Funding you earn now, next payment 04:00 UTC+0.0043%/8h= +4.7% APRnext payment +$0.21 per $10,000 · paid last 24h −0.004%
Price spread now: BloFin against OKX+0.027%7-day average +0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$700.703% of the position
Funding, last 7 days−0.123%−$12 on $10k
+Price spread, last 3 days (all we have)−0.011%−$1 · spread now +0.027%, 7d avg +0.064%
=Funding pays, the price is against you. BloFin is 0.037% cheaper against OKX than usual: you would sell low and buy high (spread +0.027% now, against its 7-day average of +0.064%). If the spread goes back, that is −$4 on $10k: about 2.8 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.123%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX FLOCK-USDT-SWAP | 0.07343 | 0.0100 | pay 0.0050% / 4h | 3h 26m | $756K | $14.7M | 20x |
| Short | BloFin FLOCK-USDT | 0.07345 | 0.0143 | get 0.0071% / 4h | 3h 26m | $266K | $81K | 50x |
OKX FLOCK-USDT-SWAP
BloFin FLOCK-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against OKX. 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
- Price spread: +0.027% → +0.064%
- −$3.66
- Slippage, 4 orders
- −$48.3
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$64.96
- Costs to cover
- 0.703%
- Break-even
- 57.5 days
Slippage from OKX: live order book, 1 min ago; BloFin: live order book, 39 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 OKX live order book, 1 min ago | 1.36 bp | 17.3 bp −$17 | 111.4 bp −$1,114 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 39 min ago | 1.36 bp | 16.1 bp −$16 | 31.0 bp −$310 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance FLOCKUSDT | +0.0100% | 4h | 0.07345 | +0.030% | $5.6M | $39.4M | 50x | as long as short |
| Bybit FLOCKUSDT | +0.0100% | 4h | 0.07339 | −0.054% | $3.4M | $13.4M | 20x | as long as short |
| OKX FLOCK-USDT-SWAPlong | +0.0100% | 4h | 0.07343 | long leg | $756K | $14.7M | 20x | |
| Gate FLOCK_USDT | +0.0100% | 8h | 0.07338 | −0.068% | $771K | $1.9M | 50x | as long as short |
| MEXC FLOCK_USDT | +0.0100% | 4h | 0.07345 | +0.027% | $329K | $280K | 100x | as long as short |
| KuCoin FLOCKUSDTM | +0.0100% | 4h | 0.07337 | −0.082% | $1.2M | $810K | 20x | as long as short |
| Bitget FLOCKUSDT | +0.0100% | 4h | 0.07343 | 0.000% | $1.1M | $2.3M | 20x | as long as short |
| BingX FLOCK-USDT | +0.0100% | 4h | 0.07338 | −0.068% | — | $6.7M | — | as long as short |
| Variational Omni FLOCK | +0.0100% | 4h | 0.07337 | −0.084% | $171K | $354K | — | as long as short |
| BloFin FLOCK-USDTshort | +0.0143% | 4h | 0.07345 | +0.027% | $266K | $81K | 50x |
Binance FLOCKUSDT
Bybit FLOCKUSDT
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 | +0.0914% | 4h | 0.07355 | +0.161% | $1.6M | $3.7M | 5x | as long as short |
Aster FLOCKUSDT