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

FLOCK

all FLOCK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0972%/8h= −106.5% APRpaid last 24h −0.243%
Price spread now: Gate against Aster−0.219%7-day average −0.157% · you buy dearer than you sell
Net, funding: paid 7d − costs−$258as in the Funding arb table
Net, price: spread back to 7d avg − costs−$180as in the Price arb table
costs, in and out, $10k−$1741.741% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.839%−$84 on $10k
Price spread, last 7 days−0.053%−$5 · spread now −0.219%, 7d avg −0.157%
Together, before fees−0.892%+ Points / potential airdropAster: Stage 5 · farm board−$89 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$29 a day on $10k at the current rate, and Gate is 0.061% cheaper against Aster than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.157%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster FLOCKUSDT0.073160.1375pay 0.0688% / 4h2h 28m$1.6M$3.7M5x
ShortGate FLOCK_USDT0.073000.0403get 0.0403% / 8h6h 28m$762K$1.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Aster. 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
−$204.17
Price spread: −0.219% → −0.157%
−$6.14
Slippage, 4 orders
−$151.11
Fee Aster: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$384.42
Costs to cover
1.741%
Break-even
never at this rate
Slippage from Aster: live order book, 5 min ago; Gate: live order book, 4 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 Aster live order book, 5 min ago10.92 bp55.9 bp −$56227.9 bp −$2,279doesn't fitdoesn't fit
Sell Gate live order book, 4 min ago8.20 bp27.8 bp −$2873.1 bp −$731doesn't fitdoesn't fit

FLOCK on 10 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
Binance FLOCKUSDT+0.0100%4h0.07300−0.219%$5.6M$39.4M50xas long as short
Bybit FLOCKUSDT+0.0100%4h0.07298−0.246%$3.4M$13.3M20xas long as short
OKX FLOCK-USDT-SWAP+0.0100%4h0.07296−0.273%$727K$14.6M20xas long as short
MEXC FLOCK_USDT+0.0100%4h0.07300−0.219%$331K$278K100xas long as short
KuCoin FLOCKUSDTM+0.0100%4h0.07305−0.150%$1.2M$810K20xas long as short
Bitget FLOCKUSDT+0.0100%4h0.07299−0.232%$1.2M$2.2M20xas long as short
BingX FLOCK-USDT+0.0100%4h0.07296−0.273%$6.8Mas long as short
Variational Omni FLOCK+0.0100%4h0.07313−0.036%$170K$354Kas long as short
Gate FLOCK_USDTshort+0.0403%8h0.07300−0.219%$762K$1.9M50x
Aster FLOCKUSDTlong+0.1375%4h0.07316long leg$1.6M$3.7M5x