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 0.000%
Price spread now: Binance against BloFin+0.240%7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$156as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1561.560% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.004%$0 on $10k
Price spread, last 4 days (all we have)−0.290%−$29 · spread now +0.240%, 7d avg −0.017%
Together, before fees−0.286%−$29 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Binance is 0.257% dearer against BloFin than usual: you sell high and buy low (spread +0.240% now, against its 7-day average of −0.017%): +$26 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 22 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin CLO-USDT0.063520.0139pay 0.0070% / 4h1h 58m$241K$77K10x
ShortBinance CLOUSDT0.063670.0100get 0.0050% / 4h1h 58m$3.9M$3.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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: +0.240% → −0.017%
$25.68
Slippage, 4 orders
−$133.99
Fee BloFin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$138.53
Costs to cover
1.560%
Break-even
never at this rate
Slippage from BloFin: live order book, 17 min ago; Binance: live order book, 8 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 BloFin live order book, 17 min ago3.14 bp34.2 bp −$34doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 8 min ago3.16 bp37.6 bp −$38297.8 bp −$2,978doesn'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 CLOUSDTshort+0.0100%4h0.06367+0.240%$3.9M$3.9M10x
Bybit CLOUSDT+0.0100%4h0.063520.000%$698K$643K20xas long as short
MEXC CLO_USDT+0.0100%4h0.06350−0.031%$535K$129K50xas long as short
KuCoin CLOUSDTM+0.0100%4h0.06333−0.299%$990K$11.6M10xas long as short
BingX CLO-USDT+0.0100%4h0.06375+0.362%$1.4Mas long as short
SunX CLO-USDT+0.0100%4h0.06344−0.126%$2K$1.4M20xas long as short
BloFin CLO-USDTlong+0.0139%4h0.06352long leg$241K$77K10x
Gate CLO_USDT+0.0492%8h0.06351−0.016%$429K$680K20xas long as short
Aster CLOUSDT+0.0776%4h0.06355+0.047%$30K$52K5xas long as short