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 Bitget−0.011%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1221.222% 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)+0.065%+$7 · spread now −0.011%, 7d avg −0.047%
Together, before fees+0.032%+$3 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 0.037% dearer against Bitget than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.047%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget CELOUSDT0.095090.0100pay 0.0100% / 8h4h 30m$862K$447K50x
ShortMEXC CELO_USDT0.095080.0100get 0.0100% / 8h4h 30m$599K$266K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: −0.011% → −0.047%
$3.68
Slippage, 4 orders
−$106.23
Fee Bitget: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$118.54
Costs to cover
1.222%
Break-even
never at this rate
Slippage from Bitget: live order book, 25 min ago; MEXC: live order book, 19 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, 25 min ago4.20 bp34.4 bp −$34232.2 bp −$2,322doesn't fitdoesn't fit
Sell MEXC live order book, 19 min ago6.86 bp12.1 bp −$1261.4 bp −$614262.0 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−0.1406%1h0.09521+0.128%$19K$8K10xas long as short
Variational Omni CELO−0.0007%8h0.09495−0.149%$10K$462as long as short
BloFin CELO-USDT+0.0081%8h0.09465−0.463%$100K$20K75xas long as short
Hyperliquid CELO+0.0100%1h0.09515+0.066%$206K$220K3xas long as short
Binance CELOUSDT+0.0100%8h0.09520+0.116%$1.9M$3.9M50xas long as short
Bybit CELOUSDT+0.0100%8h0.09503−0.063%$1.3M$905K50xas long as short
OKX CELO-USDT-SWAP+0.0100%8h0.09505−0.042%$490K$929K20xas long as short
Gate CELO_USDT+0.0100%8h0.09517+0.084%$136K$79K50xas long as short
MEXC CELO_USDTshort+0.0100%8h0.09508−0.011%$599K$266K50x
KuCoin CELOUSDTM+0.0100%8h0.09510+0.011%$329K$272K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CELOUSDTlong+0.0100%8h0.09509long leg$862K$447K50x
BingX CELO-USDT+0.0100%8h0.09521+0.126%$2.4Mas long as short
Injective CELO/USDC PERP+0.5000%1h0.1006+5.795%$759$8715.5xas long as short