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: KuCoin against BingX−0.171%7-day average −0.092% · you buy dearer than you sell
Net, funding: paid 7d − costs−$578as in the Funding arb table
Net, price: spread back to 7d avg − costs−$586as in the Price arb table
costs, in and out, $10k−$5785.776% 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)+0.101%+$10 · spread now −0.171%, 7d avg −0.092%
Together, before fees+0.101%+$10 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: KuCoin is 0.080% cheaper against BingX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.092%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX CELO-USDT0.093360.0100pay 0.0100% / 8h1h 59m$2.4M
ShortKuCoin CELOUSDTM0.093200.0100get 0.0100% / 8h1h 59m$320K$266K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.171% → −0.092%
−$7.96
Slippage, 4 orders
−$555.64
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$585.6
Costs to cover
5.776%
Break-even
never at this rate
Slippage from BingX: live order book, 5 min ago; KuCoin: live order book, 58 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, 5 min ago4.83 bp22.8 bp −$2369.3 bp −$693930.7 bp −$93.1K1222.1 bp −$611.1K
Sell KuCoin live order book, 58 min ago5.33 bp219.0 bp −$219doesn'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−0.0699%1h0.09341+0.052%$18K$8K10xas long as short
Variational Omni CELO+0.0006%8h0.09317−0.206%$10K$402as long as short
Hyperliquid CELO+0.0100%1h0.09326−0.103%$203K$205K3xas long as short
Binance CELOUSDT+0.0100%8h0.09335−0.014%$1.9M$3.5M50xas long as short
Bybit CELOUSDT+0.0100%8h0.09319−0.182%$1.3M$818K50xas long as short
OKX CELO-USDT-SWAP+0.0100%8h0.09317−0.204%$486K$732K20xas long as short
Gate CELO_USDT+0.0100%8h0.09330−0.064%$134K$74K50xas long as short
MEXC CELO_USDT+0.0100%8h0.09322−0.150%$569K$252K50xas long as short
KuCoin CELOUSDTMshort+0.0100%8h0.09320−0.171%$320K$266K50x
Bitget CELOUSDT+0.0100%8h0.09328−0.086%$846K$437K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX CELO-USDTlong+0.0100%8h0.09336long leg$2.4M
BloFin CELO-USDT+0.0113%8h0.09329−0.075%$97K$19K75xas long as short
Injective CELO/USDC PERP+0.5000%1h0.09880+5.827%$745$1K5.5xas long as short