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

CELO

all CELO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.1510%/8h= −165.3% APRpaid last 24h +0.355%
Price spread now: Kraken Futures against BingX+0.053%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Kraken Futures is 0.053% dearer against BingX than usual: you sell high and buy low (spread +0.053% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$45 a day in funding at the current rate, which eats that in about 3 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX CELO-USDT0.094890.0100pay 0.0100% / 8h4h 27m$2.4M
ShortKraken Futures PF_CELOUSD0.09494−0.1410pay 0.0176% / 1h27m 50s$19K$8K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
−$317
Price spread: +0.053% → 0.000%
$5.26
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$331.74
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 6 min ago; Kraken Futures: 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, 6 min ago7.38 bp23.1 bp −$2369.6 bp −$696992.7 bp −$99.3K1270.2 bp −$635.1K
Sell Kraken Futures no order-book sample
Kraken Futures: 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_CELOUSDshort−0.1410%1h0.09494+0.053%$19K$8K10x
Variational Omni CELO−0.0007%8h0.09495+0.062%$10K$462as long as short
Hyperliquid CELO+0.0100%1h0.09485−0.037%$206K$220K3xas long as short
Binance CELOUSDT+0.0100%8h0.09491+0.017%$1.9M$3.9M50xas long as short
Bybit CELOUSDT+0.0100%8h0.09475−0.148%$1.3M$906K50xas long as short
OKX CELO-USDT-SWAP+0.0100%8h0.09478−0.116%$489K$926K20xas long as short
Gate CELO_USDT+0.0100%8h0.09500+0.116%$136K$79K50xas long as short
MEXC CELO_USDT+0.0100%8h0.09484−0.053%$598K$266K50xas long as short
KuCoin CELOUSDTM+0.0100%8h0.09490+0.011%$329K$272K50xas long as short
Bitget CELOUSDT+0.0100%8h0.09474−0.158%$859K$442K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX CELO-USDTlong+0.0100%8h0.09489long leg$2.4M
BloFin CELO-USDT+0.0115%8h0.09512+0.242%$101K$20K75xas long as short
Injective CELO/USDC PERP+0.5000%1h0.1008+6.228%$760$8735.5xas long as short