Funding you earn now, next payment 08:00 UTC−0.0044%/8h= −4.8% APRnext payment −$0.22 per $10,000 · paid last 24h −0.004%
Price spread now: BloFin against BingX+0.200%7-day average +0.089% · you sell dearer than you buy
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$790.792% of the position
Funding, last 7 days−0.118%−$12 on $10k
+Price spread, last 4 days (all we have)−0.125%−$13 · spread now +0.200%, 7d avg +0.089%
=The price spread pays, funding is against you. BloFin is 0.111% dearer against BingX than usual: you sell high and buy low (spread +0.200% now, against its 7-day average of +0.089%): +$11 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 8.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX FLOCK-USDT | 0.07490 | 0.0514 | pay 0.0257% / 4h | 1h 04m | — | $6.8M | — |
| Short | BloFin FLOCK-USDT | 0.07505 | 0.0470 | get 0.0235% / 4h | 1h 04m | $271K | $94K | 50x |
BingX FLOCK-USDT
BloFin FLOCK-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- −$9.15
- Price spread: +0.200% → +0.089%
- $11.12
- Slippage, 4 orders
- −$57.17
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$77.21
- Costs to cover
- 0.792%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; BloFin: live order book, 7 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 BingX live order book, 3 min ago | 6.66 bp | 20.9 bp −$21 | 48.4 bp −$484 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 7 min ago | 5.94 bp | 18.7 bp −$19 | 33.4 bp −$334 | 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 | 0.07489 | −0.013% | $3.5M | $13.4M | 20x | as long as short |
| KuCoin FLOCKUSDTM | +0.0100% | 4h | 0.07492 | +0.027% | $1.2M | $824K | 20x | as long as short |
| Bitget FLOCKUSDT | +0.0100% | 4h | 0.07495 | +0.067% | $1.2M | $2.2M | 20x | as long as short |
| Variational Omni FLOCK | +0.0100% | 4h | 0.07501 | +0.143% | $174K | $311K | — | as long as short |
| OKX FLOCK-USDT-SWAP | +0.0187% | 4h | 0.07479 | −0.147% | $719K | $14.6M | 20x | as long as short |
| Gate FLOCK_USDT | +0.0239% | 8h | 0.07494 | +0.053% | $785K | $1.8M | 50x | as long as short |
| BloFin FLOCK-USDTshort | +0.0470% | 4h | 0.07505 | +0.200% | $271K | $94K | 50x | |
| BingX FLOCK-USDTlong | +0.0514% | 4h | 0.07490 | long leg | — | $6.8M | — | |
| Binance FLOCKUSDT | +0.0516% | 4h | 0.07493 | +0.040% | $5.9M | $39.9M | 50x | as long as short |
| MEXC FLOCK_USDT | +0.0526% | 4h | 0.07496 | +0.080% | $394K | $298K | 100x | as long as short |
Bybit FLOCKUSDT
KuCoin FLOCKUSDTM
Bitget FLOCKUSDT
Variational Omni FLOCK
OKX FLOCK-USDT-SWAP
Gate FLOCK_USDT
Binance FLOCKUSDT
MEXC FLOCK_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster FLOCKUSDT | +0.1593% | 4h | 0.07494 | +0.055% | $1.6M | $3.7M | 5x | as long as short |
Aster FLOCKUSDT