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 −0.106%
Price spread now: BloFin against Bybit+0.016%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$561as in the Funding arb table
Net, price: spread back to 7d avg − costs−$532as in the Price arb table
costs, in and out, $10k−$5325.321% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.292%−$29 on $10k
Price spread, last 4 days (all we have)−0.001%$0 · spread now +0.016%, 7d avg +0.014%
Together, before fees−0.293%−$29 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.014%, 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 −0.292%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit CLOUSDT0.063510.0100pay 0.0050% / 4h1h 58m$698K$643K20x
ShortBloFin CLO-USDT0.063520.0139get 0.0070% / 4h1h 58m$241K$77K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$8.21
Price spread: +0.016% → +0.014%
$0.13
Slippage, 4 orders
−$509.07
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$523.73
Costs to cover
5.321%
Break-even
453.3 days
Slippage from Bybit: live order book, 46 min ago; BloFin: live order book, 18 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, 46 min ago6.65 bp263.8 bp −$264doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 18 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%4h0.06371+0.323%$3.9M$3.9M10xas long as short
Bybit CLOUSDTlong+0.0100%4h0.06351long leg$698K$643K20x
MEXC CLO_USDT+0.0100%4h0.06370+0.299%$537K$129K50xas long as short
KuCoin CLOUSDTM+0.0100%4h0.06329−0.346%$989K$11.6M10xas long as short
BingX CLO-USDT+0.0100%4h0.06373+0.346%$1.4Mas long as short
SunX CLO-USDT+0.0100%4h0.06344−0.110%$2K$1.4M20xas long as short
BloFin CLO-USDTshort+0.0139%4h0.06352+0.016%$241K$77K10x
Gate CLO_USDT+0.0505%8h0.06362+0.173%$430K$680K20xas long as short
Aster CLOUSDT+0.0777%4h0.06355+0.063%$30K$52K5xas long as short