Settings8H · net · $10k
Funding arb · Price arb /

CELO

all CELO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Binance−0.016%7-day average −0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$1141.140% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.028%+$3 on $10k
Price spread, last 4 days (all we have)−0.025%−$3 · spread now −0.016%, 7d avg −0.051%
Together, before fees+0.003%$0 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: Bitget is 0.035% dearer against Binance than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.051%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance CELOUSDT0.092610.0100pay 0.0100% / 8h1h 56m$1.9M$3.6M50x
ShortBitget CELOUSDT0.092590.0100get 0.0100% / 8h1h 56m$851K$391K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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: −0.016% → −0.051%
$3.48
Slippage, 4 orders
−$91.98
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$110.5
Costs to cover
1.140%
Break-even
never at this rate
Slippage from Binance: live order book, 10 min ago; Bitget: live order book, 24 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 Binance live order book, 10 min ago3.25 bp22.7 bp −$23112.7 bp −$1,127doesn't fitdoesn't fit
Sell Bitget live order book, 24 min ago6.49 bp32.6 bp −$33100.8 bp −$1,008doesn't fitdoesn't fit

CELO on 13 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
Kraken Futures PF_CELOUSD−0.0200%1h0.09259−0.012%$18K$8K10xas long as short
Injective CELO/USDC PERP+0.0033%1h0.09930+7.230%$749$1785.5xas long as short
BloFin CELO-USDT+0.0077%8h0.09243−0.189%$100K$19K75xas long as short
Variational Omni CELO+0.0097%8h0.09240−0.225%$10K$1Kas long as short
Hyperliquid CELO+0.0100%1h0.09267+0.074%$200K$194K3xas long as short
Binance CELOUSDTlong+0.0100%8h0.09261long leg$1.9M$3.6M50x
Bybit CELOUSDT+0.0100%8h0.09251−0.103%$1.3M$831K50xas long as short
OKX CELO-USDT-SWAP+0.0100%8h0.09250−0.113%$482K$988K20xas long as short
Gate CELO_USDT+0.0100%8h0.09239−0.232%$100K$39K50xas long as short
MEXC CELO_USDT+0.0100%8h0.09249−0.124%$640K$257K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin CELOUSDTM+0.0100%8h0.09250−0.113%$329K$267K50xas long as short
Bitget CELOUSDTshort+0.0100%8h0.09259−0.016%$851K$391K50x
BingX CELO-USDT+0.0100%8h0.09257−0.038%$2.4Mas long as short