Funding arb · Price arb /

CLO

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Swap Backtest

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: MEXC against SunX+0.410%7-day average +0.047% · you sell dearer than you buy

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

Long on SunX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.021%+$2 on $10k

Price spread, last 4 days (all we have)−0.518%−$52 · spread now +0.410%, 7d avg +0.047%

Together, before fees−0.497%−$50 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: MEXC is 0.363% dearer against SunX than usual: you sell high and buy low, +$36 on $10k if it goes back to its 7-day average of +0.047%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX CLO-USDT	0.06344	0.0100	pay 0.0050% / 4h	1h 58m	$2K	$1.4M	20x
Short	MEXC CLO_USDT	0.06370	0.0100	get 0.0050% / 4h	1h 58m	$537K	$129K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against SunX. 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 SunXbpFee MEXCbpOrdersPrice spread, now +0.410%Rate

Funding earned: $0
Price spread: +0.410% → +0.047%: $36.29
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee MEXC: 2 bp × 2 orders: −$4
Net: $24.29
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: SunX: live order book, 5 min ago; MEXC: live order book, 41 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 SunX live order book, 5 min ago	500.83 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 41 min ago	15.46 bp	25.3 bp −$25	171.7 bp −$1,717	463.7 bp −$46.4K	897.6 bp −$448.8K

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	0.06371	+0.433%	$3.9M	$3.9M	10x	as long as short
Bybit CLOUSDT	+0.0100%	4h	0.06351	+0.110%	$698K	$643K	20x	as long as short
MEXC CLO_USDTshort	+0.0100%	4h	0.06370	+0.410%	$537K	$129K	50x
KuCoin CLOUSDTM	+0.0100%	4h	0.06329	−0.236%	$989K	$11.6M	10x	as long as short
BingX CLO-USDT	+0.0100%	4h	0.06373	+0.457%	—	$1.4M	—	as long as short
SunX CLO-USDTlong	+0.0100%	4h	0.06344	long leg	$2K	$1.4M	20x
BloFin CLO-USDT	+0.0139%	4h	0.06352	+0.126%	$241K	$77K	10x	as long as short
Gate CLO_USDT	+0.0505%	8h	0.06362	+0.284%	$430K	$680K	20x	as long as short
Aster CLOUSDT	+0.0777%	4h	0.06355	+0.173%	$30K	$52K	5x	as long as short