Funding you earn now, next payment 08:00 UTC+0.0242%/8h= +26.5% APRnext payment +$1.21 per $10,000 · paid last 24h −0.004%
Price spread now: BloFin against KuCoin−0.459%95s7-day average +0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$216as 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−$2092.093% of the position
Funding, last 7 days−0.064%−$6 on $10k
+Price spread, last 4 days (all we have)+0.525%+$53 · spread now −0.459%, 7d avg +0.063%
=Funding pays, the price is against you. BloFin is 0.522% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.459% now, against its 7-day average of +0.063%). If the spread goes back, that is −$52 on $10k: about 7.2 days of funding at the current rate (+$7 a day). Mind the row above: over the last 7 days funding on this pair cost −0.064%, so the current rate has only just turned in your favour. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.064% in total (about -3.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.21 per $10,000. 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 | KuCoin FLOCKUSDTM | 0.07407 | 0.0100 | pay 0.0050% / 4h | 1h 23m | $1.2M | $803K | 20x |
| Short | BloFin FLOCK-USDT | 0.07373 | 0.0342 | get 0.0171% / 4h | 1h 23m | $262K | $91K | 50x |
KuCoin FLOCKUSDTM
BloFin FLOCK-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against KuCoin. 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
- $50.85
- Price spread: −0.459% → +0.063%
- −$52.24
- Slippage, 4 orders
- −$185.27
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$210.66
- Costs to cover
- 2.093%
- Break-even
- 36.0 days
Slippage from KuCoin: live order book, 1 min ago; BloFin: live order book, 53 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 KuCoin live order book, 1 min ago | 11.50 bp | 125.7 bp −$126 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 53 min ago | 0.69 bp | 20.4 bp −$20 | 41.6 bp −$416 | 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 | 0.07436 | +0.392% | $3.4M | $13.2M | 20x | as long as short |
| KuCoin FLOCKUSDTMlong | +0.0100% | 4h | 0.07407 | long leg | $1.2M | $803K | 20x | |
| Bitget FLOCKUSDT | +0.0100% | 4h | 0.07436 | +0.392% | $1.2M | $2.2M | 20x | as long as short |
| Variational Omni FLOCK | +0.0100% | 4h | 0.07362 | −0.605% | $171K | $310K | — | as long as short |
| Gate FLOCK_USDT | +0.0160% | 8h | 0.07400 | −0.095% | $772K | $1.7M | 50x | as long as short |
| BingX FLOCK-USDT | +0.0230% | 4h | 0.07426 | +0.257% | — | $6.8M | — | as long as short |
| OKX FLOCK-USDT-SWAP | +0.0236% | 4h | 0.07439 | +0.432% | $681K | $14.3M | 20x | as long as short |
| BloFin FLOCK-USDTshort | +0.0342% | 4h | 0.07373 | −0.459% | $262K | $91K | 50x | |
| MEXC FLOCK_USDT | +0.0350% | 4h | 0.07436 | +0.392% | $334K | $283K | 100x | as long as short |
| Binance FLOCKUSDT | +0.0354% | 4h | 0.07436 | +0.398% | $5.7M | $39.3M | 50x | as long as short |
Bybit FLOCKUSDT
Bitget FLOCKUSDT
Variational Omni FLOCK
Gate FLOCK_USDT
BingX FLOCK-USDT
OKX FLOCK-USDT-SWAP
MEXC FLOCK_USDT
Binance FLOCKUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster FLOCKUSDT | +0.1464% | 4h | 0.07406 | −0.009% | $1.6M | $3.7M | 5x | as long as short |
Aster FLOCKUSDT