Funding you earn now, next payment 08:00 UTC+0.0039%/8h= +4.3% APRnext payment +$0.19 per $10,000 · paid last 24h +0.004%
Price spread now: MEXC against BloFin+0.266%64s7-day average −0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as 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−$560.556% of the position
Funding, last 7 days+0.010%+$1 on $10k
+Price spread, last 4 days (all we have)−0.345%−$35 · spread now +0.266%, 7d avg −0.048%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and MEXC is 0.315% dearer against BloFin than usual: you sell high and buy low: +$31 more if the spread goes back to its 7-day average of −0.048%. The two prices were read 64 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 | 0.07505 | 0.0401 | pay 0.0201% / 4h | 16m 13s | $279K | $97K | 50x |
| Short | MEXC FLOCK_USDT | 0.07525 | 0.0440 | get 0.0220% / 4h | 16m 13s | $389K | $299K | 100x |
BloFin FLOCK-USDT
MEXC FLOCK_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $8.15
- Price spread: +0.266% → −0.048%
- $31.48
- Slippage, 4 orders
- −$39.57
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$15.93
- Costs to cover
- 0.556%
- Break-even
- 20.7 days
Slippage from BloFin: live order book, 55 min ago; MEXC: live order book, 4 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, 55 min ago | 5.94 bp | 18.7 bp −$19 | 38.8 bp −$388 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 2.00 bp | 7.4 bp −$7 | 26.0 bp −$260 | 174.3 bp −$17.4K | 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 | 0.07517 | +0.160% | $3.5M | $13.9M | 20x | as long as short |
| OKX FLOCK-USDT-SWAP | +0.0100% | 4h | 0.07522 | +0.227% | $762K | $15.0M | 20x | as long as short |
| KuCoin FLOCKUSDTM | +0.0100% | 4h | 0.07517 | +0.160% | $1.3M | $839K | 20x | as long as short |
| Bitget FLOCKUSDT | +0.0100% | 4h | 0.07520 | +0.200% | $1.2M | $2.3M | 20x | as long as short |
| Variational Omni FLOCK | +0.0100% | 4h | 0.07485 | −0.271% | $174K | $310K | — | as long as short |
| Gate FLOCK_USDT | +0.0235% | 8h | 0.07516 | +0.147% | $785K | $1.8M | 50x | as long as short |
| BloFin FLOCK-USDTlong | +0.0401% | 4h | 0.07505 | long leg | $279K | $97K | 50x | |
| BingX FLOCK-USDT | +0.0410% | 4h | 0.07517 | +0.160% | — | $6.8M | — | as long as short |
| MEXC FLOCK_USDTshort | +0.0440% | 4h | 0.07525 | +0.266% | $389K | $299K | 100x | |
| Binance FLOCKUSDT | +0.0450% | 4h | 0.07526 | +0.274% | $6.0M | $40.8M | 50x | as long as short |
Bybit FLOCKUSDT
OKX FLOCK-USDT-SWAP
KuCoin FLOCKUSDTM
Bitget FLOCKUSDT
Variational Omni FLOCK
Gate FLOCK_USDT
BingX FLOCK-USDT
Binance FLOCKUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster FLOCKUSDT | +0.1442% | 4h | 0.07497 | −0.102% | $1.6M | $3.7M | 5x | as long as short |
Aster FLOCKUSDT