2M$811K20x
Bitget FLOCKUSDTlong+0.0100%4h0.07333long leg$1.1M$2.3M20x
BingX FLOCK-USDT+0.0100%4h0.073330.000%$6.7Mas long as short
Variational Omni FLOCK+0.0100%4h0.07336+0.043%$171K$354Kas long as short
BloFin FLOCK-USDT+0.0102%4h0.07338+0.068%$264K$82K50xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster FLOCKUSDT+0.0740%4h0.07354+0.285%$1.6M$3.7M5xas long as short