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 −0.111%
Price spread now: MEXC against BingX−0.047%7-day average −0.111% · you buy dearer than you sell
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$980.984% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.299%−$30 on $10k
Price spread, last 4 days (all we have)+0.034%+$3 · spread now −0.047%, 7d avg −0.111%
Together, before fees−0.265%−$27 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: MEXC is 0.063% dearer against BingX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.111%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX CLO-USDT0.063530.0100pay 0.0050% / 4h1h 58m$1.4M
ShortMEXC CLO_USDT0.063500.0100get 0.0050% / 4h1h 58m$535K$129K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: −0.047% → −0.111%
$6.33
Slippage, 4 orders
−$84.37
Fee BingX: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$92.04
Costs to cover
0.984%
Break-even
never at this rate
Slippage from BingX: live order book, 2 min ago; MEXC: live order book, 41 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 MEXC live order book, 41 min ago15.46 bp25.3 bp −$25171.7 bp −$1,717463.7 bp −$46.4K897.6 bp −$448.8K

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%4h0.06360+0.110%$3.9M$3.9M10xas long as short
Bybit CLOUSDT+0.0100%4h0.06337−0.252%$697K$642K20xas long as short
MEXC CLO_USDTshort+0.0100%4h0.06350−0.047%$535K$129K50x
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-USDT+0.0139%4h0.06352−0.016%$241K$77K10xas long as short
Gate CLO_USDT+0.0492%8h0.06351−0.031%$429K$679K20xas long as short
Aster CLOUSDT+0.0776%4h0.06355+0.031%$30K$52K5xas long as short