FLOCK

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0430%/8h= −47.1% APRnext payment −$2.15 per $10,000 · paid last 24h −0.026%

Price spread now: Variational Omni against MEXC+0.032%7-day average −0.155% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on MEXC Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.026%−$3 on $10k

Price spread, last 4 days (all we have)−0.097%−$10 · spread now +0.032%, 7d avg −0.155%

Together, before fees−0.123%+ Points / potential airdropVariational Omni: Active · farm board−$12 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Variational Omni is 0.188% dearer against MEXC than usual: you sell high and buy low (spread +0.032% now, against its 7-day average of −0.155%): +$19 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 35 hours. At the pace of the last 4 days (−0.026% in total) that is about 27 days.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.026% in total (about -2.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.15 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	MEXC FLOCK_USDT	0.07849	0.0530	pay 0.0265% / 4h	3h 00m	$366K	$309K	100x
Short	Variational Omni FLOCK	0.07852	0.0100	get 0.0050% / 4h	3h 00m	$182K	$97K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against MEXC. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee MEXCbpFee Variational OmnibpOrdersPrice spread, now +0.032%Rate

Funding earned: −$90.3
Price spread: +0.032% → −0.155%: $18.79
Slippage, 4 orders: no order book: not counted
Fee MEXC: 2 bp × 2 orders: −$4
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$75.51
Costs to cover: 0.040%
Break-even: from the start

Slippage unknown: MEXC: live order book, 15 min ago; Variational Omni: RFQ quote, 33 min ago. Net counts fees only.

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 Variational Omni RFQ quote, 33 min ago	6.63 bp	doesn't fit	131.3 bp −$1,313	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	0.07852	+0.038%	$3.7M	$9.8M	20x	as long as short
OKX FLOCK-USDT-SWAP	+0.0100%	4h	0.07853	+0.051%	$828K	$10.9M	20x	as long as short
KuCoin FLOCKUSDTM	+0.0100%	4h	0.07842	−0.089%	$1.4M	$495K	20x	as long as short
Bitget FLOCKUSDT	+0.0100%	4h	0.07853	+0.051%	$1.2M	$1.5M	20x	as long as short
Variational Omni FLOCKshort	+0.0100%	4h	0.07852	+0.032%	$182K	$97K	—
Binance FLOCKUSDT	+0.0524%	4h	0.07858	+0.116%	$6.3M	$25.3M	50x	as long as short
BingX FLOCK-USDT	+0.0528%	4h	0.07847	−0.025%	—	$6.7M	—	as long as short
MEXC FLOCK_USDTlong	+0.0530%	4h	0.07849	long leg	$366K	$309K	100x
BloFin FLOCK-USDT	+0.0560%	4h	0.07859	+0.127%	$290K	$100K	50x	as long as short
Gate FLOCK_USDT	+0.0858%	8h	0.07842	−0.089%	$917K	$1.2M	50x	as long as short

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster FLOCKUSDT	+0.1667%	4h	0.07854	+0.064%	$1.8M	$1.5M	5x	as long as short