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

CELO

all CELO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bitget−0.022%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$944as in the Funding arb table
Net, price: spread back to 7d avg − costs−$942as in the Price arb table
costs, in and out, $10k−$9449.438% 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)+0.022%+$2 · spread now −0.022%, 7d avg −0.037%
Together, before fees+0.022%+$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget CELOUSDT0.092920.0100pay 0.0100% / 8h7h 39m$844K$423K50x
ShortKuCoin CELOUSDTM0.092900.0100get 0.0100% / 8h7h 39m$318K$261K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.022% → −0.037%
$1.51
Slippage, 4 orders
−$919.78
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$942.26
Costs to cover
9.438%
Break-even
never at this rate
Slippage from Bitget: live order book, 56 min ago; KuCoin: live order book, 53 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, 56 min ago6.47 bp27.5 bp −$28133.1 bp −$1,331doesn't fitdoesn't fit
Sell KuCoin live order book, 53 min ago5.40 bp548.0 bp −$548doesn'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
Injective CELO/USDC PERP+0.0033%1h0.09890+6.436%$746$1K5.5xas long as short
Hyperliquid CELO+0.0100%1h0.09294+0.016%$204K$188K3xas long as short
Binance CELOUSDT+0.0100%8h0.09295+0.029%$1.9M$3.1M50xas long as short
Bybit CELOUSDT+0.0100%8h0.09279−0.140%$1.3M$764K50xas long as short
OKX CELO-USDT-SWAP+0.0100%8h0.09281−0.118%$491K$688K20xas long as short
Gate CELO_USDT+0.0100%8h0.09294+0.022%$133K$72K50xas long as short
MEXC CELO_USDT+0.0100%8h0.09281−0.118%$555K$235K50xas long as short
KuCoin CELOUSDTMshort+0.0100%8h0.09290−0.022%$318K$261K50x
Bitget CELOUSDTlong+0.0100%8h0.09292long leg$844K$423K50x
BingX CELO-USDT+0.0100%8h0.09294+0.022%$2.4Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni CELO+0.0100%8h0.09276−0.167%$10K$85as long as short
BloFin CELO-USDT+0.0112%8h0.09304+0.129%$97K$19K75xas long as short
Kraken Futures PF_CELOUSD+0.0731%1h0.09295+0.029%$17K$9K10xas long as short