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Funding arb · Price arb /

CELO

all CELO markets
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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 04:00 UTC−0.1505%/8h= −164.8% APRpaid last 24h +0.355%
Price spread now: Kraken Futures against Bitget+0.412%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on BitgetShort on Kraken Futures
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 days—no price history on both exchanges yet
Together, before fees—needs both histories
The price spread pays, funding is against you. Kraken Futures is 0.412% dearer against Bitget than usual: you sell high and buy low (spread +0.412% now, against zero (this spread has no 7-day history yet)): +$41 on $10k if it goes back. Holding the pair costs −$45 a day in funding at the current rate, which eats that in about 22 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget CELOUSDT0.094840.0100pay 0.0100% / 8h4h 28m$860K$445K50x
ShortKraken Futures PF_CELOUSD0.09523−0.1405pay 0.0176% / 1h28m 43s$19K$8K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
−$316.1
Price spread: +0.412% → 0.000%
$41.22
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$296.88
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: Bitget: live order book, 27 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 Bitget live order book, 27 min ago4.20 bp34.4 bp −$34232.2 bp −$2,322doesn't fitdoesn't fit
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−0.1405%1h0.09523+0.412%$19K$8K10x
Variational Omni CELO−0.0007%8h0.09495+0.114%$10K$462—as long as short
Hyperliquid CELO+0.0100%1h0.09495+0.113%$206K$220K3xas long as short
Binance CELOUSDT+0.0100%8h0.09502+0.190%$1.9M$3.9M50xas long as short
Bybit CELOUSDT+0.0100%8h0.09493+0.095%$1.3M$905K50xas long as short
OKX CELO-USDT-SWAP+0.0100%8h0.09488+0.042%$489K$927K20xas long as short
Gate CELO_USDT+0.0100%8h0.09510+0.274%$136K$79K50xas long as short
MEXC CELO_USDT+0.0100%8h0.09491+0.074%$598K$266K50xas long as short
KuCoin CELOUSDTM+0.0100%8h0.09490+0.063%$329K$272K50xas long as short
Bitget CELOUSDTlong+0.0100%8h0.09484long leg$860K$445K50x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX CELO-USDT+0.0100%8h0.09499+0.158%—$2.4M—as long as short
BloFin CELO-USDT+0.0115%8h0.09512+0.295%$101K$20K75xas long as short
Injective CELO/USDC PERP+0.5000%1h0.1008+6.284%$760$8735.5xas long as short