Funding arb · Price arb /

FLOCK

all FLOCK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against OKX−0.110%7-day average +0.008% · you buy dearer than you sell

Net, funding: paid 7d − costs−$75as in the Funding arb table

Net, price: spread back to 7d avg − costs−$76as in the Price arb table

costs, in and out, $10k−$640.642% of the position

Long on OKX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.113%−$11 on $10k

Price spread, last 4 days (all we have)−0.035%−$3 · spread now −0.110%, 7d avg +0.008%

Together, before fees−0.147%−$15 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: MEXC is 0.117% cheaper against OKX than usual: you would sell low and buy high, −$12 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	OKX FLOCK-USDT-SWAP	0.07278	0.0100	pay 0.0050% / 4h	1h 53m	$715K	$14.5M	20x
Short	MEXC FLOCK_USDT	0.07270	0.0100	get 0.0050% / 4h	1h 53m	$324K	$276K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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

Position, each leg$Hold fordaysFee OKXbpFee MEXCbpOrdersPrice spread, now −0.110%Rate

Funding earned: $0
Price spread: −0.110% → +0.008%: −$11.75
Slippage, 4 orders: −$50.17
Fee OKX: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$75.92
Costs to cover: 0.642%
Break-even: never at this rate

Slippage from OKX: live order book, 5 min ago; MEXC: live order book, 57 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, 5 min ago	3.45 bp	19.7 bp −$20	89.6 bp −$896	doesn't fit	doesn't fit
Sell MEXC live order book, 57 min ago	2.74 bp	9.5 bp −$9	45.5 bp −$455	200.9 bp −$20.1K	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	0.07275	−0.040%	$5.6M	$39.4M	50x	as long as short
Bybit FLOCKUSDT	+0.0100%	4h	0.07280	+0.027%	$3.4M	$13.2M	20x	as long as short
OKX FLOCK-USDT-SWAPlong	+0.0100%	4h	0.07278	long leg	$715K	$14.5M	20x
MEXC FLOCK_USDTshort	+0.0100%	4h	0.07270	−0.110%	$324K	$276K	100x
KuCoin FLOCKUSDTM	+0.0100%	4h	0.07267	−0.151%	$1.2M	$807K	20x	as long as short
Bitget FLOCKUSDT	+0.0100%	4h	0.07262	−0.220%	$1.1M	$2.2M	20x	as long as short
BingX FLOCK-USDT	+0.0100%	4h	0.07270	−0.110%	—	$6.7M	—	as long as short
Variational Omni FLOCK	+0.0100%	4h	0.07304	+0.354%	$169K	$354K	—	as long as short
Gate FLOCK_USDT	+0.0391%	8h	0.07266	−0.165%	$757K	$1.8M	50x	as long as short
Aster FLOCKUSDT	+0.1344%	4h	0.07287	+0.124%	$1.6M	$3.7M	5x	as long as short