Funding you earn now, next payment 20:00 UTC−0.0043%/8hnext payment −$0.21 per $10,000 · paid last 24h −0.007%
Price spread now: BloFin against BingX−1.159%7-day average +0.090% · you buy dearer than you sell
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$196as in the Price arb table
costs, in and out, $10k−$710.714% of the position
Funding, last 7 days−0.119%−$12 on $10k
+Price spread, last 3 days (all we have)+1.231%+$123 · spread now −1.159%, 7d avg +0.090%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 1.250% cheaper against BingX than usual: you would sell low and buy high (−$125 if the spread goes back to its 7-day average of +0.090%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX FLOCK-USDT | 0.07676 | 0.0100 | pay 0.0050% / 4h | 6m 27s | — | $6.9M | — |
| Short | BloFin FLOCK-USDT | 0.07587 | 0.0057 | get 0.0029% / 4h | 6m 27s | $284K | $117K | 50x |
BingX FLOCK-USDT
BloFin FLOCK-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- −$8.97
- Price spread: −1.159% → +0.090%
- −$124.98
- Slippage, 4 orders
- −$49.4
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$205.35
- Costs to cover
- 0.714%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 min ago; BloFin: live order book, 22 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 BingX live order book, 6 min ago | 6.58 bp | 18.4 bp −$18 | 45.6 bp −$456 | 661.6 bp −$66.2K | doesn't fit |
| Sell BloFin live order book, 22 min ago | 3.28 bp | 18.4 bp −$18 | 47.4 bp −$474 | 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 | +0.0057% | 4h | 0.07587 | −1.159% | $284K | $117K | 50x | |
| Binance FLOCKUSDT | +0.0100% | 4h | 0.07667 | −0.117% | $5.7M | $66.3M | 50x | as long as short |
| Bybit FLOCKUSDT | +0.0100% | 4h | 0.07648 | −0.365% | $3.5M | $19.4M | 20x | as long as short |
| OKX FLOCK-USDT-SWAP | +0.0100% | 4h | 0.07647 | −0.378% | $850K | $23.1M | 20x | as long as short |
| Gate FLOCK_USDT | +0.0100% | 8h | 0.07678 | +0.026% | $824K | $3.3M | 50x | as long as short |
| MEXC FLOCK_USDT | +0.0100% | 4h | 0.07666 | −0.130% | $344K | $384K | 100x | as long as short |
| KuCoin FLOCKUSDTM | +0.0100% | 4h | 0.07680 | +0.052% | $1.2M | $2.4M | 20x | as long as short |
| Bitget FLOCKUSDT | +0.0100% | 4h | 0.07649 | −0.352% | $1.2M | $3.4M | 20x | as long as short |
| BingX FLOCK-USDTlong | +0.0100% | 4h | 0.07676 | long leg | — | $6.9M | — | |
| Variational Omni FLOCK | +0.0100% | 4h | 0.07602 | −0.965% | $181K | $829K | — | as long as short |
Binance FLOCKUSDT
Bybit FLOCKUSDT
OKX FLOCK-USDT-SWAP
Gate FLOCK_USDT
MEXC FLOCK_USDT
KuCoin FLOCKUSDTM
Bitget FLOCKUSDT
Variational Omni FLOCKShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster FLOCKUSDT | +0.0749% | 4h | 0.07669 | −0.091% | $1.6M | $7.9M | 5x | as long as short |
Aster FLOCKUSDT