Funding you earn now, next payment 00:00 UTC+0.0023%/8h= +2.5% APRpaid last 24h +0.004%
Price spread now: Gate against BloFin−0.231%48s7-day average −0.128% · you buy dearer than you sell
Net, funding: paid 7d − costs−$97as 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−$990.991% of the position
Funding, last 7 days+0.019%+$2 on $10k
+Price spread, last 3 days (all we have)+0.099%+$10 · spread now −0.231%, 7d avg −0.128%
=Funding pays, the price is against you. Gate is 0.104% cheaper against BloFin than usual: you would sell low and buy high (spread −0.231% now, against its 7-day average of −0.128%). If the spread goes back, that is −$10 on $10k: about 15 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 38 days. The two prices were read 48 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 | 0.07351 | 0.0077 | pay 0.0039% / 4h | 32m 26s | $263K | $82K | 50x |
| Short | Gate FLOCK_USDT | 0.07334 | 0.0100 | get 0.0100% / 8h | 32m 26s | $769K | $1.9M | 50x |
BloFin FLOCK-USDT
Gate FLOCK_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $4.8
- Price spread: −0.231% → −0.128%
- −$10.36
- Slippage, 4 orders
- −$72.11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$104.68
- Costs to cover
- 0.991%
- Break-even
- 159.8 days
Slippage from BloFin: live order book, 39 min ago; Gate: live order book, 5 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, 39 min ago | 1.36 bp | 20.2 bp −$20 | 45.0 bp −$450 | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 10.23 bp | 29.7 bp −$30 | 76.2 bp −$762 | 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 | +0.0077% | 4h | 0.07351 | long leg | $263K | $82K | 50x | |
| Binance FLOCKUSDT | +0.0100% | 4h | 0.07338 | −0.177% | $5.5M | $40.0M | 50x | as long as short |
| Bybit FLOCKUSDT | +0.0100% | 4h | 0.07332 | −0.258% | $3.3M | $13.7M | 20x | as long as short |
| OKX FLOCK-USDT-SWAP | +0.0100% | 4h | 0.07335 | −0.218% | $744K | $15.1M | 20x | as long as short |
| Gate FLOCK_USDTshort | +0.0100% | 8h | 0.07334 | −0.231% | $769K | $1.9M | 50x | |
| MEXC FLOCK_USDT | +0.0100% | 4h | 0.07340 | −0.150% | $334K | $281K | 100x | as long as short |
| KuCoin FLOCKUSDTM | +0.0100% | 4h | 0.07335 | −0.218% | $1.2M | $811K | 20x | as long as short |
| Bitget FLOCKUSDT | +0.0100% | 4h | 0.07333 | −0.245% | $1.1M | $2.3M | 20x | as long as short |
| BingX FLOCK-USDT | +0.0100% | 4h | 0.07337 | −0.190% | — | $6.7M | — | as long as short |
| Variational Omni FLOCK | +0.0100% | 4h | 0.07336 | −0.209% | $171K | $354K | — | as long as short |
Binance FLOCKUSDT
Bybit FLOCKUSDT
OKX FLOCK-USDT-SWAP
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 | +0.0741% | 4h | 0.07359 | +0.110% | $1.6M | $3.7M | 5x | as long as short |
Aster FLOCKUSDT