ArbiLayer

CLO arbitrage

live

Live Yei Finance price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread+0.43%Bybit → MEXC · Perp–Perp
Best perp–perp spread+0.59%Bybit → MEXC
Markets tracked86 venues · 6 perp · 2 spot · 0 DEX
Price range0.75%$0.0572 – $0.0577

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
KuCoin logoKuCoinspot$0.0575MEXC logoMEXCspot$0.0573 -0.47%-0.67% -0.47%— 0.000%— LS Chart →
MEXC logoMEXCspot$0.0574KuCoin logoKuCoinspot$0.0569 -0.87%-1.07% -0.87%— 0.000%— LS Chart →
Long = where you buy, Short = where you sell. Net subtracts a two-leg taker fee model; Spread+F adds the next funding payment.Updates every 15 seconds. Not investment advice.

CLO price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
KuCoin logoKuCoinPerpetual · CLOUSDTMPerpetual $0.0576$0.0577$0.0576+0.55% +0.030%$6.43M
Gate logoGatePerpetual · CLO_USDTPerpetual $0.0576$0.0577$0.0576+0.55% +0.389%$2.12M
Bybit logoBybitPerpetual · CLOUSDTPerpetual $0.0572$0.0573$0.0572-0.14% +0.118%$1.91M
KuCoin logoKuCoinSpot · CLO-USDTSpot $0.0569$0.0575$0.0572-0.19% —$432.0K
MEXC logoMEXCPerpetual · CLO_USDTPerpetual $0.0576$0.0577$0.0577+0.56% +0.053%$243.6K
Binance logoBinancePerpetual · CLOUSDTPerpetual $0.0573$0.0573$0.0573-0.04% +0.053%—
Aster logoAsterPerpetual · CLOUSDTPerpetual $0.0573$0.0574$0.0573-0.01% +0.030%—
MEXC logoMEXCSpot · CLOUSDTSpot $0.0573$0.0574$0.0573+0.01% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

CLO arbitrage explained

Right now Yei Finance (CLO) trades on 6 venues we scan: 6 perpetual markets, 2 spot markets and 0 DEX pools. The lowest ask is on Bybit perp at $0.0573 and the highest bid on MEXC perp at $0.0576.

The widest CLO perpetual spread is between Bybit and MEXC: long CLO on Bybit at $0.0573 and short on MEXC at $0.0576 for +0.59% gross, or +0.43% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is -0.066% per day, which the position pays while it is open.

For a spot–perpetual (cash-and-carry) trade, the best CLO route is to buy spot on MEXC and short the perpetual on MEXC: +0.31% gross, +0.11% net, with +0.053% a day of funding on the short leg.

Spot–spot CLO arbitrage (buy on KuCoin, withdraw, deposit and sell on MEXC) shows -0.47% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.

Small CLO gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.

Related: CLO funding rates · CLO spread charts · Yei Finance price · arbitrage scanner for all coins.

Is there a CLO arbitrage opportunity right now?

The best CLO route right now is to buy on Bybit → sell on MEXC (Perp–Perp): +0.59% gross and +0.43% after fees. It is positive after the fee model, but check depth and funding before trading.

Which exchange has the cheapest CLO?

Bybit (perp) has the lowest CLO ask at $0.0573, and MEXC (perp) the highest bid at $0.0576. Prices update every 15 seconds on this page.

How many exchanges list CLO?

ArbiLayer tracks 8 CLO markets on 6 venues: 6 perpetual, 2 spot and 0 DEX pools.

How do I arbitrage CLO without transferring coins?

Use two perpetual contracts: go long CLO on the cheaper exchange (Bybit now) and short it on the more expensive one (MEXC), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins