Funding you earn now, next payment 08:00 UTC−0.0031%/8h= −3.4% APRnext payment −$0.16 per $10,000 · paid last 24h +0.004%
Price spread now: OKX against BloFin−0.055%53s7-day average −0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as 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−$710.705% of the position
Funding, last 7 days+0.122%+$12 on $10k
+Price spread, last 4 days (all we have)+0.039%+$4 · spread now −0.055%, 7d avg −0.068%
=The price spread sits at its 7-day average of −0.068%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.122%, so the current rate has only just turned against you. The two prices were read 53 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 | 0.07247 | 0.0252 | pay 0.0126% / 4h | 1h 36m | $261K | $89K | 50x |
| Short | OKX FLOCK-USDT-SWAP | 0.07243 | 0.0221 | get 0.0110% / 4h | 1h 36m | $664K | $13.9M | 20x |
BloFin FLOCK-USDT
OKX FLOCK-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$6.61
- Price spread: −0.055% → −0.068%
- $1.25
- Slippage, 4 orders
- −$48.51
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$75.87
- Costs to cover
- 0.705%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 40 min ago; OKX: live order book, 2 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, 40 min ago | 0.69 bp | 10.3 bp −$10 | 24.8 bp −$248 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 2.07 bp | 20.5 bp −$20 | 59.6 bp −$596 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit FLOCKUSDT | +0.0100% | 4h | 0.07239 | −0.110% | $3.3M | $13.2M | 20x | as long as short |
| Gate FLOCK_USDT | +0.0100% | 8h | 0.07234 | −0.179% | $754K | $1.7M | 50x | as long as short |
| KuCoin FLOCKUSDTM | +0.0100% | 4h | 0.07241 | −0.083% | $1.2M | $803K | 20x | as long as short |
| Bitget FLOCKUSDT | +0.0100% | 4h | 0.07242 | −0.069% | $1.2M | $2.2M | 20x | as long as short |
| Variational Omni FLOCK | +0.0100% | 4h | 0.07250 | +0.045% | $169K | $310K | — | as long as short |
| MEXC FLOCK_USDT | +0.0210% | 4h | 0.07245 | −0.028% | $329K | $280K | 100x | as long as short |
| Binance FLOCKUSDT | +0.0212% | 4h | 0.07246 | −0.016% | $5.6M | $39.2M | 50x | as long as short |
| OKX FLOCK-USDT-SWAPshort | +0.0221% | 4h | 0.07243 | −0.055% | $664K | $13.9M | 20x | |
| BingX FLOCK-USDT | +0.0226% | 4h | 0.07239 | −0.110% | — | $6.7M | — | as long as short |
| BloFin FLOCK-USDTlong | +0.0252% | 4h | 0.07247 | long leg | $261K | $89K | 50x |
Bybit FLOCKUSDT
Gate FLOCK_USDT
KuCoin FLOCKUSDTM
Bitget FLOCKUSDT
Variational Omni FLOCK
MEXC FLOCK_USDT
Binance FLOCKUSDT
BingX FLOCK-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster FLOCKUSDT | +0.1329% | 4h | 0.07256 | +0.126% | $1.6M | $3.7M | 5x | as long as short |
Aster FLOCKUSDT