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

CELO

all CELO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.1615%/8h= −176.9% APRpaid last 24h +0.391%
Price spread now: Kraken Futures against Binance−0.032%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$48 a day on $10k at the current rate, and Kraken Futures is 0.032% cheaper against Binance than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance CELOUSDT0.095730.0100pay 0.0100% / 8h7h 39m$2.0M$4.0M50x
ShortKraken Futures PF_CELOUSD0.09570−0.1515pay 0.0189% / 1h39m 48s$19K$8K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
−$339.23
Price spread: −0.032% → 0.000%
−$3.22
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$362.45
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 12 min ago; Kraken Futures: no order-book sample. Net counts fees only.

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, 12 min ago1.57 bp26.0 bp −$26183.0 bp −$1,830doesn't fitdoesn't fit
Sell Kraken Futures no order-book sample
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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_CELOUSDshort−0.1515%1h0.09570−0.032%$19K$8K10x
Variational Omni CELO+0.0013%8h0.09543−0.317%$10K$1Kas long as short
BloFin CELO-USDT+0.0083%8h0.09561−0.124%$103K$20K75xas long as short
Hyperliquid CELO+0.0100%1h0.09574+0.008%$207K$197K3xas long as short
Binance CELOUSDTlong+0.0100%8h0.09573long leg$2.0M$4.0M50x
Bybit CELOUSDT+0.0100%8h0.09568−0.051%$1.3M$901K50xas long as short
OKX CELO-USDT-SWAP+0.0100%8h0.09555−0.187%$495K$1.0M20xas long as short
Gate CELO_USDT+0.0100%8h0.09570−0.030%$101K$42K50xas long as short
MEXC CELO_USDT+0.0100%8h0.09552−0.218%$630K$267K50xas long as short
KuCoin CELOUSDTM+0.0100%8h0.09570−0.030%$334K$274K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CELOUSDT+0.0100%8h0.09572−0.009%$892K$429K50xas long as short
BingX CELO-USDT+0.0100%8h0.09569−0.041%$2.4Mas long as short
Injective CELO/USDC PERP+0.5000%1h0.1012+5.715%$763$3925.5xas long as short