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

CELO

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.4900%/8h= +536.5% APRpaid last 24h +0.538%
Price spread now: Injective against BingX+5.661%7-day average · you sell dearer than you buy
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 7 days+0.575%+$58 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$147 a day on $10k at the current rate, and Injective is 5.661% dearer against BingX than usual: you sell high and buy low: +$566 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.575% in total (about 30.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX CELO-USDT0.095210.0100pay 0.0100% / 8h4h 30m$2.4M
ShortInjective CELO/USDC PERP0.10060.5000get 0.0625% / 1h30m 44s$759$8715.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$1,029
Price spread: +5.661% → 0.000%
$566.12
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$1,585.1
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: BingX: live order book, 3 min ago; Injective: 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 BingX live order book, 3 min ago7.38 bp23.1 bp −$2369.6 bp −$696992.7 bp −$99.3K1270.2 bp −$635.1K
Sell Injective no order-book sample
Injective: 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_CELOUSD−0.1406%1h0.09521+0.002%$19K$8K10xas long as short
Variational Omni CELO−0.0007%8h0.09495−0.275%$10K$462as long as short
BloFin CELO-USDT+0.0081%8h0.09465−0.588%$100K$20K75xas long as short
Hyperliquid CELO+0.0100%1h0.09515−0.060%$206K$220K3xas long as short
Binance CELOUSDT+0.0100%8h0.09520−0.011%$1.9M$3.9M50xas long as short
Bybit CELOUSDT+0.0100%8h0.09503−0.189%$1.3M$905K50xas long as short
OKX CELO-USDT-SWAP+0.0100%8h0.09505−0.168%$490K$929K20xas long as short
Gate CELO_USDT+0.0100%8h0.09517−0.042%$136K$79K50xas long as short
MEXC CELO_USDT+0.0100%8h0.09508−0.137%$599K$266K50xas long as short
KuCoin CELOUSDTM+0.0100%8h0.09510−0.116%$329K$272K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CELOUSDT+0.0100%8h0.09509−0.126%$862K$447K50xas long as short
BingX CELO-USDTlong+0.0100%8h0.09521long leg$2.4M
Injective CELO/USDC PERPshort+0.5000%1h0.1006+5.661%$759$8715.5x