Funding you earn now, next payment 08:00 UTC+0.0016%/8h= +1.8% APRnext payment +$0.16 per $10,000 · paid last 24h −0.001%
Price spread now: MEXC against BloFin+0.031%94s7-day average −0.084% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as 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−$670.671% of the position
Funding, last 7 days−0.015%−$1 on $10k
+Price spread, last 4 days (all we have)+0.174%+$17 · spread now +0.031%, 7d avg −0.084%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and MEXC is 0.116% dearer against BloFin than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.084%. The two prices were read 94 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 | 0.09545 | 0.0084 | pay 0.0084% / 8h | 5h 13m | $101K | $20K | 75x |
| Short | MEXC CELO_USDT | 0.09548 | 0.0100 | get 0.0100% / 8h | 5h 13m | $601K | $272K | 50x |
BloFin CELO-USDT
MEXC CELO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $3.46
- Price spread: +0.031% → −0.084%
- $11.58
- Slippage, 4 orders
- −$51.08
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$52.04
- Costs to cover
- 0.671%
- Break-even
- 112.4 days
Slippage from BloFin: live order book, 17 min ago; MEXC: live order book, 41 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, 17 min ago | 4.20 bp | 18.0 bp −$18 | 67.0 bp −$670 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 41 min ago | 5.29 bp | 10.4 bp −$10 | 54.3 bp −$543 | 258.4 bp −$25.8K | 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 | −0.1081% | 1h | 0.09560 | +0.160% | $19K | $8K | 10x | as long as short |
| Variational Omni CELO | +0.0019% | 8h | 0.09555 | +0.101% | $10K | $462 | — | as long as short |
| BloFin CELO-USDTlong | +0.0084% | 8h | 0.09545 | long leg | $101K | $20K | 75x | |
| Hyperliquid CELO | +0.0100% | 1h | 0.09548 | +0.026% | $207K | $219K | 3x | as long as short |
| Binance CELOUSDT | +0.0100% | 8h | 0.09560 | +0.157% | $2.0M | $4.0M | 50x | as long as short |
| Bybit CELOUSDT | +0.0100% | 8h | 0.09551 | +0.063% | $1.3M | $891K | 50x | as long as short |
| OKX CELO-USDT-SWAP | +0.0100% | 8h | 0.09549 | +0.042% | $494K | $952K | 20x | as long as short |
| Gate CELO_USDT | +0.0100% | 8h | 0.09560 | +0.157% | $136K | $80K | 50x | as long as short |
| MEXC CELO_USDTshort | +0.0100% | 8h | 0.09548 | +0.031% | $601K | $272K | 50x | |
| KuCoin CELOUSDTM | +0.0100% | 8h | 0.09550 | +0.052% | $331K | $273K | 50x | as long as short |
Kraken Futures PF_CELOUSD
Variational Omni CELO
Hyperliquid CELO
Binance CELOUSDT
Bybit CELOUSDT
OKX CELO-USDT-SWAP
Gate 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 | 0.09563 | +0.189% | $868K | $456K | 50x | as long as short |
| BingX CELO-USDT | +0.0100% | 8h | 0.09557 | +0.126% | — | $2.4M | — | as long as short |
| Injective CELO/USDC PERP | +0.5000% | 1h | 0.1012 | +6.024% | $763 | $732 | 5.5x | as long as short |
Bitget CELOUSDT
BingX CELO-USDT
Injective CELO/USDC PERP