CLO funding rates

CLO perpetual funding across 5 venues. Rates are annualized (APR); positive means longs pay shorts.

Data as of 2026-10-12 04:36 UTC · refreshed every 5 min

Best pair · 7d: 19.2%long Bybit, short MEXC · net 15.3%
Highest funding now: 31.1%BinanceCEX
Lowest funding now: 10.9%Aster
Listed on: 5 venues

Funding by venue

													Open
BinanceCEX	CLOUSDT	31.1%	21.9%	67.1%	31.1%	74.7%	100%	4h	08:00	0.06392	$5.0M	$2.6M	BnBinance
MEXCCEX	CLO_USDT	30.7%	21.4%	68.1%	26.7%	75.9%	100%	4h	08:00	0.0639	$747k	$157k	MxMEXC
Aster	CLOUSDT	10.9%	15.2%	60.2%	37.3%	67.7%	100%	4h	08:00	0.06391	$37k	$26k	AsAster
BybitCEX	CLOUSDT	10.9%	23.8%	48.9%	39.5%	53.1%	100%	4h	08:00	0.064	$953k	$245k	ByBybit
GateCEX	CLO_USDT	10.9%	10.9%	53.5%	36.7%	60.6%	100%	8h	08:00	0.06393	$389k	$354k	GtGate

Sparklines: hourly funding APR over the last 7 days, zero line dashed.

Long/short pairs

Funding spreads, annualized: short-leg rate minus long-leg rate.
											Flags	Open	Calc
		Spread APR				After taker fees			Quality
BybitCEX	MEXCCEX	19.7%	−2.4%	19.2%	−12.8%	15.3%	22.9%	2.9d	cooling	$747k		By Mx	calc
BybitCEX	BinanceCEX	20.2%	−1.8%	18.2%	−11.2%	12.8%	19.1%	4.2d	cooling	$953k		By Bn	calc
GateCEX	MEXCCEX	19.7%	10.4%	14.6%	−10.0%	9.7%	14.5%	4.7d	steady	$389k	8h/4h	Gt Mx	calc
GateCEX	BinanceCEX	20.2%	11.0%	13.7%	−9.3%	7.2%	10.7%	6.7d	steady	$389k	8h/4h	Gt Bn	calc
BybitCEX	Aster	0.0%	−8.5%	11.3%	−2.2%	6.4%	9.5%	6.1d	cooling	$37k	low OI	By As	calc
Aster	MEXCCEX	19.7%	6.1%	7.9%	−10.7%	4.7%	7.1%	5.6d	steady	$37k	low OI	As Mx	calc
Aster	BinanceCEX	20.2%	6.7%	6.9%	−7.9%	2.2%	3.3%	9.5d	steady	$37k	low OI	As Bn	calc
GateCEX	Aster	0.0%	4.3%	6.8%	0.6%	0.8%	1.1%	12d	cooling	$37k	low OI8h/4h	Gt As	calc
BybitCEX	GateCEX	0.0%	−12.8%	4.6%	−2.8%	−2.2%	−3.3%	21d	cooling	$389k	4h/8h	By Gt	calc
BinanceCEX	MEXCCEX	−0.4%	−0.6%	0.9%	0.3%	−2.7%	−4.1%	54d	mixed	$747k		Bn Mx	calc
MEXCCEX	BinanceCEX	0.4%	0.6%	−0.9%	−0.3%	−4.6%	−6.9%	—	mixed	$747k		Mx Bn	calc

What the columns and badges mean

now: Current funding spread APR: short-leg rate minus long-leg rate, annualized.
24h: Average spread APR over the last 24 hours, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d: Average spread APR over the last 7 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet). Used for ranking and net APR.
30d: Average spread APR over the last 30 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d trend: Spread APR over the last 7 days in 6-hour averages; the dashed line is zero.
Net APR: 7d spread APR minus taker fees to open and close both legs, spread over the holding period: net = spread7d − fees × 365 / days. Per unit of notional per leg.
On capital: Net APR on the capital posted for both legs at this leverage: net × leverage / 2.
Breakeven: Days of 7d-average funding needed to pay back open+close taker fees.
Min OI: Smaller open interest of the two legs, USD.
steady: Steady: prior-week spread at least 5% APR, last 24h positive and no spike, positive now. Not negative in X% of hours over 7 days.
spike: The last 24h spread is far above the prior 6-day average (more than 3×, or above 15% APR after a weak prior) — it may not last.
mixed: The spread was negative too often: not negative in only X% of hours over 7 days.
new: Less than 4 days of shared history in the prior week: stability cannot be judged yet.
weak: Prior-week spread under 5% APR: too small to call steady.
cooling: The prior week was solid, but the last 24h or the current spread is not positive.
≠ asset?: Mark prices differ by N bps — these may be different assets under one ticker, or contracts of a different size (e.g. per 1,000 coins). Verify before trading.
stale: At least one leg has not updated for over 30 minutes.
low OI: Open interest under $50k on at least one leg — size carefully.
8h/1h: Funding intervals differ (8h vs 1h): payments are not simultaneous.
TradFi: Tokenized stock, index or commodity: trading sessions and oracle rules may differ.
invite only: Invite-only venue: an account needs an invite code, so it is not selected by default. Tick it in the venue filter to include it.
spread not incl.: A leg trades on quotes with no fee (Variational): the cost is the market maker's quote spread, which we cannot see, so the net APR is before it. Compare the quote with the mark price before you trade.
CEX: Centralized exchange: trading needs an account with identity verification (KYC).

Prices now

Buy on the row's venue at its ask, sell on the column's venue at its bid; spread before fees.

Indicative · marks from 2026-10-12 04:36 UTC

Live quotes are unavailable right now (last update: never). Shown instead: indicative spreads between mark prices from the funding snapshot. Marks are taken minutes apart and are not prices you can trade at.

Indicative (mark or mid prices): buy on MEXC at 0.0639, sell on Bybit at 0.064: 0.156% before fees, 0.006% after taker fees.

CLO: spread buying on the row's venue and selling on the column's venue
Buy ↓ · Sell →	Bybit0.064	Gate0.06393	Binance0.0639179	Aster0.0639124	MEXC0.0639
MEXC0.0639	0.156%	0.047%	0.028%	0.019%	—
Aster0.0639124	0.137%	0.028%	0.009%	—	−0.019%
Binance0.0639179	0.128%	0.019%	—	−0.009%	−0.028%
Gate0.06393	0.109%	—	−0.019%	−0.028%	−0.047%
Bybit0.064	—	−0.109%	−0.128%	−0.137%	−0.156%

All quotes (5)

Venue	Bid	Ask	Quality	Age	Vol 24h	Flags
Aster	0.0639124	0.0639124	mark	6m	$26k	no FX
BinanceCEX	0.0639179	0.0639179	mark	6m	$2.6M	no FX
BybitCEX	0.064	0.064	mark	6m	$245k	no FX
GateCEX	0.06393	0.06393	mark	6m	$354k	no FX
MEXCCEX	0.0639	0.0639	mark	6m	$157k	no FX

All spreads → · Hatched cells use a mark or mid price, a flagged venue or one outside the default selection.

↗ buttons open the exchange; some are referral links and we may earn a commission at no extra cost to you.