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

CLO

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.111%
Price spread now: BingX against Binance−0.031%7-day average +0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$192as in the Funding arb table
Net, price: spread back to 7d avg − costs−$228as in the Price arb table
costs, in and out, $10k−$2222.218% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.298%+$30 on $10k
Price spread, last 7 days−0.011%−$1 · spread now −0.031%, 7d avg +0.035%
Together, before fees+0.286%+$29 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: BingX is 0.065% cheaper against Binance than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.035%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance CLOUSDT0.066580.0100pay 0.0050% / 4h3h 23m$4.3M$5.6M10x
ShortBingX CLO-USDT0.066560.0100get 0.0050% / 4h3h 23m$1.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Binance. 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: −0.031% → +0.035%
−$6.54
Slippage, 4 orders
−$201.83
Fee Binance: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$228.37
Costs to cover
2.218%
Break-even
never at this rate
Slippage from Binance: live order book, 15 min ago; BingX: live order book, 8 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 Binance live order book, 15 min ago0.75 bp66.1 bp −$66421.5 bp −$4,215doesn't fitdoesn't fit
Sell BingX live order book, 8 min ago2.25 bp49.9 bp −$50251.3 bp −$2,513doesn't fitdoesn't fit

CLO on 9 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
Binance CLOUSDTlong+0.0100%4h0.06658long leg$4.3M$5.6M10x
Bybit CLOUSDT+0.0100%4h0.06644−0.211%$762K$932K20xas long as short
Gate CLO_USDT+0.0100%8h0.06668+0.149%$470K$841K20xas long as short
MEXC CLO_USDT+0.0100%4h0.06650−0.121%$577K$142K50xas long as short
KuCoin CLOUSDTM+0.0100%4h0.06652−0.091%$1.0M$12.1M10xas long as short
BingX CLO-USDTshort+0.0100%4h0.06656−0.031%$1.4M
SunX CLO-USDT+0.0100%4h0.06642−0.241%$2K$2.0M20xas long as short
BloFin CLO-USDT+0.0154%4h0.06655−0.046%$260K$84K10xas long as short
Aster CLOUSDT+0.0403%4h0.06659+0.020%$32K$90K5xas long as short