Funding you earn now, next payment 00:00 UTC−0.0042%/8h= −4.6% APRnext payment −$0.21 per $10,000 · paid last 24h −0.004%
Price spread now: BloFin against Bybit+0.284%7-day average +0.152% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$710.711% of the position
Funding, last 7 days−0.010%−$1 on $10k
+Price spread, last 3 days (all we have)+0.009%+$1 · spread now +0.284%, 7d avg +0.152%
=The price spread pays, funding is against you. BloFin is 0.133% dearer against Bybit than usual: you sell high and buy low (spread +0.284% now, against its 7-day average of +0.152%): +$13 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 10 days. At the pace of the last 7 days (−0.010% in total) that is about 3 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit FLOCKUSDT | 0.07387 | 0.0100 | pay 0.0050% / 4h | 2h 00m | $3.4M | $14.0M | 20x |
| Short | BloFin FLOCK-USDT | 0.07408 | 0.0058 | get 0.0029% / 4h | 2h 00m | $272K | $86K | 50x |
Bybit FLOCKUSDT
BloFin FLOCK-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bybit. 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
- −$8.89
- Price spread: +0.284% → +0.152%
- $13.27
- Slippage, 4 orders
- −$48.1
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$66.73
- Costs to cover
- 0.711%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; BloFin: live order book, 16 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 Bybit live order book, 3 min ago | 4.06 bp | 21.8 bp −$22 | 140.3 bp −$1,403 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 16 min ago | 3.35 bp | 11.7 bp −$12 | 33.9 bp −$339 | 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-USDTshort | +0.0058% | 4h | 0.07408 | +0.284% | $272K | $86K | 50x | |
| Binance FLOCKUSDT | +0.0100% | 4h | 0.07385 | −0.027% | $5.5M | $42.1M | 50x | as long as short |
| Bybit FLOCKUSDTlong | +0.0100% | 4h | 0.07387 | long leg | $3.4M | $14.0M | 20x | |
| OKX FLOCK-USDT-SWAP | +0.0100% | 4h | 0.07385 | −0.027% | $840K | $15.8M | 20x | as long as short |
| Gate FLOCK_USDT | +0.0100% | 8h | 0.07383 | −0.054% | $776K | $2.0M | 50x | as long as short |
| MEXC FLOCK_USDT | +0.0100% | 4h | 0.07391 | +0.054% | $340K | $381K | 100x | as long as short |
| KuCoin FLOCKUSDTM | +0.0100% | 4h | 0.07388 | +0.014% | $1.2M | $848K | 20x | as long as short |
| Bitget FLOCKUSDT | +0.0100% | 4h | 0.07380 | −0.095% | $1.1M | $2.4M | 20x | as long as short |
| BingX FLOCK-USDT | +0.0100% | 4h | 0.07386 | −0.014% | — | $6.8M | — | as long as short |
| Variational Omni FLOCK | +0.0100% | 4h | 0.07407 | +0.266% | $173K | $354K | — | as long as short |
Binance FLOCKUSDT
OKX FLOCK-USDT-SWAP
Gate FLOCK_USDT
MEXC FLOCK_USDT
KuCoin FLOCKUSDTM
Bitget FLOCKUSDT
BingX FLOCK-USDT
Variational Omni FLOCKShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster FLOCKUSDT | +0.0557% | 4h | 0.07408 | +0.282% | $1.6M | $4.0M | 5x | as long as short |
Aster FLOCKUSDT