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

FLOCK

all FLOCK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0124%/8h= +13.6% APRnext payment +$0.62 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against KuCoin+0.096%7-day average −0.084% · you sell dearer than you buy
Net, funding: paid 7d − costs−$291as in the Funding arb table
Net, price: spread back to 7d avg − costs−$268as in the Price arb table
costs, in and out, $10k−$2862.856% 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+0.064%+$6 · spread now +0.096%, 7d avg −0.084%
Together, before fees+0.009%+$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Bybit is 0.180% dearer against KuCoin than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of −0.084%. Mind the row above: over the last 7 days funding on this pair cost −0.055%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin FLOCKUSDTM0.072610.0100pay 0.0050% / 4h3h 25m$1.2M$805K20x
ShortBybit FLOCKUSDT0.072680.0224get 0.0112% / 4h3h 25m$3.3M$13.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against KuCoin. 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
$26.01
Price spread: +0.096% → −0.084%
$18
Slippage, 4 orders
−$262.57
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$241.55
Costs to cover
2.856%
Break-even
72.0 days
Slippage from KuCoin: live order book, 5 min ago; Bybit: live order book, 3 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 KuCoin live order book, 5 min ago11.00 bp193.2 bp −$193doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago2.75 bp18.7 bp −$19101.5 bp −$1,015doesn'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+0.0049%4h0.07279+0.248%$267K$89K50xas long as short
Binance FLOCKUSDT+0.0100%4h0.07273+0.163%$5.7M$39.4M50xas long as short
OKX FLOCK-USDT-SWAP+0.0100%4h0.07275+0.193%$692K$14.2M20xas long as short
Gate FLOCK_USDT+0.0100%8h0.07264+0.041%$753K$1.7M50xas long as short
MEXC FLOCK_USDT+0.0100%4h0.07274+0.179%$312K$282K100xas long as short
KuCoin FLOCKUSDTMlong+0.0100%4h0.07261long leg$1.2M$805K20x
Bitget FLOCKUSDT+0.0100%4h0.07266+0.069%$1.1M$2.2M20xas long as short
BingX FLOCK-USDT+0.0100%4h0.07266+0.069%$6.7Mas long as short
Variational Omni FLOCK+0.0100%4h0.07268+0.099%$169K$320Kas long as short
Bybit FLOCKUSDTshort+0.0224%4h0.07268+0.096%$3.3M$13.3M20x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster FLOCKUSDT+0.1090%4h0.07285+0.324%$1.6M$3.7M5xas long as short