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

FLOCK

all FLOCK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0194%/8h= −21.3% APRpaid last 24h +0.004%
Price spread now: Gate against BloFin−0.133%7-day average −0.133% · you buy dearer than you sell
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$1021.017% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.019%+$2 on $10k
Price spread, last 4 days (all we have)+0.059%+$6 · spread now −0.133%, 7d avg −0.133%
Together, before fees+0.078%+$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.133%, so right now this pair is about funding alone: −$6 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 0.019% in total (about 1.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin FLOCK-USDT0.075280.0435pay 0.0218% / 4h39m 04s$277K$96K50x
ShortGate FLOCK_USDT0.075180.0241get 0.0241% / 8h39m 04s$786K$1.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against BloFin. 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
−$40.75
Price spread: −0.133% → −0.133%
$0.05
Slippage, 4 orders
−$74.67
Fee BloFin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$142.38
Costs to cover
1.017%
Break-even
never at this rate
Slippage from BloFin: live order book, 33 min ago; Gate: live order book, 3 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 BloFin live order book, 33 min ago5.94 bp18.7 bp −$1938.8 bp −$388doesn't fitdoesn't fit
Sell Gate live order book, 3 min ago6.63 bp32.8 bp −$3380.3 bp −$803doesn'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
Bybit FLOCKUSDT+0.0100%4h0.07518−0.133%$3.6M$13.7M20xas long as short
OKX FLOCK-USDT-SWAP+0.0100%4h0.07529+0.013%$746K$14.9M20xas long as short
KuCoin FLOCKUSDTM+0.0100%4h0.07525−0.040%$1.3M$837K20xas long as short
Bitget FLOCKUSDT+0.0100%4h0.07513−0.199%$1.2M$2.3M20xas long as short
Variational Omni FLOCK+0.0100%4h0.07527−0.013%$174K$311Kas long as short
Gate FLOCK_USDTshort+0.0241%8h0.07518−0.133%$786K$1.8M50x
BloFin FLOCK-USDTlong+0.0435%4h0.07528long leg$277K$96K50x
BingX FLOCK-USDT+0.0466%4h0.07517−0.146%$6.8Mas long as short
Binance FLOCKUSDT+0.0476%4h0.07515−0.179%$6.0M$40.6M50xas long as short
MEXC FLOCK_USDT+0.0478%4h0.07518−0.133%$391K$297K100xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster FLOCKUSDT+0.1525%4h0.07529+0.017%$1.6M$3.7M5xas long as short