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

CLO

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0039%/8h= +4.3% APRnext payment +$0.20 per $10,000 · paid last 24h −0.111%
Price spread now: BloFin against BingX−0.016%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$142as in the Funding arb table
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$1121.123% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.301%−$30 on $10k
Price spread, last 4 days (all we have)−0.016%−$2 · spread now −0.016%, 7d avg −0.036%
Together, before fees−0.318%−$32 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.036%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.301%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX CLO-USDT0.063530.0100pay 0.0050% / 4h1h 59m$1.4M
ShortBloFin CLO-USDT0.063520.0139get 0.0070% / 4h1h 59m$241K$77K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$8.21
Price spread: −0.016% → −0.036%
$1.99
Slippage, 4 orders
−$90.31
Fee BingX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$102.1
Costs to cover
1.123%
Break-even
94.0 days
Slippage from BingX: live order book, 2 min ago; BloFin: live order book, 17 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, 2 min ago3.93 bp32.1 bp −$32298.9 bp −$2,9891100.5 bp −$110.0K1305.6 bp −$652.8K
Sell BloFin live order book, 17 min ago3.14 bp30.3 bp −$30doesn'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 CLOUSDT+0.0100%4h0.06350−0.047%$3.9M$3.9M10xas long as short
Bybit CLOUSDT+0.0100%4h0.06337−0.252%$697K$642K20xas long as short
MEXC CLO_USDT+0.0100%4h0.06350−0.047%$535K$129K50xas long as short
KuCoin CLOUSDTM+0.0100%4h0.06316−0.582%$989K$11.6M10xas long as short
BingX CLO-USDTlong+0.0100%4h0.06353long leg$1.4M
SunX CLO-USDT+0.0100%4h0.06344−0.142%$2K$1.4M20xas long as short
BloFin CLO-USDTshort+0.0139%4h0.06352−0.016%$241K$77K10x
Gate CLO_USDT+0.0492%8h0.06350−0.047%$429K$679K20xas long as short
Aster CLOUSDT+0.0776%4h0.06353−0.004%$30K$52K5xas long as short