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

CLO

all CLO markets
SwapBacktest
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: Binance against BingX−0.096%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$286as in the Funding arb table
Net, price: spread back to 7d avg − costs−$262as in the Price arb table
costs, in and out, $10k−$2562.562% 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+0.148%+$15 · spread now −0.096%, 7d avg −0.035%
Together, before fees−0.150%−$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: Binance is 0.061% cheaper against BingX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.035%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX CLO-USDT0.063850.0100pay 0.0050% / 4h1h 31m$1.4M
ShortBinance CLOUSDT0.063790.0100get 0.0050% / 4h1h 31m$4.1M$5.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BingX. 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: −0.096% → −0.035%
−$6.05
Slippage, 4 orders
−$236.16
Fee BingX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$262.21
Costs to cover
2.562%
Break-even
never at this rate
Slippage from BingX: live order book, 8 min ago; Binance: live order book, 14 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 BingX live order book, 8 min ago3.90 bp41.5 bp −$42342.4 bp −$3,4241067.2 bp −$106.7K1435.1 bp −$717.6K
Sell Binance live order book, 14 min ago0.78 bp70.0 bp −$70358.8 bp −$3,588doesn't fitdoesn't fit

CLO on 9 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin CLO-USDT+0.0093%4h0.06380−0.078%$255K$72K10xas long as short
Aster CLOUSDT+0.0100%4h0.06390+0.072%$31K$97K5xas long as short
Binance CLOUSDTshort+0.0100%4h0.06379−0.096%$4.1M$5.8M10x
Bybit CLOUSDT+0.0100%4h0.06361−0.376%$728K$923K20xas long as short
MEXC CLO_USDT+0.0100%4h0.06350−0.548%$564K$160K50xas long as short
KuCoin CLOUSDTM+0.0100%4h0.06374−0.172%$961K$12.4M10xas long as short
BingX CLO-USDTlong+0.0100%4h0.06385long leg$1.4M
SunX CLO-USDT+0.0100%4h0.06378−0.110%$2K$2.1M20xas long as short
Gate CLO_USDT+0.0626%8h0.06422+0.579%$489K$946K20xas long as short