Funding you earn now, next payment 00:00 UTC+0.0029%/8h= +3.2% APRnext payment +$0.29 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against BloFin−0.108%108s7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$386as 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−$3883.882% of the position
Funding, last 7 days+0.022%+$2 on $10k
+Price spread, last 3 days (all we have)+0.250%+$25 · spread now −0.108%, 7d avg 0.000%
=Funding pays, the price is against you. Gate is 0.108% cheaper against BloFin than usual: you would sell low and buy high (spread −0.108% now, against its 7-day average of 0.000%). If the spread goes back, that is −$11 on $10k: about 12 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.022% in total) that is about 35 days. The two prices were read 108 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 | 0.09245 | 0.0071 | pay 0.0071% / 8h | 1h 17m | $99K | $19K | 75x |
| Short | Gate CELO_USDT | 0.09235 | 0.0100 | get 0.0100% / 8h | 1h 17m | $100K | $39K | 50x |
BloFin CELO-USDT
Gate CELO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $6.17
- Price spread: −0.108% → 0.000%
- −$10.81
- Slippage, 4 orders
- −$361.15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$392.79
- Costs to cover
- 3.882%
- Break-even
- 452.4 days
Slippage from BloFin: live order book, 49 min ago; Gate: live order book, 58 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, 49 min ago | 2.17 bp | 18.8 bp −$19 | 53.7 bp −$537 | doesn't fit | doesn't fit |
| Sell Gate live order book, 58 min ago | 9.74 bp | 207.7 bp −$208 | doesn't fit | 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 | −0.0200% | 1h | 0.09250 | +0.052% | $18K | $8K | 10x | as long as short |
| Injective CELO/USDC PERP | +0.0033% | 1h | 0.09930 | +7.409% | $749 | $178 | 5.5x | as long as short |
| BloFin CELO-USDTlong | +0.0071% | 8h | 0.09245 | long leg | $99K | $19K | 75x | |
| Variational Omni CELO | +0.0085% | 8h | 0.09239 | −0.067% | $10K | $1K | — | as long as short |
| Hyperliquid CELO | +0.0100% | 1h | 0.09241 | −0.040% | $199K | $193K | 3x | as long as short |
| Binance CELOUSDT | +0.0100% | 8h | 0.09241 | −0.043% | $1.9M | $3.6M | 50x | as long as short |
| Bybit CELOUSDT | +0.0100% | 8h | 0.09230 | −0.162% | $1.3M | $820K | 50x | as long as short |
| OKX CELO-USDT-SWAP | +0.0100% | 8h | 0.09228 | −0.184% | $480K | $981K | 20x | as long as short |
| Gate CELO_USDTshort | +0.0100% | 8h | 0.09235 | −0.108% | $100K | $39K | 50x | |
| MEXC CELO_USDT | +0.0100% | 8h | 0.09233 | −0.130% | $615K | $264K | 50x | as long as short |
Kraken Futures PF_CELOUSD
Injective CELO/USDC PERP
Variational Omni CELO
Hyperliquid CELO
Binance CELOUSDT
Bybit CELOUSDT
OKX CELO-USDT-SWAP
MEXC CELO_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin CELOUSDTM | +0.0100% | 8h | 0.09240 | −0.054% | $322K | $268K | 50x | as long as short |
| Bitget CELOUSDT | +0.0100% | 8h | 0.09231 | −0.151% | $848K | $381K | 50x | as long as short |
| BingX CELO-USDT | +0.0100% | 8h | 0.09241 | −0.043% | — | $2.4M | — | as long as short |
KuCoin CELOUSDTM
Bitget CELOUSDT
BingX CELO-USDT