Funding you earn now, next payment 08:00 UTC−0.0009%/8h= −1.0% APRnext payment −$0.09 per $10,000 · paid last 24h −0.001%
Price spread now: Binance against BloFin−0.135%81s7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$990.989% of the position
Funding, last 7 days−0.010%−$1 on $10k
+Price spread, last 4 days (all we have)+0.423%+$42 · spread now −0.135%, 7d avg +0.018%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.154% cheaper against BloFin than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.018%. The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin CELO-USDT | 0.09575 | 0.0109 | pay 0.0109% / 8h | 5h 15m | $101K | $20K | 75x |
| Short | Binance CELOUSDT | 0.09562 | 0.0100 | get 0.0100% / 8h | 5h 15m | $2.0M | $4.0M | 50x |
BloFin CELO-USDT
Binance CELOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$1.87
- Price spread: −0.135% → +0.018%
- −$15.37
- Slippage, 4 orders
- −$76.85
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$116.09
- Costs to cover
- 0.989%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 15 min ago; Binance: live order book, 6 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 15 min ago | 4.20 bp | 18.0 bp −$18 | 67.0 bp −$670 | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 3.66 bp | 28.3 bp −$28 | 128.6 bp −$1,286 | doesn't fit | doesn't fit |
CELO on 13 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_CELOUSD | −0.1080% | 1h | 0.09569 | −0.061% | $19K | $8K | 10x | as long as short |
| Variational Omni CELO | +0.0019% | 8h | 0.09555 | −0.213% | $10K | $462 | — | as long as short |
| Hyperliquid CELO | +0.0100% | 1h | 0.09552 | −0.243% | $207K | $219K | 3x | as long as short |
| Binance CELOUSDTshort | +0.0100% | 8h | 0.09562 | −0.135% | $2.0M | $4.0M | 50x | |
| Bybit CELOUSDT | +0.0100% | 8h | 0.09552 | −0.240% | $1.3M | $890K | 50x | as long as short |
| OKX CELO-USDT-SWAP | +0.0100% | 8h | 0.09539 | −0.376% | $494K | $951K | 20x | as long as short |
| Gate CELO_USDT | +0.0100% | 8h | 0.09561 | −0.146% | $136K | $80K | 50x | as long as short |
| MEXC CELO_USDT | +0.0100% | 8h | 0.09551 | −0.251% | $601K | $272K | 50x | as long as short |
| KuCoin CELOUSDTM | +0.0100% | 8h | 0.09550 | −0.261% | $331K | $273K | 50x | as long as short |
| Bitget CELOUSDT | +0.0100% | 8h | 0.09563 | −0.125% | $868K | $456K | 50x | as long as short |
Kraken Futures PF_CELOUSD
Variational Omni CELO
Hyperliquid CELO
Bybit CELOUSDT
OKX CELO-USDT-SWAP
Gate CELO_USDT
MEXC CELO_USDT
KuCoin CELOUSDTM
Bitget CELOUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX CELO-USDT | +0.0100% | 8h | 0.09558 | −0.178% | — | $2.4M | — | as long as short |
| BloFin CELO-USDTlong | +0.0109% | 8h | 0.09575 | long leg | $101K | $20K | 75x | |
| Injective CELO/USDC PERP | +0.5000% | 1h | 0.1011 | +5.587% | $762 | $730 | 5.5x | as long as short |
BingX CELO-USDT
Injective CELO/USDC PERP