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: Bitget against Bybit+0.063%7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$277as in the Funding arb table
Net, price: spread back to 7d avg − costs−$283as in the Price arb table
costs, in and out, $10k−$2842.843% 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 4 days (all we have)+0.032%+$3 · spread now +0.063%, 7d avg +0.054%
Together, before fees+0.110%+$11 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit CELOUSDT0.095560.0100pay 0.0100% / 8h7h 44m$1.3M$899K50x
ShortBitget CELOUSDT0.095620.0100get 0.0100% / 8h7h 44m$891K$429K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: +0.063% → +0.054%
$0.91
Slippage, 4 orders
−$261.26
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$283.35
Costs to cover
2.843%
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; Bitget: live order book, 26 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, 1 min ago6.28 bp97.6 bp −$98157.1 bp −$1,571doesn't fitdoesn't fit
Sell Bitget live order book, 26 min ago5.28 bp51.6 bp −$52174.6 bp −$1,746doesn'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%1h0.09578+0.227%$19K$8K10xas long as short
Variational Omni CELO+0.0013%8h0.09523−0.350%$10K$1Kas long as short
BloFin CELO-USDT+0.0094%8h0.09564+0.084%$102K$20K75xas long as short
Hyperliquid CELO+0.0100%1h0.09573+0.176%$208K$196K3xas long as short
Binance CELOUSDT+0.0100%8h0.09564+0.088%$2.0M$4.0M50xas long as short
Bybit CELOUSDTlong+0.0100%8h0.09556long leg$1.3M$899K50x
OKX CELO-USDT-SWAP+0.0100%8h0.09564+0.084%$494K$1.0M20xas long as short
Gate CELO_USDT+0.0100%8h0.09552−0.042%$101K$42K50xas long as short
MEXC CELO_USDT+0.0100%8h0.09552−0.042%$630K$267K50xas long as short
KuCoin CELOUSDTM+0.0100%8h0.09560+0.042%$333K$274K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CELOUSDTshort+0.0100%8h0.09562+0.063%$891K$429K50x
BingX CELO-USDT+0.0100%8h0.09561+0.052%$2.4Mas long as short
Injective CELO/USDC PERP+0.5000%1h0.1014+6.111%$765$3805.5xas long as short