Funding you earn now, next payment 08:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.05 per $10,000 · paid last 24h −0.004%
Price spread now: BloFin against OKX−0.069%7-day average +0.069% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$640.640% of the position
Funding, last 7 days−0.122%−$12 on $10k
+Price spread, last 4 days (all we have)+0.144%+$14 · spread now −0.069%, 7d avg +0.069%
=Funding pays, the price is against you. BloFin is 0.137% cheaper against OKX than usual: you would sell low and buy high (spread −0.069% now, against its 7-day average of +0.069%). If the spread goes back, that is −$14 on $10k: about 45 days of funding at the current rate ($0 a day). Mind the row above: over the last 7 days funding on this pair cost −0.122%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX FLOCK-USDT-SWAP | 0.07273 | 0.0137 | pay 0.0069% / 4h | 2h 26m | $666K | $14.1M | 20x |
| Short | BloFin FLOCK-USDT | 0.07268 | 0.0148 | get 0.0074% / 4h | 2h 26m | $264K | $90K | 50x |
OKX FLOCK-USDT-SWAP
BloFin FLOCK-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against OKX. 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
- $2.12
- Price spread: −0.069% → +0.069%
- −$13.75
- Slippage, 4 orders
- −$42
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$75.62
- Costs to cover
- 0.640%
- Break-even
- 256.6 days
Slippage from OKX: live order book, 1 min ago; BloFin: live order book, 55 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 OKX live order book, 1 min ago | 1.38 bp | 14.3 bp −$14 | 97.4 bp −$974 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 55 min ago | 2.06 bp | 19.9 bp −$20 | 37.7 bp −$377 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance FLOCKUSDT | +0.0100% | 4h | 0.07266 | −0.093% | $5.6M | $39.2M | 50x | as long as short |
| Bybit FLOCKUSDT | +0.0100% | 4h | 0.07267 | −0.082% | $3.3M | $13.2M | 20x | as long as short |
| Gate FLOCK_USDT | +0.0100% | 8h | 0.07254 | −0.261% | $749K | $1.7M | 50x | as long as short |
| MEXC FLOCK_USDT | +0.0100% | 4h | 0.07266 | −0.096% | $311K | $280K | 100x | as long as short |
| KuCoin FLOCKUSDTM | +0.0100% | 4h | 0.07250 | −0.316% | $1.2M | $806K | 20x | as long as short |
| Bitget FLOCKUSDT | +0.0100% | 4h | 0.07253 | −0.275% | $1.1M | $2.2M | 20x | as long as short |
| Variational Omni FLOCK | +0.0100% | 4h | 0.07246 | −0.373% | $169K | $320K | — | as long as short |
| BingX FLOCK-USDT | +0.0122% | 4h | 0.07265 | −0.110% | — | $6.7M | — | as long as short |
| OKX FLOCK-USDT-SWAPlong | +0.0137% | 4h | 0.07273 | long leg | $666K | $14.1M | 20x | |
| BloFin FLOCK-USDTshort | +0.0148% | 4h | 0.07268 | −0.069% | $264K | $90K | 50x |
Binance FLOCKUSDT
Bybit FLOCKUSDT
Gate FLOCK_USDT
MEXC FLOCK_USDT
KuCoin FLOCKUSDTM
Bitget FLOCKUSDT
Variational Omni FLOCK
BingX FLOCK-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster FLOCKUSDT | +0.1161% | 4h | 0.07250 | −0.316% | $1.6M | $3.7M | 5x | as long as short |
Aster FLOCKUSDT