Funding you earn now, next payment 08:00 UTC+0.0051%/8h= +5.6% APRnext payment +$0.26 per $10,000 · paid last 24h +0.004%
Price spread now: MEXC against BloFin0.000%64s7-day average −0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$540.541% of the position
Funding, last 7 days+0.010%+$1 on $10k
+Price spread, last 4 days (all we have)−0.139%−$14 · spread now 0.000%, 7d avg −0.050%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and MEXC is 0.050% dearer against BloFin than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.050%. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin FLOCK-USDT | 0.07287 | 0.0049 | pay 0.0024% / 4h | 3h 48m | $268K | $89K | 50x |
| Short | MEXC FLOCK_USDT | 0.07287 | 0.0100 | get 0.0050% / 4h | 3h 48m | $301K | $280K | 100x |
BloFin FLOCK-USDT
MEXC FLOCK_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against BloFin. 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
- $10.8
- Price spread: 0.000% → −0.050%
- $5
- Slippage, 4 orders
- −$38.06
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$38.26
- Costs to cover
- 0.541%
- Break-even
- 31.8 days
Slippage from BloFin: live order book, 44 min ago; MEXC: live order book, 52 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 BloFin live order book, 44 min ago | 5.50 bp | 18.3 bp −$18 | 30.6 bp −$306 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 52 min ago | 0.69 bp | 7.4 bp −$7 | 46.2 bp −$462 | 205.8 bp −$20.6K | 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-USDTlong | +0.0049% | 4h | 0.07287 | long leg | $268K | $89K | 50x | |
| Binance FLOCKUSDT | +0.0100% | 4h | 0.07294 | +0.091% | $5.7M | $39.4M | 50x | as long as short |
| OKX FLOCK-USDT-SWAP | +0.0100% | 4h | 0.07287 | 0.000% | $697K | $14.3M | 20x | as long as short |
| Gate FLOCK_USDT | +0.0100% | 8h | 0.07279 | −0.110% | $753K | $1.7M | 50x | as long as short |
| MEXC FLOCK_USDTshort | +0.0100% | 4h | 0.07287 | 0.000% | $301K | $280K | 100x | |
| KuCoin FLOCKUSDTM | +0.0100% | 4h | 0.07274 | −0.178% | $1.2M | $805K | 20x | as long as short |
| Bitget FLOCKUSDT | +0.0100% | 4h | 0.07285 | −0.027% | $1.1M | $2.2M | 20x | as long as short |
| BingX FLOCK-USDT | +0.0100% | 4h | 0.07281 | −0.082% | — | $6.7M | — | as long as short |
| Variational Omni FLOCK | +0.0100% | 4h | 0.07258 | −0.402% | $169K | $319K | — | as long as short |
| Bybit FLOCKUSDT | +0.0426% | 4h | 0.07286 | −0.014% | $3.3M | $13.3M | 20x | as long as short |
Binance FLOCKUSDT
OKX FLOCK-USDT-SWAP
Gate FLOCK_USDT
KuCoin FLOCKUSDTM
Bitget FLOCKUSDT
BingX FLOCK-USDT
Variational Omni FLOCK
Bybit FLOCKUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster FLOCKUSDT | +0.1113% | 4h | 0.07287 | −0.005% | $1.6M | $3.7M | 5x | as long as short |
Aster FLOCKUSDT