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

CLO

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.005%
Price spread now: KuCoin against Binance−0.355%7-day average −0.124% · you buy dearer than you sell
Net, funding: paid 7d − costs−$771as in the Funding arb table
Net, price: spread back to 7d avg − costs−$792as in the Price arb table
costs, in and out, $10k−$7697.688% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.021%−$2 on $10k
Price spread, last 7 days+0.350%+$35 · spread now −0.355%, 7d avg −0.124%
Together, before fees+0.330%+$33 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: KuCoin is 0.231% cheaper against Binance than usual: you would sell low and buy high, −$23 on $10k if it goes back to its 7-day average of −0.124%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance CLOUSDT0.067180.0100pay 0.0050% / 4h2h 59m$4.0M$2.9M10x
ShortKuCoin CLOUSDTM0.066940.0100get 0.0050% / 4h2h 59m$1.1M$11.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.355% → −0.124%
−$23.06
Slippage, 4 orders
−$746.76
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$791.81
Costs to cover
7.688%
Break-even
never at this rate
Slippage from Binance: live order book, 7 min ago; KuCoin: live order book, 4 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, 7 min ago7.40 bp44.3 bp −$44354.7 bp −$3,547doesn't fitdoesn't fit
Sell KuCoin live order book, 4 min ago6.71 bp180.7 bp −$181doesn't fitdoesn'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%4h0.06718long leg$4.0M$2.9M10x
Bybit CLOUSDT+0.0100%4h0.06711−0.101%$724K$466K20xas long as short
MEXC CLO_USDT+0.0100%4h0.06710−0.116%$576K$118K50xas long as short
KuCoin CLOUSDTMshort+0.0100%4h0.06694−0.355%$1.1M$11.2M10x
BingX CLO-USDT+0.0100%4h0.06715−0.042%$1.3Mas long as short
SunX CLO-USDT+0.0100%4h0.06698−0.295%$1K$1.0M20xas long as short
BloFin CLO-USDT+0.0152%4h0.06734+0.241%$243K$73K10xas long as short
Gate CLO_USDT+0.0169%8h0.06727+0.137%$440K$555K20xas long as short
Aster CLOUSDT+0.0578%4h0.06715−0.043%$32K$24K5xas long as short