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: OKX against Binance−0.057%7-day average −0.123% · you buy dearer than you sell
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1261.256% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.006%−$1 on $10k
Price spread, last 4 days (all we have)−0.019%−$2 · spread now −0.057%, 7d avg −0.123%
Together, before fees−0.025%−$2 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: OKX is 0.067% dearer against Binance than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.123%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance CELOUSDT0.092420.0100pay 0.0100% / 8h1h 11m$1.9M$3.6M50x
ShortOKX CELO-USDT-SWAP0.092370.0100get 0.0100% / 8h1h 11m$480K$981K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.057% → −0.123%
$6.69
Slippage, 4 orders
−$105.57
Fee Binance: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$118.88
Costs to cover
1.256%
Break-even
never at this rate
Slippage from Binance: live order book, 10 min ago; OKX: live order book, 5 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 ago3.78 bp25.5 bp −$26142.0 bp −$1,420doesn't fitdoesn't fit
Sell OKX live order book, 5 min ago4.33 bp33.6 bp −$34doesn't fitdoesn'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%1h0.09254+0.123%$18K$8K10xas long as short
Injective CELO/USDC PERP+0.0033%1h0.09930+7.442%$749$1785.5xas long as short
Variational Omni CELO+0.0091%8h0.09227−0.161%$10K$1Kas long as short
Hyperliquid CELO+0.0100%1h0.09248+0.057%$199K$193K3xas long as short
Binance CELOUSDTlong+0.0100%8h0.09242long leg$1.9M$3.6M50x
Bybit CELOUSDT+0.0100%8h0.09229−0.143%$1.3M$819K50xas long as short
OKX CELO-USDT-SWAPshort+0.0100%8h0.09237−0.057%$480K$981K20x
Gate CELO_USDT+0.0100%8h0.09250+0.084%$100K$40K50xas long as short
MEXC CELO_USDT+0.0100%8h0.09235−0.078%$615K$264K50xas long as short
KuCoin CELOUSDTM+0.0100%8h0.09240−0.024%$322K$268K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CELOUSDT+0.0100%8h0.09232−0.111%$846K$382K50xas long as short
BingX CELO-USDT+0.0100%8h0.09240−0.024%$2.4Mas long as short
BloFin CELO-USDT+0.0105%8h0.09245+0.030%$100K$19K75xas long as short