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

FLOCK

all FLOCK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against OKX−0.041%7-day average −0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$740.745% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.113%−$11 on $10k
Price spread, last 7 days−0.001%$0 · spread now −0.041%, 7d avg −0.064%
Together, before fees−0.114%−$11 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.023% dearer against OKX than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.064%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX FLOCK-USDT-SWAP0.073340.0100pay 0.0050% / 4h47m 19s$751K$15.2M20x
ShortBybit FLOCKUSDT0.073310.0100get 0.0050% / 4h47m 19s$3.3M$13.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against OKX. 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
$0
Price spread: −0.041% → −0.064%
$2.3
Slippage, 4 orders
−$53.47
Fee OKX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$72.17
Costs to cover
0.745%
Break-even
never at this rate
Slippage from OKX: live order book, 1 min ago; Bybit: live order book, 1 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 OKX live order book, 1 min ago1.36 bp18.6 bp −$1991.3 bp −$913doesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago2.73 bp18.2 bp −$1895.8 bp −$958doesn'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+0.0093%4h0.07338+0.055%$264K$82K50xas long as short
Binance FLOCKUSDT+0.0100%4h0.07337+0.041%$5.5M$40.1M50xas long as short
Bybit FLOCKUSDTshort+0.0100%4h0.07331−0.041%$3.3M$13.7M20x
OKX FLOCK-USDT-SWAPlong+0.0100%4h0.07334long leg$751K$15.2M20x
Gate FLOCK_USDT+0.0100%8h0.07335+0.014%$770K$1.9M50xas long as short
MEXC FLOCK_USDT+0.0100%4h0.07339+0.068%$334K$280K100xas long as short
KuCoin FLOCKUSDTM+0.0100%4h0.07337+0.041%$1.2M$814K20xas long as short
Bitget FLOCKUSDT+0.0100%4h0.07330−0.055%$1.1M$2.3M20xas long as short
BingX FLOCK-USDT+0.0100%4h0.073340.000%$6.7Mas long as short
Variational Omni FLOCK+0.0100%4h0.07352+0.247%$171K$354Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster FLOCKUSDT+0.0703%4h0.07354+0.279%$1.6M$3.8M5xas long as short