Funding you earn now, next payment 00:00 UTC+0.0013%/8h= +1.5% APRnext payment +$0.13 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against Bybit+0.217%7-day average +0.089% · you sell dearer than you buy
Net, funding: paid 7d − costs−$215as in the Funding arb table
Net, price: spread back to 7d avg − costs−$208as in the Price arb table
costs, in and out, $10k−$2212.210% of the position
Funding, last 7 days+0.056%+$6 on $10k
+Price spread, last 3 days (all we have)−0.222%−$22 · spread now +0.217%, 7d avg +0.089%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BloFin is 0.128% dearer against Bybit than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.089%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CELOUSDT | 0.09225 | 0.0100 | pay 0.0100% / 8h | 1h 11m | $1.3M | $819K | 50x |
| Short | BloFin CELO-USDT | 0.09245 | 0.0113 | get 0.0113% / 8h | 1h 11m | $99K | $19K | 75x |
Bybit CELOUSDT
BloFin CELO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bybit. 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
- $2.8
- Price spread: +0.217% → +0.089%
- $12.77
- Slippage, 4 orders
- −$198.02
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$205.45
- Costs to cover
- 2.210%
- Break-even
- 520.2 days
Slippage from Bybit: live order book, 5 min ago; BloFin: live order book, 56 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 Bybit live order book, 5 min ago | 4.88 bp | 102.8 bp −$103 | 339.6 bp −$3,396 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 56 min ago | 2.17 bp | 24.0 bp −$24 | 62.3 bp −$623 | doesn't fit | 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 | −0.0200% | 1h | 0.09248 | +0.251% | $18K | $8K | 10x | as long as short |
| Injective CELO/USDC PERP | +0.0033% | 1h | 0.09930 | +7.642% | $749 | $178 | 5.5x | as long as short |
| Variational Omni CELO | +0.0091% | 8h | 0.09227 | +0.025% | $10K | $1K | — | as long as short |
| Hyperliquid CELO | +0.0100% | 1h | 0.09246 | +0.225% | $199K | $193K | 3x | as long as short |
| Binance CELOUSDT | +0.0100% | 8h | 0.09239 | +0.152% | $1.9M | $3.6M | 50x | as long as short |
| Bybit CELOUSDTlong | +0.0100% | 8h | 0.09225 | long leg | $1.3M | $819K | 50x | |
| OKX CELO-USDT-SWAP | +0.0100% | 8h | 0.09237 | +0.130% | $480K | $981K | 20x | as long as short |
| Gate CELO_USDT | +0.0100% | 8h | 0.09250 | +0.271% | $100K | $40K | 50x | as long as short |
| MEXC CELO_USDT | +0.0100% | 8h | 0.09231 | +0.065% | $615K | $265K | 50x | as long as short |
| KuCoin CELOUSDTM | +0.0100% | 8h | 0.09240 | +0.163% | $322K | $268K | 50x | as long as short |
Kraken Futures PF_CELOUSD
Injective CELO/USDC PERP
Variational Omni CELO
Hyperliquid CELO
Binance CELOUSDT
OKX CELO-USDT-SWAP
Gate CELO_USDT
MEXC 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 | 0.09231 | +0.065% | $846K | $382K | 50x | as long as short |
| BingX CELO-USDT | +0.0100% | 8h | 0.09240 | +0.163% | — | $2.4M | — | as long as short |
| BloFin CELO-USDTshort | +0.0113% | 8h | 0.09245 | +0.217% | $99K | $19K | 75x |
Bitget CELOUSDT
BingX CELO-USDT