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% APRpaid last 24h 0.000%
Price spread now: Bybit against Gate−0.095%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$1061.055% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.010%−$1 on $10k
Price spread, last 7 days+0.025%+$2 · spread now −0.095%, 7d avg −0.021%
Together, before fees+0.015%+$1 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: Bybit is 0.074% cheaper against Gate than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.021%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate FLOCK_USDT0.073630.0100pay 0.0100% / 8h1h 41m$769K$2.0M50x
ShortBybit FLOCKUSDT0.073560.0100get 0.0050% / 4h1h 41m$3.3M$14.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Gate. 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: −0.095% → −0.021%
−$7.37
Slippage, 4 orders
−$79.51
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$112.88
Costs to cover
1.055%
Break-even
never at this rate
Slippage from Gate: live order book, 1 min ago; Bybit: live order book, 2 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 Gate live order book, 1 min ago10.17 bp36.1 bp −$36658.5 bp −$6,585doesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago4.75 bp18.8 bp −$19108.9 bp −$1,089doesn'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%4h0.07364+0.014%$5.4M$41.8M50xas long as short
Bybit FLOCKUSDTshort+0.0100%4h0.07356−0.095%$3.3M$14.0M20x
OKX FLOCK-USDT-SWAP+0.0100%4h0.07361−0.027%$763K$15.7M20xas long as short
Gate FLOCK_USDTlong+0.0100%8h0.07363long leg$769K$2.0M50x
MEXC FLOCK_USDT+0.0100%4h0.07365+0.027%$339K$295K100xas long as short
KuCoin FLOCKUSDTM+0.0100%4h0.073630.000%$1.2M$838K20xas long as short
Bitget FLOCKUSDT+0.0100%4h0.07353−0.136%$1.1M$2.4M20xas long as short
BingX FLOCK-USDT+0.0100%4h0.07367+0.054%$6.8Mas long as short
Variational Omni FLOCK+0.0100%4h0.07400+0.507%$172K$354Kas long as short
BloFin FLOCK-USDT+0.0112%4h0.07366+0.041%$268K$85K50xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster FLOCKUSDT+0.0592%4h0.07378+0.203%$1.6M$4.0M5xas long as short