Funding you earn now, next payment 04:00 UTC−0.0041%/8h= −4.5% APRpaid last 24h 0.000%
Price spread now: Binance against Gate−0.014%7-day average +0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1101.096% of the position
Funding, last 7 days−0.010%−$1 on $10k
+Price spread, last 7 days−0.043%−$4 · spread now −0.014%, 7d avg +0.050%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.063% cheaper against Gate than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.050%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate FLOCK_USDT | 0.07287 | 0.0141 | pay 0.0141% / 8h | 5h 22m | $758K | $1.8M | 50x |
| Short | Binance FLOCKUSDT | 0.07286 | 0.0100 | get 0.0050% / 4h | 1h 22m | $5.6M | $39.4M | 50x |
Gate FLOCK_USDT
Binance FLOCKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- −$8.61
- Price spread: −0.014% → +0.050%
- −$6.35
- Slippage, 4 orders
- −$84.6
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$124.56
- Costs to cover
- 1.096%
- Break-even
- never at this rate
Slippage from Gate: live order book, 5 min ago; Binance: 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 Gate live order book, 5 min ago | 7.57 bp | 31.9 bp −$32 | 1061.1 bp −$10.6K | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 2.06 bp | 24.7 bp −$25 | 56.9 bp −$569 | 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 FLOCKUSDTshort | +0.0100% | 4h | 0.07286 | −0.014% | $5.6M | $39.4M | 50x | |
| Bybit FLOCKUSDT | +0.0100% | 4h | 0.07272 | −0.206% | $3.4M | $13.2M | 20x | as long as short |
| OKX FLOCK-USDT-SWAP | +0.0100% | 4h | 0.07276 | −0.151% | $713K | $14.4M | 20x | as long as short |
| MEXC FLOCK_USDT | +0.0100% | 4h | 0.07294 | +0.096% | $325K | $278K | 100x | as long as short |
| KuCoin FLOCKUSDTM | +0.0100% | 4h | 0.07284 | −0.041% | $1.2M | $806K | 20x | as long as short |
| Bitget FLOCKUSDT | +0.0100% | 4h | 0.07290 | +0.041% | $1.1M | $2.2M | 20x | as long as short |
| BingX FLOCK-USDT | +0.0100% | 4h | 0.07292 | +0.069% | — | $6.7M | — | as long as short |
| Variational Omni FLOCK | +0.0100% | 4h | 0.07281 | −0.082% | $170K | $354K | — | as long as short |
| BloFin FLOCK-USDT | +0.0117% | 4h | 0.07290 | +0.041% | $200K | $87K | 50x | as long as short |
| Gate FLOCK_USDTlong | +0.0141% | 8h | 0.07287 | long leg | $758K | $1.8M | 50x |
Bybit FLOCKUSDT
OKX FLOCK-USDT-SWAP
MEXC FLOCK_USDT
KuCoin FLOCKUSDTM
Bitget FLOCKUSDT
BingX FLOCK-USDT
Variational Omni FLOCK
BloFin FLOCK-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster FLOCKUSDT | +0.1269% | 4h | 0.07298 | +0.151% | $1.6M | $3.7M | 5x | as long as short |
Aster FLOCKUSDT