Funding you earn now, next payment 00:00 UTC+0.0048%/8h= +5.2% APRnext payment +$0.24 per $10,000 · paid last 24h +0.004%
Price spread now: KuCoin against BloFin−0.122%95s7-day average −0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1411.413% of the position
Funding, last 7 days+0.064%+$6 on $10k
+Price spread, last 3 days (all we have)−0.026%−$3 · spread now −0.122%, 7d avg −0.051%
=Funding pays, the price is against you. KuCoin is 0.071% cheaper against BloFin than usual: you would sell low and buy high (spread −0.122% now, against its 7-day average of −0.051%). If the spread goes back, that is −$7 on $10k: about 5.0 days of funding at the current rate (+$1 a day). The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin FLOCK-USDT | 0.07402 | 0.0052 | pay 0.0026% / 4h | 1h 45m | $268K | $86K | 50x |
| Short | KuCoin FLOCKUSDTM | 0.07393 | 0.0100 | get 0.0050% / 4h | 1h 45m | $1.2M | $846K | 20x |
BloFin FLOCK-USDT
KuCoin FLOCKUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BloFin. 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
- $10.02
- Price spread: −0.122% → −0.051%
- −$7.09
- Slippage, 4 orders
- −$117.28
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$138.35
- Costs to cover
- 1.413%
- Break-even
- 103.6 days
Slippage from BloFin: live order book, 31 min ago; KuCoin: live order book, 5 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 BloFin live order book, 31 min ago | 3.35 bp | 15.7 bp −$16 | 43.4 bp −$434 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 10.12 bp | 39.9 bp −$40 | 263.1 bp −$2,631 | 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-USDTlong | +0.0052% | 4h | 0.07402 | long leg | $268K | $86K | 50x | |
| Binance FLOCKUSDT | +0.0100% | 4h | 0.07402 | 0.000% | $5.5M | $41.8M | 50x | as long as short |
| Bybit FLOCKUSDT | +0.0100% | 4h | 0.07397 | −0.068% | $3.3M | $14.0M | 20x | as long as short |
| OKX FLOCK-USDT-SWAP | +0.0100% | 4h | 0.07396 | −0.081% | $841K | $15.7M | 20x | as long as short |
| Gate FLOCK_USDT | +0.0100% | 8h | 0.07393 | −0.122% | $773K | $2.0M | 50x | as long as short |
| MEXC FLOCK_USDT | +0.0100% | 4h | 0.07405 | +0.041% | $341K | $295K | 100x | as long as short |
| KuCoin FLOCKUSDTMshort | +0.0100% | 4h | 0.07393 | −0.122% | $1.2M | $846K | 20x | |
| Bitget FLOCKUSDT | +0.0100% | 4h | 0.07396 | −0.081% | $1.1M | $2.4M | 20x | as long as short |
| BingX FLOCK-USDT | +0.0100% | 4h | 0.07395 | −0.095% | — | $6.8M | — | as long as short |
| Variational Omni FLOCK | +0.0100% | 4h | 0.07397 | −0.063% | $173K | $354K | — | as long as short |
Binance FLOCKUSDT
Bybit FLOCKUSDT
OKX FLOCK-USDT-SWAP
Gate FLOCK_USDT
MEXC FLOCK_USDT
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 | +0.0606% | 4h | 0.07416 | +0.187% | $1.6M | $4.0M | 5x | as long as short |
Aster FLOCKUSDT