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: OKX against Bitget−0.043%7-day average −0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$152as in the Funding arb table
Net, price: spread back to 7d avg − costs−$146as in the Price arb table
costs, in and out, $10k−$1491.485% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.034%−$3 on $10k
Price spread, last 4 days (all we have)−0.018%−$2 · spread now −0.043%, 7d avg −0.072%
Together, before fees−0.052%−$5 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: OKX is 0.029% dearer against Bitget than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.072%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget CELOUSDT0.093100.0100pay 0.0100% / 8h2h 43m$841K$402K50x
ShortOKX CELO-USDT-SWAP0.093060.0100get 0.0100% / 8h2h 43m$478K$722K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.043% → −0.072%
$2.88
Slippage, 4 orders
−$126.54
Fee Bitget: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$145.66
Costs to cover
1.485%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; OKX: live order book, 23 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, 3 min ago3.21 bp35.8 bp −$36210.1 bp −$2,101doesn't fitdoesn't fit
Sell OKX live order book, 23 min ago4.28 bp45.0 bp −$45doesn'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
Kraken Futures PF_CELOUSD−0.0984%1h0.09328+0.188%$18K$8K10xas long as short
Variational Omni CELO−0.0017%8h0.09326+0.170%$10K$462as long as short
Hyperliquid CELO+0.0100%1h0.09325+0.161%$204K$206K3xas long as short
Binance CELOUSDT+0.0100%8h0.09321+0.121%$1.9M$3.5M50xas long as short
Bybit CELOUSDT+0.0100%8h0.093100.000%$1.2M$820K50xas long as short
OKX CELO-USDT-SWAPshort+0.0100%8h0.09306−0.043%$478K$722K20x
Gate CELO_USDT+0.0100%8h0.09340+0.322%$135K$77K50xas long as short
MEXC CELO_USDT+0.0100%8h0.093100.000%$566K$259K50xas long as short
KuCoin CELOUSDTM+0.0100%8h0.09330+0.215%$323K$265K50xas long as short
Bitget CELOUSDTlong+0.0100%8h0.09310long leg$841K$402K50x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX CELO-USDT+0.0100%8h0.09320+0.107%$2.4Mas long as short
BloFin CELO-USDT+0.0123%8h0.09328+0.193%$98K$19K75xas long as short
Injective CELO/USDC PERP+0.5000%1h0.09900+6.337%$746$1K5.5xas long as short