Funding you earn now, next payment 12:00 UTC+0.0526%/8h= +57.6% APRpaid last 24h +0.029%
Price spread now: Gate against Binance+0.579%7-day average +0.225% · you sell dearer than you buy
Net, funding: paid 7d − costs−$540as in the Funding arb table
Net, price: spread back to 7d avg − costs−$538as in the Price arb table
costs, in and out, $10k−$5735.732% of the position
Funding, last 7 days+0.334%+$33 on $10k
+Price spread, last 4 days (all we have)−0.315%−$32 · spread now +0.579%, 7d avg +0.225%
=Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Gate is 0.355% dearer against Binance than usual: you sell high and buy low: +$35 more if the spread goes back to its 7-day average of +0.225%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.334% in total (about 17.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CLOUSDT | 0.06385 | 0.0100 | pay 0.0050% / 4h | 1h 31m | $4.1M | $5.8M | 10x |
| Short | Gate CLO_USDT | 0.06422 | 0.0626 | get 0.0626% / 8h | 5h 31m | $489K | $946K | 20x |
Binance CLOUSDT
Gate CLO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Binance. 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
- $110.46
- Price spread: +0.579% → +0.225%
- $35.5
- Slippage, 4 orders
- −$548.25
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$427.29
- Costs to cover
- 5.732%
- Break-even
- 34.1 days
Slippage from Binance: live order book, 14 min ago; Gate: live order book, 13 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 Binance live order book, 14 min ago | 0.78 bp | 93.5 bp −$93 | 413.2 bp −$4,132 | doesn't fit | doesn't fit |
| Sell Gate live order book, 13 min ago | 11.60 bp | 219.0 bp −$219 | doesn't fit | doesn't fit | doesn't fit |
CLO on 9 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin CLO-USDT | +0.0093% | 4h | 0.06380 | −0.078% | $255K | $72K | 10x | as long as short |
| Aster CLOUSDT | +0.0100% | 4h | 0.06392 | +0.108% | $31K | $97K | 5x | as long as short |
| Binance CLOUSDTlong | +0.0100% | 4h | 0.06385 | long leg | $4.1M | $5.8M | 10x | |
| Bybit CLOUSDT | +0.0100% | 4h | 0.06385 | 0.000% | $731K | $923K | 20x | as long as short |
| MEXC CLO_USDT | +0.0100% | 4h | 0.06380 | −0.078% | $567K | $160K | 50x | as long as short |
| KuCoin CLOUSDTM | +0.0100% | 4h | 0.06374 | −0.172% | $961K | $12.4M | 10x | as long as short |
| BingX CLO-USDT | +0.0100% | 4h | 0.06385 | 0.000% | — | $1.4M | — | as long as short |
| SunX CLO-USDT | +0.0100% | 4h | 0.06378 | −0.110% | $2K | $2.1M | 20x | as long as short |
| Gate CLO_USDTshort | +0.0626% | 8h | 0.06422 | +0.579% | $489K | $946K | 20x |
BloFin CLO-USDT
Aster CLOUSDT
Bybit CLOUSDT
MEXC CLO_USDT
KuCoin CLOUSDTM
BingX CLO-USDT
SunX CLO-USDT