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

CLO

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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 +0.111%
Price spread now: Bybit against KuCoin+0.324%7-day average +0.181% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,763as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,779as in the Price arb table
costs, in and out, $10k−$1,79417.937% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.309%+$31 on $10k
Price spread, last 4 days (all we have)−0.502%−$50 · spread now +0.324%, 7d avg +0.181%
Together, before fees−0.193%−$19 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: Bybit is 0.142% dearer against KuCoin than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of +0.181%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin CLOUSDTM0.068000.0100pay 0.0050% / 4h3h 30m$1.1M$11.0M10x
ShortBybit CLOUSDT0.068220.0100get 0.0050% / 4h3h 30m$732K$440K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$0
Price spread: +0.324% → +0.181%
$14.23
Slippage, 4 orders
−$1,770.66
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$1,779.43
Costs to cover
17.937%
Break-even
never at this rate
Slippage from KuCoin: live order book, 3 min ago; Bybit: live order book, 19 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, 3 min ago11.73 bp927.2 bp −$927doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 19 min ago7.19 bp216.9 bp −$217doesn'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%4h0.06831+0.462%$4.0M$2.6M10xas long as short
Bybit CLOUSDTshort+0.0100%4h0.06822+0.324%$732K$440K20x
Gate CLO_USDT+0.0100%8h0.06838+0.559%$436K$508K20xas long as short
MEXC CLO_USDT+0.0100%4h0.06830+0.441%$588K$113K50xas long as short
KuCoin CLOUSDTMlong+0.0100%4h0.06800long leg$1.1M$11.0M10x
BingX CLO-USDT+0.0100%4h0.06830+0.441%$1.3Mas long as short
SunX CLO-USDT+0.0100%4h0.06812+0.176%$2K$913K20xas long as short
BloFin CLO-USDT+0.0146%4h0.06810+0.147%$246K$51K10xas long as short
Aster CLOUSDT+0.0565%4h0.06825+0.361%$33K$24K5xas long as short