Funding you earn now, next payment 00:00 UTC−0.0011%/8h= −1.2% APRnext payment −$0.05 per $10,000 · paid last 24h +0.004%
Price spread now: Bybit against BloFin−0.079%7-day average −0.154% · 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−$70as in the Price arb table
costs, in and out, $10k−$770.771% of the position
Funding, last 7 days+0.010%+$1 on $10k
+Price spread, last 3 days (all we have)−0.422%−$42 · spread now −0.079%, 7d avg −0.154%
=The price spread pays, funding is against you. Bybit is 0.075% dearer against BloFin than usual: you sell high and buy low (spread −0.079% now, against its 7-day average of −0.154%): +$7 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 23 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin FLOCK-USDT | 0.07561 | 0.0111 | pay 0.0055% / 4h | 2h 53m | $280K | $99K | 50x |
| Short | Bybit FLOCKUSDT | 0.07555 | 0.0100 | get 0.0050% / 4h | 2h 53m | $3.5M | $15.4M | 20x |
BloFin FLOCK-USDT
Bybit FLOCKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$2.23
- Price spread: −0.079% → −0.154%
- $7.47
- Slippage, 4 orders
- −$54.14
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$71.9
- Costs to cover
- 0.771%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 31 min ago; Bybit: live order book, just now.
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, 31 min ago | 5.94 bp | 18.4 bp −$18 | 39.1 bp −$391 | doesn't fit | doesn't fit |
| Sell Bybit live order book, just now | 4.63 bp | 17.7 bp −$18 | 111.6 bp −$1,116 | 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 | 0.07558 | −0.043% | $5.6M | $51.7M | 50x | as long as short |
| Bybit FLOCKUSDTshort | +0.0100% | 4h | 0.07555 | −0.079% | $3.5M | $15.4M | 20x | |
| OKX FLOCK-USDT-SWAP | +0.0100% | 4h | 0.07553 | −0.106% | $870K | $17.8M | 20x | as long as short |
| Gate FLOCK_USDT | +0.0100% | 8h | 0.07551 | −0.132% | $794K | $2.0M | 50x | as long as short |
| MEXC FLOCK_USDT | +0.0100% | 4h | 0.07557 | −0.053% | $373K | $367K | 100x | as long as short |
| KuCoin FLOCKUSDTM | +0.0100% | 4h | 0.07551 | −0.132% | $1.2M | $1.2M | 20x | as long as short |
| Bitget FLOCKUSDT | +0.0100% | 4h | 0.07554 | −0.093% | $1.2M | $2.7M | 20x | as long as short |
| BingX FLOCK-USDT | +0.0100% | 4h | 0.07554 | −0.093% | — | $6.9M | — | as long as short |
| Variational Omni FLOCK | +0.0100% | 4h | 0.07602 | +0.548% | $178K | $699K | — | as long as short |
| BloFin FLOCK-USDTlong | +0.0111% | 4h | 0.07561 | long leg | $280K | $99K | 50x |
Binance 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 | +0.0571% | 4h | 0.07568 | +0.087% | $1.6M | $5.1M | 5x | as long as short |
Aster FLOCKUSDT