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

CLO

all CLO markets
SwapBacktest
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 −0.106%
Price spread now: MEXC against Bybit+0.204%7-day average −0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$547as in the Funding arb table
Net, price: spread back to 7d avg − costs−$492as in the Price arb table
costs, in and out, $10k−$5185.181% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.290%−$29 on $10k
Price spread, last 4 days (all we have)−0.119%−$12 · spread now +0.204%, 7d avg −0.058%
Together, before fees−0.409%−$41 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 0.263% dearer against Bybit than usual: you sell high and buy low, +$26 on $10k if it goes back to its 7-day average of −0.058%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit CLOUSDT0.063570.0100pay 0.0050% / 4h1h 58m$699K$645K20x
ShortMEXC CLO_USDT0.063700.0100get 0.0050% / 4h1h 58m$537K$129K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: +0.204% → −0.058%
$26.28
Slippage, 4 orders
−$503.14
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$491.86
Costs to cover
5.181%
Break-even
never at this rate
Slippage from Bybit: live order book, 46 min ago; MEXC: live order book, 42 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 MEXC live order book, 42 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%4h0.06377+0.309%$3.9M$3.9M10xas long as short
Bybit CLOUSDTlong+0.0100%4h0.06357long leg$699K$645K20x
MEXC CLO_USDTshort+0.0100%4h0.06370+0.204%$537K$129K50x
KuCoin CLOUSDTM+0.0100%4h0.06326−0.488%$989K$11.6M10xas long as short
BingX CLO-USDT+0.0100%4h0.06383+0.409%$1.4Mas long as short
SunX CLO-USDT+0.0100%4h0.06374+0.267%$2K$1.4M20xas long as short
BloFin CLO-USDT+0.0139%4h0.06352−0.079%$241K$77K10xas long as short
Gate CLO_USDT+0.0505%8h0.06359+0.031%$429K$680K20xas long as short
Aster CLOUSDT+0.0777%4h0.06360+0.040%$30K$52K5xas long as short