Funding you earn now, next payment 04:00 UTC+0.0318%/8h= +34.8% APRpaid last 24h 0.000%
Price spread now: Gate against KuCoin−0.014%7-day average −0.066% · you buy dearer than you sell
Net, funding: paid 7d − costs−$232as in the Funding arb table
Net, price: spread back to 7d avg − costs−$222as in the Price arb table
costs, in and out, $10k−$2272.271% of the position
Funding, last 7 days−0.045%−$5 on $10k
+Price spread, last 7 days+0.062%+$6 · spread now −0.014%, 7d avg −0.066%
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Gate is 0.052% dearer against KuCoin than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.066%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.045% in total (about -2.4% 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 | KuCoin FLOCKUSDTM | 0.07242 | 0.0100 | pay 0.0050% / 4h | 1h 57m | $1.2M | $809K | 20x |
| Short | Gate FLOCK_USDT | 0.07241 | 0.0418 | get 0.0418% / 8h | 5h 57m | $757K | $1.8M | 50x |
KuCoin FLOCKUSDTM
Gate FLOCK_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $66.78
- Price spread: −0.014% → −0.066%
- $5.21
- Slippage, 4 orders
- −$200.11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$155.12
- Costs to cover
- 2.271%
- Break-even
- 23.3 days
Slippage from KuCoin: live order book, 2 min ago; Gate: live order book, 5 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, 2 min ago | 14.49 bp | 103.0 bp −$103 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 7.56 bp | 31.3 bp −$31 | 73.5 bp −$735 | doesn't fit | doesn't fit |
FLOCK on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance FLOCKUSDT | +0.0100% | 4h | 0.07246 | +0.055% | $5.6M | $39.5M | 50x | as long as short |
| Bybit FLOCKUSDT | +0.0100% | 4h | 0.07239 | −0.041% | $3.4M | $13.3M | 20x | as long as short |
| OKX FLOCK-USDT-SWAP | +0.0100% | 4h | 0.07236 | −0.083% | $713K | $14.4M | 20x | as long as short |
| MEXC FLOCK_USDT | +0.0100% | 4h | 0.07246 | +0.055% | $323K | $276K | 100x | as long as short |
| KuCoin FLOCKUSDTMlong | +0.0100% | 4h | 0.07242 | long leg | $1.2M | $809K | 20x | |
| Bitget FLOCKUSDT | +0.0100% | 4h | 0.07239 | −0.041% | $1.1M | $2.2M | 20x | as long as short |
| BingX FLOCK-USDT | +0.0100% | 4h | 0.07242 | 0.000% | — | $6.7M | — | as long as short |
| Variational Omni FLOCK | +0.0100% | 4h | 0.07256 | +0.190% | $169K | $354K | — | as long as short |
| Gate FLOCK_USDTshort | +0.0418% | 8h | 0.07241 | −0.014% | $757K | $1.8M | 50x | |
| Aster FLOCKUSDT | +0.1338% | 4h | 0.07249 | +0.097% | $1.6M | $3.7M | 5x | as long as short |
Binance FLOCKUSDT
Bybit FLOCKUSDT
OKX FLOCK-USDT-SWAP
MEXC FLOCK_USDT
Bitget FLOCKUSDT
BingX FLOCK-USDT
Variational Omni FLOCK
Aster FLOCKUSDT