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: Bitget against BloFin−0.353%115s7-day average −0.106% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as 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)+0.203%+$20 · spread now −0.353%, 7d avg −0.106%
=Funding pays, the price is against you. Bitget is 0.247% cheaper against BloFin than usual: you would sell low and buy high (spread −0.353% now, against its 7-day average of −0.106%). If the spread goes back, that is −$25 on $10k: about 37 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.019% in total) that is about 3 months. The two prices were read 115 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 | 0.07366 | 0.0078 | pay 0.0039% / 4h | 9m 27s | $264K | $82K | 50x |
| Short | Bitget FLOCKUSDT | 0.07340 | 0.0100 | get 0.0050% / 4h | 9m 27s | $1.1M | $2.3M | 20x |
BloFin FLOCK-USDT
Bitget FLOCKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $4.69
- Price spread: −0.353% → −0.106%
- −$24.7
- Slippage, 4 orders
- −$54.32
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$98.33
- Costs to cover
- 0.783%
- Break-even
- 153.7 days
Slippage from BloFin: live order book, 62 min ago; Bitget: live order book, 3 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, 62 min ago | 1.36 bp | 20.2 bp −$20 | 45.0 bp −$450 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 4.75 bp | 24.5 bp −$24 | 57.9 bp −$579 | 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 | +0.0078% | 4h | 0.07366 | long leg | $264K | $82K | 50x | |
| Binance FLOCKUSDT | +0.0100% | 4h | 0.07345 | −0.280% | $5.5M | $40.0M | 50x | as long as short |
| Bybit FLOCKUSDT | +0.0100% | 4h | 0.07336 | −0.407% | $3.4M | $13.7M | 20x | as long as short |
| OKX FLOCK-USDT-SWAP | +0.0100% | 4h | 0.07342 | −0.326% | $749K | $15.1M | 20x | as long as short |
| Gate FLOCK_USDT | +0.0100% | 8h | 0.07344 | −0.299% | $771K | $1.9M | 50x | as long as short |
| MEXC FLOCK_USDT | +0.0100% | 4h | 0.07342 | −0.326% | $334K | $283K | 100x | as long as short |
| KuCoin FLOCKUSDTM | +0.0100% | 4h | 0.07345 | −0.285% | $1.2M | $811K | 20x | as long as short |
| Bitget FLOCKUSDTshort | +0.0100% | 4h | 0.07340 | −0.353% | $1.1M | $2.3M | 20x | |
| BingX FLOCK-USDT | +0.0100% | 4h | 0.07343 | −0.312% | — | $6.8M | — | as long as short |
| Variational Omni FLOCK | +0.0100% | 4h | 0.07349 | −0.225% | $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 | 0.07362 | −0.050% | $1.6M | $3.7M | 5x | as long as short |
Aster FLOCKUSDT