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

CELO

all CELO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against BingX−0.031%7-day average −0.004% · 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−$111as in the Price arb table
costs, in and out, $10k−$1081.081% 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 7 days+0.003%$0 · spread now −0.031%, 7d avg −0.004%
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: Binance is 0.027% cheaper against BingX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX CELO-USDT0.095830.0100pay 0.0100% / 8h7h 46m$2.4M
ShortBinance CELOUSDT0.095800.0100get 0.0100% / 8h7h 46m$2.0M$4.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BingX. 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: −0.031% → −0.004%
−$2.74
Slippage, 4 orders
−$88.08
Fee BingX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$110.82
Costs to cover
1.081%
Break-even
never at this rate
Slippage from BingX: live order book, 7 min ago; Binance: 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 BingX live order book, 7 min ago4.72 bp28.5 bp −$28100.6 bp −$1,006869.6 bp −$87.0K1226.6 bp −$613.3K
Sell Binance live order book, 5 min ago1.57 bp23.6 bp −$24102.2 bp −$1,022doesn'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−0.1514%1h0.09580−0.030%$19K$8K10xas long as short
Bybit CELOUSDT−0.0010%8h0.09562−0.219%$1.3M$898K50xas long as short
Variational Omni CELO+0.0018%8h0.09562−0.224%$10K$1Kas long as short
Hyperliquid CELO+0.0100%1h0.09575−0.080%$208K$195K3xas long as short
Binance CELOUSDTshort+0.0100%8h0.09580−0.031%$2.0M$4.0M50x
OKX CELO-USDT-SWAP+0.0100%8h0.09571−0.125%$494K$1.0M20xas long as short
Gate CELO_USDT+0.0100%8h0.09556−0.282%$101K$42K50xas long as short
MEXC CELO_USDT+0.0100%8h0.09561−0.230%$632K$267K50xas long as short
KuCoin CELOUSDTM+0.0100%8h0.09540−0.449%$333K$274K50xas long as short
Bitget CELOUSDT+0.0100%8h0.09570−0.136%$891K$429K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX CELO-USDTlong+0.0100%8h0.09583long leg$2.4M
BloFin CELO-USDT+0.0111%8h0.09556−0.282%$102K$20K75xas long as short
Injective CELO/USDC PERP+0.5000%1h0.1013+5.708%$764$3765.5xas long as short