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

FLOCK

all FLOCK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bybit0.000%7-day average +0.085% · you sell dearer than you buy
Net, funding: paid 7d − costs−$139as in the Funding arb table
Net, price: spread back to 7d avg − costs−$153as in the Price arb table
costs, in and out, $10k−$1451.449% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.055%+$5 on $10k
Price spread, last 7 days−0.008%−$1 · spread now 0.000%, 7d avg +0.085%
Together, before fees+0.047%+$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.085% cheaper against Bybit than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.085%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit FLOCKUSDT0.073370.0100pay 0.0050% / 4h3h 26m$3.4M$13.4M20x
ShortKuCoin FLOCKUSDTM0.073370.0100get 0.0050% / 4h3h 26m$1.2M$810K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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
$0
Price spread: 0.000% → +0.085%
−$8.54
Slippage, 4 orders
−$121.89
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$153.42
Costs to cover
1.449%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; KuCoin: live order book, 4 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 Bybit live order book, 2 min ago4.08 bp22.7 bp −$23141.1 bp −$1,411doesn't fitdoesn't fit
Sell KuCoin live order book, 4 min ago10.22 bp39.6 bp −$40294.1 bp −$2,941doesn'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
Binance FLOCKUSDT+0.0100%4h0.07347+0.140%$5.6M$39.4M50xas long as short
Bybit FLOCKUSDTlong+0.0100%4h0.07337long leg$3.4M$13.4M20x
OKX FLOCK-USDT-SWAP+0.0100%4h0.07345+0.109%$757K$14.7M20xas long as short
Gate FLOCK_USDT+0.0100%8h0.07339+0.027%$771K$1.9M50xas long as short
MEXC FLOCK_USDT+0.0100%4h0.07345+0.109%$329K$280K100xas long as short
KuCoin FLOCKUSDTMshort+0.0100%4h0.073370.000%$1.2M$810K20x
Bitget FLOCKUSDT+0.0100%4h0.07346+0.123%$1.1M$2.3M20xas long as short
BingX FLOCK-USDT+0.0100%4h0.07343+0.082%$6.7Mas long as short
Variational Omni FLOCK+0.0100%4h0.07344+0.093%$171K$354Kas long as short
BloFin FLOCK-USDT+0.0143%4h0.07345+0.109%$266K$81K50xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster FLOCKUSDT+0.0914%4h0.07355+0.245%$1.6M$3.7M5xas long as short