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

CLO

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0344%/8h= +37.7% APRpaid last 24h +0.169%
Price spread now: Gate against KuCoin+0.214%7-day average +0.400% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,322as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,374as in the Price arb table
costs, in and out, $10k−$1,35613.557% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.333%+$33 on $10k
Price spread, last 4 days (all we have)−0.284%−$28 · spread now +0.214%, 7d avg +0.400%
Together, before fees+0.049%+$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. Gate is 0.186% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.214% now, against its 7-day average of +0.400%). If the spread goes back, that is −$19 on $10k: about 43 hours of funding at the current rate (+$10 a day). At the pace of the last 7 days (+0.333% in total) that is about 3.9 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin CLOUSDTM0.070030.0100pay 0.0050% / 4h1h 14m$1.1M$10.6M10x
ShortGate CLO_USDT0.070180.0444get 0.0444% / 8h5h 14m$454K$487K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$72.24
Price spread: +0.214% → +0.400%
−$18.62
Slippage, 4 orders
−$1,328.65
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$1,302.03
Costs to cover
13.557%
Break-even
133.2 days
Slippage from KuCoin: live order book, 4 min ago; Gate: live order book, 47 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, 4 min ago8.58 bp892.5 bp −$892doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 47 min ago15.67 bp186.7 bp −$187doesn'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%4h0.07018+0.214%$4.1M$2.5M10xas long as short
Bybit CLOUSDT+0.0100%4h0.07012+0.129%$758K$397K20xas long as short
MEXC CLO_USDT+0.0100%4h0.07010+0.100%$613K$108K50xas long as short
KuCoin CLOUSDTMlong+0.0100%4h0.07003long leg$1.1M$10.6M10x
BingX CLO-USDT+0.0100%4h0.07020+0.243%$1.3Mas long as short
SunX CLO-USDT+0.0100%4h0.07005+0.029%$2K$850K20xas long as short
BloFin CLO-USDT+0.0141%4h0.07010+0.100%$249K$46K10xas long as short
Gate CLO_USDTshort+0.0444%8h0.07018+0.214%$454K$487K20x
Aster CLOUSDT+0.0483%4h0.07013+0.140%$34K$44K5xas long as short