Settings8H · net · $10k
Funding arb · Price arb /

CELO

all CELO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0011%/8h= −1.2% APRpaid last 24h −0.001%
Price spread now: Hyperliquid against BloFin+0.316%7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$1131.128% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.019%+$2 on $10k
Price spread, last 3 days (all we have)−0.333%−$33 · spread now +0.316%, 7d avg −0.008%
Together, before fees−0.315%+ Points / potential airdropHyperliquid: Season 2 · farm board−$31 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Hyperliquid is 0.324% dearer against BloFin than usual: you sell high and buy low (spread +0.316% now, against its 7-day average of −0.008%): +$32 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 3 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin CELO-USDT0.095560.0111pay 0.0111% / 8h7h 46m$102K$20K75x
ShortHyperliquid CELO0.095860.0100get 0.0013% / 1h46m 38s$208K$195K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against BloFin. 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
−$2.31
Price spread: +0.316% → −0.008%
$32.37
Slippage, 4 orders
−$91.84
Fee BloFin: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$82.78
Costs to cover
1.128%
Break-even
never at this rate
Slippage from BloFin: live order book, 50 min ago; Hyperliquid: live order book, 3 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 BloFin live order book, 50 min ago6.35 bp21.3 bp −$2173.8 bp −$738doesn't fitdoesn't fit
Sell Hyperliquid live order book, 3 min ago1.62 bp30.8 bp −$31doesn'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−0.1514%1h0.09580+0.253%$19K$8K10xas long as short
Variational Omni CELO+0.0018%8h0.09562+0.058%$10K$1Kas long as short
Bybit CELOUSDT+0.0063%8h0.09536−0.209%$1.3M$899K50xas long as short
Hyperliquid CELOshort+0.0100%1h0.09586+0.316%$208K$195K3x
Binance CELOUSDT+0.0100%8h0.09551−0.050%$2.0M$4.0M50xas long as short
OKX CELO-USDT-SWAP+0.0100%8h0.09528−0.293%$495K$1.0M20xas long as short
Gate CELO_USDT+0.0100%8h0.09552−0.042%$101K$42K50xas long as short
MEXC CELO_USDT+0.0100%8h0.09567+0.115%$631K$267K50xas long as short
KuCoin CELOUSDTM+0.0100%8h0.09570+0.147%$334K$274K50xas long as short
Bitget CELOUSDT+0.0100%8h0.09554−0.021%$890K$429K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX CELO-USDT+0.0100%8h0.09544−0.126%$2.4Mas long as short
BloFin CELO-USDTlong+0.0111%8h0.09556long leg$102K$20K75x
Injective CELO/USDC PERP+0.5000%1h0.1013+6.007%$764$3765.5xas long as short