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 −0.005%
Price spread now: KuCoin against MEXC−0.266%7-day average −0.123% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,274as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,287as in the Price arb table
costs, in and out, $10k−$1,27212.723% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.020%−$2 on $10k
Price spread, last 4 days (all we have)+0.275%+$27 · spread now −0.266%, 7d avg −0.123%
Together, before fees+0.255%+$26 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: KuCoin is 0.143% cheaper against MEXC than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of −0.123%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC CLO_USDT0.063900.0100pay 0.0050% / 4h2h 31m$533K$122K50x
ShortKuCoin CLOUSDTM0.063730.0100get 0.0050% / 4h2h 31m$1.0M$11.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against MEXC. 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: −0.266% → −0.123%
−$14.33
Slippage, 4 orders
−$1,256.33
Fee MEXC: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,286.66
Costs to cover
12.723%
Break-even
never at this rate
Slippage from MEXC: live order book, 9 min ago; KuCoin: live order book, 2 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 MEXC live order book, 9 min ago15.46 bp25.3 bp −$25176.2 bp −$1,762510.6 bp −$51.1K925.5 bp −$462.8K
Sell KuCoin live order book, 2 min ago14.00 bp397.3 bp −$397doesn'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%4h0.06401+0.166%$3.9M$3.4M10xas long as short
Bybit CLOUSDT+0.0100%4h0.06398+0.125%$692K$548K20xas long as short
MEXC CLO_USDTlong+0.0100%4h0.06390long leg$533K$122K50x
KuCoin CLOUSDTMshort+0.0100%4h0.06373−0.266%$1.0M$11.3M10x
BingX CLO-USDT+0.0100%4h0.06434+0.689%$1.4Mas long as short
SunX CLO-USDT+0.0100%4h0.06387−0.047%$2K$1.2M20xas long as short
BloFin CLO-USDT+0.0142%4h0.063900.000%$241K$76K10xas long as short
Gate CLO_USDT+0.0357%8h0.06409+0.297%$427K$624K20xas long as short
Aster CLOUSDT+0.0614%4h0.06401+0.166%$31K$32K5xas long as short