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

FLOCK

all FLOCK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bybit−0.122%7-day average +0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$910.907% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.113%+$11 on $10k
Price spread, last 7 days+0.175%+$17 · spread now −0.122%, 7d avg +0.064%
Together, before fees+0.287%+$29 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: OKX is 0.186% cheaper against Bybit than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of +0.064%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit FLOCKUSDT0.073970.0100pay 0.0050% / 4h2h 03m$3.4M$14.0M20x
ShortOKX FLOCK-USDT-SWAP0.073880.0100get 0.0050% / 4h2h 03m$842K$15.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.122% → +0.064%
−$18.61
Slippage, 4 orders
−$69.73
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee OKX: 5 bp × 2 orders
−$10
Net
−$109.35
Costs to cover
0.907%
Break-even
never at this rate
Slippage from Bybit: live order book, 5 min ago; OKX: live order book, 5 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, 5 min ago2.69 bp24.7 bp −$25237.5 bp −$2,375doesn't fitdoesn't fit
Sell OKX live order book, 5 min ago0.67 bp23.9 bp −$2468.4 bp −$684doesn'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
BloFin FLOCK-USDT+0.0048%4h0.07362−0.473%$269K$86K50xas long as short
Binance FLOCKUSDT+0.0100%4h0.07396−0.014%$5.5M$42.2M50xas long as short
Bybit FLOCKUSDTlong+0.0100%4h0.07397long leg$3.4M$14.0M20x
OKX FLOCK-USDT-SWAPshort+0.0100%4h0.07388−0.122%$842K$15.8M20x
Gate FLOCK_USDT+0.0100%8h0.07385−0.162%$777K$2.0M50xas long as short
MEXC FLOCK_USDT+0.0100%4h0.073970.000%$340K$380K100xas long as short
KuCoin FLOCKUSDTM+0.0100%4h0.07388−0.122%$1.2M$849K20xas long as short
Bitget FLOCKUSDT+0.0100%4h0.073970.000%$1.1M$2.4M20xas long as short
BingX FLOCK-USDT+0.0100%4h0.07391−0.081%$6.8Mas long as short
Variational Omni FLOCK+0.0100%4h0.07407+0.131%$173K$354Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster FLOCKUSDT+0.0523%4h0.07404+0.095%$1.6M$4.0M5xas long as short