Funding you earn now, next payment 04:00 UTC+0.0018%/8h= +1.9% APRnext payment +$0.09 per $10,000 · paid last 24h +0.004%
Price spread now: OKX against BloFin−0.014%7-day average −0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$750.751% of the position
Funding, last 7 days+0.123%+$12 on $10k
+Price spread, last 4 days (all we have)−0.430%−$43 · spread now −0.014%, 7d avg −0.065%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and OKX is 0.051% dearer against BloFin than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.065%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin FLOCK-USDT | 0.07212 | 0.0082 | pay 0.0041% / 4h | 1h 05m | $268K | $87K | 50x |
| Short | OKX FLOCK-USDT-SWAP | 0.07211 | 0.0100 | get 0.0050% / 4h | 1h 05m | $696K | $14.3M | 20x |
BloFin FLOCK-USDT
OKX FLOCK-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $3.68
- Price spread: −0.014% → −0.065%
- $5.11
- Slippage, 4 orders
- −$53.07
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$66.28
- Costs to cover
- 0.751%
- Break-even
- 133.0 days
Slippage from BloFin: live order book, 34 min ago; OKX: live order book, 3 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, 34 min ago | 3.45 bp | 19.4 bp −$19 | 40.0 bp −$400 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 1.38 bp | 22.7 bp −$23 | 64.3 bp −$643 | 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 | +0.0082% | 4h | 0.07212 | long leg | $268K | $87K | 50x | |
| Binance FLOCKUSDT | +0.0100% | 4h | 0.07214 | +0.021% | $5.6M | $39.4M | 50x | as long as short |
| Bybit FLOCKUSDT | +0.0100% | 4h | 0.07207 | −0.069% | $3.3M | $13.3M | 20x | as long as short |
| OKX FLOCK-USDT-SWAPshort | +0.0100% | 4h | 0.07211 | −0.014% | $696K | $14.3M | 20x | |
| Gate FLOCK_USDT | +0.0100% | 8h | 0.07208 | −0.055% | $736K | $1.9M | 50x | as long as short |
| MEXC FLOCK_USDT | +0.0100% | 4h | 0.07213 | +0.014% | $322K | $279K | 100x | as long as short |
| KuCoin FLOCKUSDTM | +0.0100% | 4h | 0.07207 | −0.069% | $1.1M | $805K | 20x | as long as short |
| Bitget FLOCKUSDT | +0.0100% | 4h | 0.07200 | −0.166% | $1.1M | $2.2M | 20x | as long as short |
| BingX FLOCK-USDT | +0.0100% | 4h | 0.07210 | −0.028% | — | $6.7M | — | as long as short |
| Variational Omni FLOCK | +0.0100% | 4h | 0.07204 | −0.110% | $168K | $354K | — | as long as short |
Binance FLOCKUSDT
Bybit FLOCKUSDT
Gate FLOCK_USDT
MEXC FLOCK_USDT
KuCoin FLOCKUSDTM
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 | +0.1171% | 4h | 0.07221 | +0.127% | $1.6M | $3.7M | 5x | as long as short |
Aster FLOCKUSDT