Funding you earn now, next payment 08:00 UTC+0.0017%/8h= +1.8% APRnext payment +$0.17 per $10,000 · paid last 24h −0.001%
Price spread now: Bybit against BloFin−0.146%7-day average −0.085% · you buy dearer than you sell
Net, funding: paid 7d − costs−$253as in the Funding arb table
Net, price: spread back to 7d avg − costs−$254as in the Price arb table
costs, in and out, $10k−$2472.474% of the position
Funding, last 7 days−0.058%−$6 on $10k
+Price spread, last 3 days (all we have)+0.116%+$12 · spread now −0.146%, 7d avg −0.085%
=Funding pays, the price is against you. Bybit is 0.061% cheaper against BloFin than usual: you would sell low and buy high (spread −0.146% now, against its 7-day average of −0.085%). If the spread goes back, that is −$6 on $10k: about 12 days of funding at the current rate ($0 a day). Mind the row above: over the last 7 days funding on this pair cost −0.058%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin CELO-USDT | 0.09561 | 0.0083 | pay 0.0083% / 8h | 7h 41m | $103K | $20K | 75x |
| Short | Bybit CELOUSDT | 0.09547 | 0.0100 | get 0.0100% / 8h | 7h 41m | $1.3M | $902K | 50x |
BloFin CELO-USDT
Bybit CELOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $3.48
- Price spread: −0.146% → −0.085%
- −$6.12
- Slippage, 4 orders
- −$224.4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$250.04
- Costs to cover
- 2.474%
- Break-even
- 510.5 days
Slippage from BloFin: live order book, 56 min ago; Bybit: live order book, 5 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, 56 min ago | 6.35 bp | 21.3 bp −$21 | 73.8 bp −$738 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 6.28 bp | 100.2 bp −$100 | 361.4 bp −$3,614 | 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 | −0.1515% | 1h | 0.09573 | +0.128% | $19K | $8K | 10x | as long as short |
| Variational Omni CELO | +0.0013% | 8h | 0.09543 | −0.193% | $10K | $1K | — | as long as short |
| BloFin CELO-USDTlong | +0.0083% | 8h | 0.09561 | long leg | $103K | $20K | 75x | |
| Hyperliquid CELO | +0.0100% | 1h | 0.09562 | +0.012% | $207K | $197K | 3x | as long as short |
| Binance CELOUSDT | +0.0100% | 8h | 0.09557 | −0.041% | $2.0M | $4.0M | 50x | as long as short |
| Bybit CELOUSDTshort | +0.0100% | 8h | 0.09547 | −0.146% | $1.3M | $902K | 50x | |
| OKX CELO-USDT-SWAP | +0.0100% | 8h | 0.09550 | −0.115% | $494K | $1.0M | 20x | as long as short |
| Gate CELO_USDT | +0.0100% | 8h | 0.09552 | −0.094% | $101K | $42K | 50x | as long as short |
| MEXC CELO_USDT | +0.0100% | 8h | 0.09548 | −0.136% | $630K | $267K | 50x | as long as short |
| KuCoin CELOUSDTM | +0.0100% | 8h | 0.09550 | −0.115% | $333K | $274K | 50x | as long as short |
Kraken Futures PF_CELOUSD
Variational Omni CELO
Hyperliquid CELO
Binance CELOUSDT
OKX CELO-USDT-SWAP
Gate CELO_USDT
MEXC CELO_USDT
KuCoin CELOUSDTMShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CELOUSDT | +0.0100% | 8h | 0.09553 | −0.084% | $891K | $429K | 50x | as long as short |
| BingX CELO-USDT | +0.0100% | 8h | 0.09562 | +0.010% | — | $2.4M | — | as long as short |
| Injective CELO/USDC PERP | +0.5000% | 1h | 0.1012 | +5.847% | $763 | $392 | 5.5x | as long as short |
Bitget CELOUSDT
BingX CELO-USDT
Injective CELO/USDC PERP