Funding you earn now, next payment 12:00 UTC−0.0006%/8h= −0.6% APRnext payment −$0.03 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC+0.031%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$570.572% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.806%+$81 · spread now +0.031%, 7d avg +0.008%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.023% dearer against MEXC than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.008%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC FLOCK_USDT | 0.07857 | 0.0530 | pay 0.0265% / 4h | 3h 00m | $366K | $309K | 100x |
| Short | Binance FLOCKUSDT | 0.07859 | 0.0524 | get 0.0262% / 4h | 3h 00m | $6.3M | $25.4M | 50x |
MEXC FLOCK_USDT
Binance FLOCKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against MEXC. 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
- −$1.19
- Price spread: +0.031% → +0.008%
- $2.33
- Slippage, 4 orders
- −$43.23
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$56.08
- Costs to cover
- 0.572%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 15 min ago; Binance: live order book, 11 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 MEXC live order book, 15 min ago | 1.30 bp | 8.5 bp −$9 | 40.6 bp −$406 | 202.8 bp −$20.3K | doesn't fit |
| Sell Binance live order book, 11 min ago | 1.28 bp | 15.5 bp −$15 | 50.8 bp −$508 | 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 | 0.07855 | −0.025% | $3.7M | $9.8M | 20x | as long as short |
| OKX FLOCK-USDT-SWAP | +0.0100% | 4h | 0.07870 | +0.165% | $833K | $10.9M | 20x | as long as short |
| KuCoin FLOCKUSDTM | +0.0100% | 4h | 0.07844 | −0.165% | $1.4M | $495K | 20x | as long as short |
| Bitget FLOCKUSDT | +0.0100% | 4h | 0.07852 | −0.064% | $1.2M | $1.5M | 20x | as long as short |
| Variational Omni FLOCK | +0.0100% | 4h | 0.07852 | −0.069% | $182K | $97K | — | as long as short |
| Binance FLOCKUSDTshort | +0.0524% | 4h | 0.07859 | +0.031% | $6.3M | $25.4M | 50x | |
| BingX FLOCK-USDT | +0.0528% | 4h | 0.07858 | +0.013% | — | $6.7M | — | as long as short |
| MEXC FLOCK_USDTlong | +0.0530% | 4h | 0.07857 | long leg | $366K | $309K | 100x | |
| BloFin FLOCK-USDT | +0.0560% | 4h | 0.07859 | +0.025% | $290K | $100K | 50x | as long as short |
| Gate FLOCK_USDT | +0.0858% | 8h | 0.07849 | −0.102% | $919K | $1.2M | 50x | as long as short |
Bybit FLOCKUSDT
OKX FLOCK-USDT-SWAP
KuCoin FLOCKUSDTM
Bitget FLOCKUSDT
Variational Omni FLOCK
BingX FLOCK-USDT
BloFin FLOCK-USDT
Gate FLOCK_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster FLOCKUSDT | +0.1667% | 4h | 0.07854 | −0.038% | $1.8M | $1.5M | 5x | as long as short |
Aster FLOCKUSDT