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

CELO

all CELO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Bybit+0.043%7-day average +0.102% · you sell dearer than you buy
Net, funding: paid 7d − costs−$316as in the Funding arb table
Net, price: spread back to 7d avg − costs−$329as in the Price arb table
costs, in and out, $10k−$3233.235% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.077%+$8 on $10k
Price spread, last 7 days+0.037%+$4 · spread now +0.043%, 7d avg +0.102%
Together, before fees+0.115%+$11 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: BingX is 0.060% cheaper against Bybit than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.102%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit CELOUSDT0.093860.0100pay 0.0100% / 8h6h 54m$1.3M$905K50x
ShortBingX CELO-USDT0.093900.0100get 0.0100% / 8h6h 54m$2.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: +0.043% → +0.102%
−$5.99
Slippage, 4 orders
−$302.5
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BingX: 5 bp × 2 orders
−$10
Net
−$329.48
Costs to cover
3.235%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; BingX: live order book, 9 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, 2 min ago6.95 bp138.9 bp −$139299.9 bp −$2,999doesn't fitdoesn't fit
Sell BingX live order book, 9 min ago2.63 bp25.4 bp −$2565.8 bp −$658834.9 bp −$83.5K1233.8 bp −$616.9K

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−0.0828%1h0.09406+0.211%$19K$8K10xas long as short
Variational Omni CELO−0.0011%8h0.09379−0.079%$10K$906as long as short
Hyperliquid CELO+0.0100%1h0.09389+0.029%$194K$210K3xas long as short
Binance CELOUSDT+0.0100%8h0.09396+0.107%$1.9M$4.1M50xas long as short
Bybit CELOUSDTlong+0.0100%8h0.09386long leg$1.3M$905K50x
OKX CELO-USDT-SWAP+0.0100%8h0.09385−0.011%$484K$1.0M20xas long as short
Gate CELO_USDT+0.0100%8h0.09400+0.149%$99K$41K50xas long as short
MEXC CELO_USDT+0.0100%8h0.09380−0.064%$607K$266K50xas long as short
KuCoin CELOUSDTM+0.0100%8h0.09370−0.170%$326K$273K50xas long as short
Bitget CELOUSDT+0.0100%8h0.09384−0.021%$853K$456K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX CELO-USDTshort+0.0100%8h0.09390+0.043%$2.4M
BloFin CELO-USDT+0.0128%8h0.09384−0.021%$101K$20K75xas long as short
Injective CELO/USDC PERP+0.5000%1h0.1001+6.648%$755$4995.5xas long as short