Settings8H · net · $10k
Funding arb · Price arb /

FLOCK

all FLOCK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bybit against Gate+0.272%7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$1111.110% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.010%−$1 on $10k
Price spread, last 7 days−0.343%−$34 · spread now +0.272%, 7d avg −0.021%
Together, before fees−0.352%−$35 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.294% dearer against Gate than usual: you sell high and buy low, +$29 on $10k if it goes back to its 7-day average of −0.021%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate FLOCK_USDT0.073470.0100pay 0.0100% / 8h1h 33m$768K$2.0M50x
ShortBybit FLOCKUSDT0.073670.0100get 0.0050% / 4h1h 33m$3.3M$14.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Gate. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.272% → −0.021%
$29.36
Slippage, 4 orders
−$85.02
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$81.66
Costs to cover
1.110%
Break-even
never at this rate
Slippage from Gate: live order book, 5 min ago; Bybit: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 5 min ago6.11 bp29.4 bp −$29580.6 bp −$5,806doesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago4.76 bp22.4 bp −$22115.7 bp −$1,157doesn't fitdoesn't fit

FLOCK on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin FLOCK-USDT+0.0065%4h0.07373+0.354%$268K$85K50xas long as short
Binance FLOCKUSDT+0.0100%4h0.07371+0.327%$5.5M$41.7M50xas long as short
Bybit FLOCKUSDTshort+0.0100%4h0.07367+0.272%$3.3M$14.0M20x
OKX FLOCK-USDT-SWAP+0.0100%4h0.07367+0.272%$761K$15.7M20xas long as short
Gate FLOCK_USDTlong+0.0100%8h0.07347long leg$768K$2.0M50x
MEXC FLOCK_USDT+0.0100%4h0.07355+0.109%$332K$297K100xas long as short
KuCoin FLOCKUSDTM+0.0100%4h0.07352+0.068%$1.2M$840K20xas long as short
Bitget FLOCKUSDT+0.0100%4h0.07355+0.109%$1.1M$2.4M20xas long as short
BingX FLOCK-USDT+0.0100%4h0.07353+0.082%$6.8Mas long as short
Variational Omni FLOCK+0.0100%4h0.07365+0.247%$172K$354Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster FLOCKUSDT+0.0586%4h0.07365+0.246%$1.6M$3.9M5xas long as short