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: Bybit against BingX−0.152%7-day average −0.102% · you buy dearer than you sell
Net, funding: paid 7d − costs−$250as in the Funding arb table
Net, price: spread back to 7d avg − costs−$248as in the Price arb table
costs, in and out, $10k−$2432.428% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.077%−$8 on $10k
Price spread, last 7 days+0.097%+$10 · spread now −0.152%, 7d avg −0.102%
Together, before fees+0.019%+$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: Bybit is 0.050% cheaper against BingX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.102%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX CELO-USDT0.092390.0100pay 0.0100% / 8h1h 15m$2.4M
ShortBybit CELOUSDT0.092250.0100get 0.0100% / 8h1h 15m$1.3M$818K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: −0.152% → −0.102%
−$4.97
Slippage, 4 orders
−$221.77
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$247.74
Costs to cover
2.428%
Break-even
never at this rate
Slippage from BingX: live order book, 9 min ago; Bybit: 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, 9 min ago5.41 bp23.3 bp −$2364.3 bp −$643838.8 bp −$83.9Kdoesn't fit
Sell Bybit live order book, 5 min ago4.87 bp90.2 bp −$90396.8 bp −$3,968doesn'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%1h0.09252+0.138%$18K$8K10xas long as short
Injective CELO/USDC PERP+0.0033%1h0.09930+7.479%$749$1785.5xas long as short
Variational Omni CELO+0.0085%8h0.09239−0.002%$10K$1Kas long as short
Hyperliquid CELO+0.0100%1h0.09243+0.039%$199K$193K3xas long as short
Binance CELOUSDT+0.0100%8h0.09237−0.021%$1.9M$3.6M50xas long as short
Bybit CELOUSDTshort+0.0100%8h0.09225−0.152%$1.3M$818K50x
OKX CELO-USDT-SWAP+0.0100%8h0.09235−0.043%$480K$980K20xas long as short
Gate CELO_USDT+0.0100%8h0.09233−0.065%$100K$39K50xas long as short
MEXC CELO_USDT+0.0100%8h0.09230−0.097%$615K$264K50xas long as short
KuCoin CELOUSDTM+0.0100%8h0.09240+0.011%$322K$268K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CELOUSDT+0.0100%8h0.09231−0.087%$848K$381K50xas long as short
BingX CELO-USDTlong+0.0100%8h0.09239long leg$2.4M
BloFin CELO-USDT+0.0121%8h0.09236−0.032%$100K$19K75xas long as short