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

CELO

all CELO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit+0.130%7-day average +0.099% · you sell dearer than you buy
Net, funding: paid 7d − costs−$224as in the Funding arb table
Net, price: spread back to 7d avg − costs−$226as in the Price arb table
costs, in and out, $10k−$2292.292% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.049%+$5 on $10k
Price spread, last 7 days−0.058%−$6 · spread now +0.130%, 7d avg +0.099%
Together, before fees−0.009%−$1 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.031% dearer against Bybit than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.099%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit CELOUSDT0.092510.0100pay 0.0100% / 8h1h 55m$1.3M$830K50x
ShortBinance CELOUSDT0.092630.0100get 0.0100% / 8h1h 55m$1.9M$3.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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
$0
Price spread: +0.130% → +0.099%
$3.09
Slippage, 4 orders
−$208.17
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$226.09
Costs to cover
2.292%
Break-even
never at this rate
Slippage from Bybit: live order book, 5 min ago; Binance: live order book, 11 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 Bybit live order book, 5 min ago6.50 bp96.5 bp −$96322.3 bp −$3,223doesn't fitdoesn't fit
Sell Binance live order book, 11 min ago3.25 bp30.0 bp −$3098.4 bp −$984doesn'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−0.0199%1h0.09272+0.228%$18K$8K10xas long as short
Injective CELO/USDC PERP+0.0033%1h0.09930+7.340%$749$1785.5xas long as short
BloFin CELO-USDT+0.0077%8h0.09243−0.086%$100K$19K75xas long as short
Variational Omni CELO+0.0097%8h0.09240−0.122%$10K$1Kas long as short
Hyperliquid CELO+0.0100%1h0.09267+0.172%$200K$194K3xas long as short
Binance CELOUSDTshort+0.0100%8h0.09263+0.130%$1.9M$3.6M50x
Bybit CELOUSDTlong+0.0100%8h0.09251long leg$1.3M$830K50x
OKX CELO-USDT-SWAP+0.0100%8h0.09252+0.011%$482K$986K20xas long as short
Gate CELO_USDT+0.0100%8h0.09252+0.011%$100K$39K50xas long as short
MEXC CELO_USDT+0.0100%8h0.09249−0.022%$640K$257K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin CELOUSDTM+0.0100%8h0.09260+0.097%$329K$267K50xas long as short
Bitget CELOUSDT+0.0100%8h0.09262+0.119%$851K$391K50xas long as short
BingX CELO-USDT+0.0100%8h0.09259+0.086%$2.4Mas long as short