CLO: KuCoin → Binance

Long on the venue with the lower rate, short on the venue with the higher one. Income comes from the rate difference; price exposure cancels out.

Spread

+30%

APR right now

Price gap

+0.350%

between legs

Average spread

+0%

over 24h from our own samples

Over 7 days

+0%

samples: 202

KuCoinLONG

Bid / ask— / —

Mark price0.05986

Volume 24h$12.86M

Open interest$962.78K

Rate-0.0085%

APR-19%

Interval / next payout4h / 17m

KuCoin

BinanceSHORT

Bid / ask— / —

Mark price0.06007

Volume 24h$7M

Open interest—

Rate+0.0050%

APR+11%

Interval / next payout4h / 17m

Binance

Spread from our samples

spread over the period: from -5% to 38% APR, 202 samples

The rate can flip at any moment, and then the position starts costing money. Size is limited by the weaker leg, and entry and exit both pay fees on two venues. Not financial advice.