Funding you earn now, next payment 08:00 UTC+0.0228%/8h= +25.0% APRpaid last 24h 0.000%
Price spread now: Gate against Bitget+0.093%7-day average −0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$1071.069% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 7 days−0.200%−$20 · spread now +0.093%, 7d avg −0.018%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Gate is 0.111% dearer against Bitget than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.018%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.001% in total (about 0.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget FLOCKUSDT | 0.07549 | 0.0100 | pay 0.0050% / 4h | 0m 31s | $1.2M | $2.3M | 20x |
| Short | Gate FLOCK_USDT | 0.07556 | 0.0328 | get 0.0328% / 8h | 0m 31s | $828K | $1.8M | 50x |
Bitget FLOCKUSDT
Gate FLOCK_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bitget. 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
- $47.88
- Price spread: +0.093% → −0.018%
- $11.06
- Slippage, 4 orders
- −$79.87
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$47.92
- Costs to cover
- 1.069%
- Break-even
- 14.0 days
Slippage from Bitget: live order book, 2 min ago; Gate: live order book, 2 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 Bitget live order book, 2 min ago | 6.63 bp | 19.6 bp −$20 | 96.1 bp −$961 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 7.28 bp | 30.0 bp −$30 | 62.8 bp −$628 | 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 | 0.07547 | −0.026% | $3.5M | $14.0M | 20x | as long as short |
| OKX FLOCK-USDT-SWAP | +0.0100% | 4h | 0.07546 | −0.040% | $763K | $15.1M | 20x | as long as short |
| KuCoin FLOCKUSDTM | +0.0100% | 4h | 0.07559 | +0.132% | $1.3M | $840K | 20x | as long as short |
| Bitget FLOCKUSDTlong | +0.0100% | 4h | 0.07549 | long leg | $1.2M | $2.3M | 20x | |
| Variational Omni FLOCK | +0.0100% | 4h | 0.07558 | +0.126% | $175K | $310K | — | as long as short |
| Gate FLOCK_USDTshort | +0.0328% | 8h | 0.07556 | +0.093% | $828K | $1.8M | 50x | |
| BingX FLOCK-USDT | +0.0584% | 4h | 0.07556 | +0.093% | — | $6.8M | — | as long as short |
| MEXC FLOCK_USDT | +0.0612% | 4h | 0.07566 | +0.225% | $390K | $301K | 100x | as long as short |
| Binance FLOCKUSDT | +0.0614% | 4h | 0.07557 | +0.106% | $6.1M | $41.1M | 50x | as long as short |
| BloFin FLOCK-USDT | +0.0648% | 4h | 0.07574 | +0.331% | $284K | $99K | 50x | as long as short |
Bybit FLOCKUSDT
OKX FLOCK-USDT-SWAP
KuCoin FLOCKUSDTM
Variational Omni FLOCK
BingX FLOCK-USDT
MEXC FLOCK_USDT
Binance FLOCKUSDT
BloFin FLOCK-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster FLOCKUSDT | +0.1601% | 4h | 0.07569 | +0.272% | $1.6M | $3.7M | 5x | as long as short |
Aster FLOCKUSDT