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

CELO

all CELO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against BingX−0.015%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1101.099% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.215%−$21 · spread now −0.015%, 7d avg −0.031%
Together, before fees−0.215%+ Points / potential airdropHyperliquid: Season 2 · farm board−$22 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX CELO-USDT0.094930.0100pay 0.0100% / 8h4h 57m$2.4M
ShortHyperliquid CELO0.094920.0100get 0.0013% / 1h57m 48s$205K$220K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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: −0.015% → −0.031%
$1.62
Slippage, 4 orders
−$90.9
Fee BingX: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$108.28
Costs to cover
1.099%
Break-even
never at this rate
Slippage from BingX: live order book, 7 min ago; Hyperliquid: live order book, 31 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 ago4.20 bp27.7 bp −$2894.5 bp −$945953.5 bp −$95.4K1248.2 bp −$624.1K
Sell Hyperliquid live order book, 31 min ago2.47 bp29.8 bp −$30doesn'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−0.1406%1h0.09515+0.236%$19K$8K10xas long as short
Variational Omni CELO+0.0010%8h0.09501+0.081%$10K$462as long as short
Hyperliquid CELOshort+0.0100%1h0.09492−0.015%$205K$220K3x
Binance CELOUSDT+0.0100%8h0.09496+0.032%$1.9M$4.0M50xas long as short
Bybit CELOUSDT+0.0100%8h0.09487−0.063%$1.3M$890K50xas long as short
OKX CELO-USDT-SWAP+0.0100%8h0.09478−0.158%$490K$939K20xas long as short
Gate CELO_USDT+0.0100%8h0.09506+0.137%$136K$79K50xas long as short
MEXC CELO_USDT+0.0100%8h0.09483−0.105%$597K$264K50xas long as short
KuCoin CELOUSDTM+0.0100%8h0.09510+0.179%$329K$273K50xas long as short
Bitget CELOUSDT+0.0100%8h0.09492−0.011%$862K$456K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX CELO-USDTlong+0.0100%8h0.09493long leg$2.4M
BloFin CELO-USDT+0.0115%8h0.09528+0.369%$102K$20K75xas long as short
Injective CELO/USDC PERP+0.5000%1h0.1007+6.078%$759$7705.5xas long as short