Settings8H · net · $10k
Funding arb · Price arb /

FLOCK

all FLOCK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bybit−0.027%7-day average +0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$790.789% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.113%+$11 on $10k
Price spread, last 7 days+0.067%+$7 · spread now −0.027%, 7d avg +0.064%
Together, before fees+0.179%+$18 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.091% cheaper against Bybit than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.064%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit FLOCKUSDT0.073720.0100pay 0.0050% / 4h1h 42m$3.3M$14.0M20x
ShortOKX FLOCK-USDT-SWAP0.073700.0100get 0.0050% / 4h1h 42m$836K$15.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Bybit. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.027% → +0.064%
−$9.1
Slippage, 4 orders
−$57.88
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee OKX: 5 bp × 2 orders
−$10
Net
−$87.98
Costs to cover
0.789%
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; OKX: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 1 min ago4.75 bp20.2 bp −$20125.2 bp −$1,252doesn't fitdoesn't fit
Sell OKX live order book, 1 min ago3.39 bp18.7 bp −$1974.1 bp −$741doesn't fitdoesn't fit

FLOCK on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance FLOCKUSDT+0.0100%4h0.07376+0.054%$5.4M$41.8M50xas long as short
Bybit FLOCKUSDTlong+0.0100%4h0.07372long leg$3.3M$14.0M20x
OKX FLOCK-USDT-SWAPshort+0.0100%4h0.07370−0.027%$836K$15.7M20x
Gate FLOCK_USDT+0.0100%8h0.073720.000%$770K$2.0M50xas long as short
MEXC FLOCK_USDT+0.0100%4h0.07378+0.081%$339K$295K100xas long as short
KuCoin FLOCKUSDTM+0.0100%4h0.073720.000%$1.2M$843K20xas long as short
Bitget FLOCKUSDT+0.0100%4h0.07370−0.027%$1.1M$2.4M20xas long as short
BingX FLOCK-USDT+0.0100%4h0.07374+0.027%$6.8Mas long as short
Variational Omni FLOCK+0.0100%4h0.07400+0.384%$172K$354Kas long as short
BloFin FLOCK-USDT+0.0117%4h0.07364−0.109%$267K$85K50xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster FLOCKUSDT+0.0587%4h0.07386+0.190%$1.6M$4.0M5xas long as short