Funding you earn now, next payment 12:00 UTC−0.0532%/8h= −58.3% APRpaid last 24h −0.023%
Price spread now: KuCoin against Gate−0.038%7-day average +0.069% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,132as in the Price arb table
costs, in and out, $10k−$1,12211.216% of the position
Funding, last 7 days+0.022%+$2 on $10k
+Price spread, last 7 days−0.013%−$1 · spread now −0.038%, 7d avg +0.069%
=Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and KuCoin is 0.107% cheaper against Gate than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.069%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.022% in total (about 1.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate FLOCK_USDT | 0.07817 | 0.0632 | pay 0.0632% / 8h | 6h 53m | $914K | $972K | 50x |
| Short | KuCoin FLOCKUSDTM | 0.07814 | 0.0100 | get 0.0050% / 4h | 2h 53m | $1.4M | $496K | 20x |
Gate FLOCK_USDT
KuCoin FLOCKUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Gate. 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
- −$111.72
- Price spread: −0.038% → +0.069%
- −$10.72
- Slippage, 4 orders
- −$1,094.63
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,244.06
- Costs to cover
- 11.216%
- Break-even
- never at this rate
Slippage from Gate: live order book, 3 min ago; KuCoin: live order book, 2 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 Gate live order book, 3 min ago | 12.73 bp | 227.0 bp −$227 | 13132.7 bp −$131.3K | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 14.74 bp | 497.2 bp −$497 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit FLOCKUSDT | +0.0100% | 4h | 0.07819 | +0.026% | $3.8M | $9.8M | 20x | as long as short |
| OKX FLOCK-USDT-SWAP | +0.0100% | 4h | 0.07826 | +0.115% | $859K | $10.8M | 20x | as long as short |
| KuCoin FLOCKUSDTMshort | +0.0100% | 4h | 0.07814 | −0.038% | $1.4M | $496K | 20x | |
| Bitget FLOCKUSDT | +0.0100% | 4h | 0.07816 | −0.013% | $1.2M | $1.5M | 20x | as long as short |
| Variational Omni FLOCK | +0.0100% | 4h | 0.07868 | +0.658% | $182K | $93K | — | as long as short |
| Binance FLOCKUSDT | +0.0489% | 4h | 0.07822 | +0.069% | $6.3M | $25.3M | 50x | as long as short |
| BingX FLOCK-USDT | +0.0498% | 4h | 0.07823 | +0.077% | — | $6.7M | — | as long as short |
| MEXC FLOCK_USDT | +0.0500% | 4h | 0.07821 | +0.051% | $353K | $261K | 100x | as long as short |
| BloFin FLOCK-USDT | +0.0505% | 4h | 0.07819 | +0.026% | $291K | $102K | 50x | as long as short |
| Gate FLOCK_USDTlong | +0.0632% | 8h | 0.07817 | long leg | $914K | $972K | 50x |
Bybit FLOCKUSDT
OKX FLOCK-USDT-SWAP
Bitget FLOCKUSDT
Variational Omni FLOCK
Binance FLOCKUSDT
BingX FLOCK-USDT
MEXC FLOCK_USDT
BloFin FLOCK-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster FLOCKUSDT | +0.1625% | 4h | 0.07828 | +0.141% | $1.8M | $1.5M | 5x | as long as short |
Aster FLOCKUSDT