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+0.0148%/8h= +16.2% APRnext payment +$0.74 per $10,000 · paid last 24h +0.116%
Price spread now: BingX against KuCoin+0.104%7-day average +0.160% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,318as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,355as in the Price arb table
costs, in and out, $10k−$1,35013.495% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.318%+$32 on $10k
Price spread, last 7 days−0.136%−$14 · spread now +0.104%, 7d avg +0.160%
Together, before fees+0.183%+$18 on $10k · with fees, hour by hour
Funding pays, the price is against you. BingX is 0.057% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.104% now, against its 7-day average of +0.160%). If the spread goes back, that is −$6 on $10k: about 31 hours of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin CLOUSDTM0.067400.0010pay 0.0005% / 4h1h 06m$1.1M$11.8M10x
ShortBingX CLO-USDT0.067470.0158get 0.0079% / 4h1h 06m$1.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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
$31.08
Price spread: +0.104% → +0.160%
−$5.65
Slippage, 4 orders
−$1,327.53
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$1,324.1
Costs to cover
13.495%
Break-even
305.2 days
Slippage from KuCoin: live order book, 2 min ago; BingX: live order book, 9 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 KuCoin live order book, 2 min ago7.42 bp783.5 bp −$784doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 9 min ago7.36 bp34.3 bp −$34300.0 bp −$3,000doesn'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
KuCoin CLOUSDTMlong+0.0010%4h0.06740long leg$1.1M$11.8M10x
Bybit CLOUSDT+0.0100%4h0.06748+0.119%$769K$849K20xas long as short
SunX CLO-USDT+0.0100%4h0.06728−0.178%$1K$1.8M20xas long as short
BloFin CLO-USDT+0.0139%4h0.06747+0.104%$255K$83K10xas long as short
BingX CLO-USDTshort+0.0158%4h0.06747+0.104%$1.4M
MEXC CLO_USDT+0.0160%4h0.067400.000%$575K$139K50xas long as short
Binance CLOUSDT+0.0164%4h0.06743+0.045%$4.3M$5.1M10xas long as short
Gate CLO_USDT+0.0455%8h0.06763+0.341%$467K$782K20xas long as short
Aster CLOUSDT+0.0878%4h0.06746+0.092%$32K$84K5xas long as short