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: Binance against Bitget−0.098%7-day average +0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$132as in the Funding arb table
Net, price: spread back to 7d avg − costs−$144as in the Price arb table
costs, in and out, $10k−$1291.292% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.028%−$3 on $10k
Price spread, last 4 days (all we have)+0.122%+$12 · spread now −0.098%, 7d avg +0.050%
Together, before fees+0.093%+$9 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: Binance is 0.149% cheaper against Bitget than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.050%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget CELOUSDT0.094270.0100pay 0.0100% / 8h6h 56m$872K$444K50x
ShortBinance CELOUSDT0.094180.0100get 0.0100% / 8h6h 56m$1.9M$4.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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: −0.098% → +0.050%
−$14.86
Slippage, 4 orders
−$107.21
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$144.07
Costs to cover
1.292%
Break-even
never at this rate
Slippage from Bitget: live order book, 9 min ago; Binance: live order book, 10 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 Bitget live order book, 9 min ago4.71 bp39.9 bp −$40260.4 bp −$2,604doesn't fitdoesn't fit
Sell Binance live order book, 10 min ago3.66 bp27.7 bp −$2894.0 bp −$940doesn'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−0.0825%1h0.09437+0.105%$19K$8K10xas long as short
Variational Omni CELO−0.0001%8h0.09461+0.359%$10K$906as long as short
Hyperliquid CELO+0.0100%1h0.09406−0.222%$192K$209K3xas long as short
Binance CELOUSDTshort+0.0100%8h0.09418−0.098%$1.9M$4.1M50x
Bybit CELOUSDT+0.0100%8h0.09414−0.138%$1.3M$902K50xas long as short
OKX CELO-USDT-SWAP+0.0100%8h0.09390−0.392%$488K$1.0M20xas long as short
Gate CELO_USDT+0.0100%8h0.09435+0.085%$100K$41K50xas long as short
MEXC CELO_USDT+0.0100%8h0.09413−0.149%$620K$264K50xas long as short
KuCoin CELOUSDTM+0.0100%8h0.09420−0.074%$327K$273K50xas long as short
Bitget CELOUSDTlong+0.0100%8h0.09427long leg$872K$444K50x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX CELO-USDT+0.0100%8h0.09420−0.074%$2.4Mas long as short
BloFin CELO-USDT+0.0111%8h0.09449+0.233%$101K$20K75xas long as short
Injective CELO/USDC PERP+0.5000%1h0.1001+6.184%$755$4995.5xas long as short