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

CLO

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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 +0.005%
Price spread now: BingX against Bybit+0.179%7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$681as in the Funding arb table
Net, price: spread back to 7d avg − costs−$670as in the Price arb table
costs, in and out, $10k−$6826.819% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.009%+$1 on $10k
Price spread, last 4 days (all we have)+0.341%+$34 · spread now +0.179%, 7d avg +0.056%
Together, before fees+0.350%+$35 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: BingX is 0.123% dearer against Bybit than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.056%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit CLOUSDT0.067150.0100pay 0.0050% / 4h3h 39m$760K$911K20x
ShortBingX CLO-USDT0.067270.0100get 0.0050% / 4h3h 39m$1.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bybit. 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: +0.179% → +0.056%
$12.29
Slippage, 4 orders
−$660.92
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BingX: 5 bp × 2 orders
−$10
Net
−$669.63
Costs to cover
6.819%
Break-even
never at this rate
Slippage from Bybit: live order book, 56 min ago; BingX: live order book, 7 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 Bybit live order book, 56 min ago11.24 bp320.2 bp −$320doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 7 min ago6.65 bp38.2 bp −$38278.7 bp −$2,787doesn'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%4h0.06721+0.096%$4.3M$5.6M10xas long as short
Bybit CLOUSDTlong+0.0100%4h0.06715long leg$760K$911K20x
Gate CLO_USDT+0.0100%8h0.06727+0.179%$475K$831K20xas long as short
MEXC CLO_USDT+0.0100%4h0.06720+0.074%$584K$141K50xas long as short
KuCoin CLOUSDTM+0.0100%4h0.06714−0.015%$1.0M$12.0M10xas long as short
BingX CLO-USDTshort+0.0100%4h0.06727+0.179%$1.4M
SunX CLO-USDT+0.0100%4h0.06694−0.313%$1K$1.9M20xas long as short
BloFin CLO-USDT+0.0127%4h0.06690−0.372%$261K$84K10xas long as short
Aster CLOUSDT+0.0440%4h0.06713−0.026%$32K$90K5xas long as short