Funding you earn now, next payment 00:00 UTC+0.0041%/8h= +4.5% APRnext payment +$0.21 per $10,000 · paid last 24h +0.004%
Price spread now: Binance against BloFin+0.125%91s7-day average −0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as 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−$780.778% of the position
Funding, last 7 days+0.010%+$1 on $10k
+Price spread, last 3 days (all we have)−0.353%−$35 · spread now +0.125%, 7d avg −0.049%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.174% dearer against BloFin than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −0.049%. The two prices were read 91 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 | BloFin FLOCK-USDT | 0.07550 | 0.0059 | pay 0.0029% / 4h | 2h 47m | $279K | $100K | 50x |
| Short | Binance FLOCKUSDT | 0.07559 | 0.0100 | get 0.0050% / 4h | 2h 47m | $5.6M | $50.3M | 50x |
BloFin FLOCK-USDT
Binance FLOCKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- $8.65
- Price spread: +0.125% → −0.049%
- $17.4
- Slippage, 4 orders
- −$55.79
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$51.74
- Costs to cover
- 0.778%
- Break-even
- 48.9 days
Slippage from BloFin: live order book, 36 min ago; Binance: live order book, 10 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 BloFin live order book, 36 min ago | 5.94 bp | 18.4 bp −$18 | 39.1 bp −$391 | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 3.29 bp | 18.2 bp −$18 | 46.3 bp −$463 | 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-USDTlong | +0.0059% | 4h | 0.07550 | long leg | $279K | $100K | 50x | |
| Binance FLOCKUSDTshort | +0.0100% | 4h | 0.07559 | +0.125% | $5.6M | $50.3M | 50x | |
| Bybit FLOCKUSDT | +0.0100% | 4h | 0.07557 | +0.093% | $3.5M | $15.2M | 20x | as long as short |
| OKX FLOCK-USDT-SWAP | +0.0100% | 4h | 0.07559 | +0.119% | $869K | $17.6M | 20x | as long as short |
| Gate FLOCK_USDT | +0.0100% | 8h | 0.07557 | +0.093% | $795K | $2.0M | 50x | as long as short |
| MEXC FLOCK_USDT | +0.0100% | 4h | 0.07555 | +0.066% | $377K | $368K | 100x | as long as short |
| KuCoin FLOCKUSDTM | +0.0100% | 4h | 0.07559 | +0.119% | $1.2M | $992K | 20x | as long as short |
| Bitget FLOCKUSDT | +0.0100% | 4h | 0.07558 | +0.106% | $1.2M | $2.6M | 20x | as long as short |
| BingX FLOCK-USDT | +0.0100% | 4h | 0.07555 | +0.066% | — | $6.9M | — | as long as short |
| Variational Omni FLOCK | +0.0100% | 4h | 0.07578 | +0.365% | $177K | $366K | — | as long as short |
Bybit FLOCKUSDT
OKX FLOCK-USDT-SWAP
Gate FLOCK_USDT
MEXC FLOCK_USDT
KuCoin FLOCKUSDTM
Bitget FLOCKUSDT
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 | +0.0565% | 4h | 0.07571 | +0.278% | $1.6M | $5.0M | 5x | as long as short |
Aster FLOCKUSDT