Funding arb · Price arb /

CLO

all CLO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%

Price spread now: SunX against KuCoin−0.030%7-day average +0.085% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)+0.359%+$36 · spread now −0.030%, 7d avg +0.085%

Together, before fees+0.360%+$36 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: SunX is 0.114% cheaper against KuCoin than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.085%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin CLOUSDTM	0.06713	0.0100	pay 0.0050% / 4h	3h 38m	$1.0M	$12.0M	10x
Short	SunX CLO-USDT	0.06711	0.0100	get 0.0050% / 4h	3h 38m	$2K	$2.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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

Position, each leg$Hold fordaysFee KuCoinbpFee SunXbpOrdersPrice spread, now −0.030%Rate

Funding earned: $0
Price spread: −0.030% → +0.085%: −$11.44
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$31.44
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 11 min ago; SunX: live order book, 8 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 11 min ago	10.39 bp	802.1 bp −$802	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 8 min ago	492.85 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

CLO on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance CLOUSDT	+0.0100%	4h	0.06728	+0.220%	$4.3M	$5.6M	10x	as long as short
Bybit CLOUSDT	+0.0100%	4h	0.06713	0.000%	$760K	$911K	20x	as long as short
Gate CLO_USDT	+0.0100%	8h	0.06741	+0.417%	$476K	$832K	20x	as long as short
MEXC CLO_USDT	+0.0100%	4h	0.06720	+0.104%	$584K	$141K	50x	as long as short
KuCoin CLOUSDTMlong	+0.0100%	4h	0.06713	long leg	$1.0M	$12.0M	10x
BingX CLO-USDT	+0.0100%	4h	0.06727	+0.209%	—	$1.4M	—	as long as short
SunX CLO-USDTshort	+0.0100%	4h	0.06711	−0.030%	$2K	$2.0M	20x
BloFin CLO-USDT	+0.0138%	4h	0.06715	+0.030%	$262K	$85K	10x	as long as short
Aster CLOUSDT	+0.0438%	4h	0.06717	+0.060%	$32K	$90K	5x	as long as short