Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance−0.297%7-day average −0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs−$154as in the Funding arb table
Net, price: spread back to 7d avg − costs−$178as in the Price arb table
costs, in and out, $10k−$1541.540% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.560%+$56 · spread now −0.297%, 7d avg −0.057%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.240% cheaper against Binance than usual: you would sell low and buy high, −$24 on $10k if it goes back to its 7-day average of −0.057%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CLOUSDT | 0.06670 | 0.0100 | pay 0.0050% / 4h | 3h 19m | $4.3M | $5.6M | 10x |
| Short | MEXC CLO_USDT | 0.06650 | 0.0100 | get 0.0050% / 4h | 3h 19m | $575K | $142K | 50x |
Binance CLOUSDT
MEXC CLO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $0
- Price spread: −0.297% → −0.057%
- −$24
- Slippage, 4 orders
- −$140
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$178
- Costs to cover
- 1.540%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; MEXC: live order book, 70 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, 3 min ago | 1.50 bp | 61.0 bp −$61 | 457.3 bp −$4,573 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 70 min ago | 7.52 bp | 16.4 bp −$16 | 153.3 bp −$1,533 | 476.2 bp −$47.6K | 1073.2 bp −$536.6K |
CLO on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin CLO-USDT | +0.0087% | 4h | 0.06664 | −0.087% | $262K | $84K | 10x | as long as short |
| Binance CLOUSDTlong | +0.0100% | 4h | 0.06670 | long leg | $4.3M | $5.6M | 10x | |
| Bybit CLOUSDT | +0.0100% | 4h | 0.06649 | −0.312% | $762K | $933K | 20x | as long as short |
| Gate CLO_USDT | +0.0100% | 8h | 0.06671 | +0.018% | $470K | $844K | 20x | as long as short |
| MEXC CLO_USDTshort | +0.0100% | 4h | 0.06650 | −0.297% | $575K | $142K | 50x | |
| KuCoin CLOUSDTM | +0.0100% | 4h | 0.06644 | −0.387% | $1.0M | $12.1M | 10x | as long as short |
| BingX CLO-USDT | +0.0100% | 4h | 0.06668 | −0.027% | — | $1.4M | — | as long as short |
| SunX CLO-USDT | +0.0100% | 4h | 0.06653 | −0.252% | $1K | $2.0M | 20x | as long as short |
| Aster CLOUSDT | +0.0406% | 4h | 0.06667 | −0.046% | $32K | $90K | 5x | as long as short |
BloFin CLO-USDT
Bybit CLOUSDT
Gate CLO_USDT
KuCoin CLOUSDTM
BingX CLO-USDT
SunX CLO-USDT
Aster CLOUSDT