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: MEXC against BingX−0.183%7-day average −0.101% · you buy dearer than you sell
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$680.682% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.033%−$3 on $10k
Price spread, last 4 days (all we have)+0.140%+$14 · spread now −0.183%, 7d avg −0.101%
Together, before fees+0.107%+$11 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: MEXC is 0.082% 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 −0.101%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX CELO-USDT0.092940.0100pay 0.0100% / 8h2h 39m$2.4M
ShortMEXC CELO_USDT0.092770.0100get 0.0100% / 8h2h 39m$566K$260K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: −0.183% → −0.101%
−$8.19
Slippage, 4 orders
−$54.19
Fee BingX: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$76.38
Costs to cover
0.682%
Break-even
never at this rate
Slippage from BingX: live order book, 4 min ago; MEXC: live order book, 65 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, 4 min ago4.28 bp24.3 bp −$2471.1 bp −$711984.7 bp −$98.5K1343.2 bp −$671.6K
Sell MEXC live order book, 65 min ago3.17 bp8.5 bp −$861.3 bp −$613262.4 bp −$26.2Kdoesn'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−0.0987%1h0.09301+0.081%$18K$8K10xas long as short
Variational Omni CELO−0.0020%8h0.09293−0.010%$10K$462as long as short
Hyperliquid CELO+0.0100%1h0.09295+0.006%$203K$206K3xas long as short
Binance CELOUSDT+0.0100%8h0.09289−0.049%$1.9M$3.5M50xas long as short
Bybit CELOUSDT+0.0100%8h0.09279−0.161%$1.2M$817K50xas long as short
OKX CELO-USDT-SWAP+0.0100%8h0.09274−0.215%$478K$720K20xas long as short
Gate CELO_USDT+0.0100%8h0.09300+0.065%$134K$77K50xas long as short
MEXC CELO_USDTshort+0.0100%8h0.09277−0.183%$566K$260K50x
KuCoin CELOUSDTM+0.0100%8h0.09280−0.151%$321K$265K50xas long as short
Bitget CELOUSDT+0.0100%8h0.09279−0.161%$838K$406K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX CELO-USDTlong+0.0100%8h0.09294long leg$2.4M
BloFin CELO-USDT+0.0112%8h0.09326+0.344%$98K$19K75xas long as short
Injective CELO/USDC PERP+0.5000%1h0.09900+6.520%$746$1K5.5xas long as short