Funding you earn now, next payment 04:00 UTC−0.0030%/8h= −3.3% APRpaid last 24h 0.000%
Price spread now: KuCoin against Gate+0.041%7-day average +0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$155as in the Funding arb table
Net, price: spread back to 7d avg − costs−$162as in the Price arb table
costs, in and out, $10k−$1591.593% of the position
Funding, last 7 days+0.045%+$5 on $10k
+Price spread, last 7 days−0.157%−$16 · spread now +0.041%, 7d avg +0.064%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and KuCoin is 0.023% cheaper against Gate than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.064%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate FLOCK_USDT | 0.07352 | 0.0130 | pay 0.0130% / 8h | 7h 16m | $772K | $1.9M | 50x |
| Short | KuCoin FLOCKUSDTM | 0.07355 | 0.0100 | get 0.0050% / 4h | 3h 16m | $1.2M | $809K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$6.3
- Price spread: +0.041% → +0.064%
- −$2.32
- Slippage, 4 orders
- −$132.27
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$167.89
- Costs to cover
- 1.593%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 min ago; KuCoin: live order book, 4 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, 1 min ago | 8.84 bp | 27.8 bp −$28 | 1080.8 bp −$10.8K | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 9.53 bp | 38.7 bp −$39 | 289.6 bp −$2,896 | 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-USDT | +0.0045% | 4h | 0.07359 | +0.095% | $268K | $81K | 50x | as long as short |
| Binance FLOCKUSDT | +0.0100% | 4h | 0.07366 | +0.196% | $5.6M | $39.4M | 50x | as long as short |
| Bybit FLOCKUSDT | +0.0100% | 4h | 0.07367 | +0.204% | $3.4M | $13.4M | 20x | as long as short |
| OKX FLOCK-USDT-SWAP | +0.0100% | 4h | 0.07368 | +0.218% | $761K | $14.8M | 20x | as long as short |
| MEXC FLOCK_USDT | +0.0100% | 4h | 0.07367 | +0.204% | $330K | $280K | 100x | as long as short |
| KuCoin FLOCKUSDTMshort | +0.0100% | 4h | 0.07355 | +0.041% | $1.2M | $809K | 20x | |
| Bitget FLOCKUSDT | +0.0100% | 4h | 0.07369 | +0.231% | $1.2M | $2.3M | 20x | as long as short |
| BingX FLOCK-USDT | +0.0100% | 4h | 0.07364 | +0.163% | — | $6.7M | — | as long as short |
| Variational Omni FLOCK | +0.0100% | 4h | 0.07350 | −0.030% | $171K | $354K | — | as long as short |
| Gate FLOCK_USDTlong | +0.0130% | 8h | 0.07352 | long leg | $772K | $1.9M | 50x |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster FLOCKUSDT | +0.0984% | 4h | 0.07363 | +0.155% | $1.6M | $3.7M | 5x | as long as short |
Gate FLOCK_USDT
KuCoin FLOCKUSDTM
BloFin FLOCK-USDT
Binance FLOCKUSDT
Bybit FLOCKUSDT
OKX FLOCK-USDT-SWAP
MEXC FLOCK_USDT
Bitget FLOCKUSDT
BingX FLOCK-USDT
Variational Omni FLOCK
Aster FLOCKUSDT