Funding you earn now, next payment 08:00 UTC−0.0514%/8h= −56.2% APRnext payment −$2.57 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Binance−0.040%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$820.818% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 7 days+0.104%+$10 · spread now −0.040%, 7d avg −0.038%
=The price spread sits at its 7-day average of −0.038%, so right now this pair is about funding alone: −$15 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.009% in total (about 0.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.57 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance FLOCKUSDT | 0.07554 | 0.0614 | pay 0.0307% / 4h | 0m 02s | $6.1M | $41.1M | 50x |
| Short | Bitget FLOCKUSDT | 0.07551 | 0.0100 | get 0.0050% / 4h | 0m 02s | $1.2M | $2.3M | 20x |
Binance FLOCKUSDT
Bitget FLOCKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. 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
- −$107.84
- Price spread: −0.040% → −0.038%
- −$0.2
- Slippage, 4 orders
- −$59.78
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$189.82
- Costs to cover
- 0.818%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; Bitget: live order book, 2 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 Binance live order book, 12 min ago | 1.98 bp | 21.3 bp −$21 | 53.5 bp −$535 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 6.63 bp | 26.8 bp −$27 | 68.3 bp −$683 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit FLOCKUSDT | +0.0100% | 4h | 0.07550 | −0.053% | $3.5M | $14.0M | 20x | as long as short |
| OKX FLOCK-USDT-SWAP | +0.0100% | 4h | 0.07546 | −0.106% | $763K | $15.1M | 20x | as long as short |
| KuCoin FLOCKUSDTM | +0.0100% | 4h | 0.07559 | +0.066% | $1.3M | $840K | 20x | as long as short |
| Bitget FLOCKUSDTshort | +0.0100% | 4h | 0.07551 | −0.040% | $1.2M | $2.3M | 20x | |
| Variational Omni FLOCK | +0.0100% | 4h | 0.07558 | +0.059% | $175K | $310K | — | as long as short |
| Gate FLOCK_USDT | +0.0328% | 8h | 0.07555 | +0.013% | $828K | $1.8M | 50x | as long as short |
| BingX FLOCK-USDT | +0.0584% | 4h | 0.07554 | 0.000% | — | $6.8M | — | as long as short |
| MEXC FLOCK_USDT | +0.0612% | 4h | 0.07556 | +0.026% | $390K | $301K | 100x | as long as short |
| Binance FLOCKUSDTlong | +0.0614% | 4h | 0.07554 | long leg | $6.1M | $41.1M | 50x | |
| BloFin FLOCK-USDT | +0.0648% | 4h | 0.07574 | +0.265% | $284K | $99K | 50x | as long as short |
Bybit FLOCKUSDT
OKX FLOCK-USDT-SWAP
KuCoin FLOCKUSDTM
Variational Omni FLOCK
Gate FLOCK_USDT
BingX FLOCK-USDT
MEXC FLOCK_USDT
BloFin FLOCK-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster FLOCKUSDT | +0.1601% | 4h | 0.07570 | +0.206% | $1.6M | $3.7M | 5x | as long as short |
Aster FLOCKUSDT