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: Gate against Bybit+0.106%7-day average +0.091% · you sell dearer than you buy
Net, funding: paid 7d − costs−$494as in the Funding arb table
Net, price: spread back to 7d avg − costs−$500as in the Price arb table
costs, in and out, $10k−$5015.014% 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)+0.004%$0 · spread now +0.106%, 7d avg +0.091%
Together, before fees+0.081%+$8 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit CELOUSDT0.094200.0100pay 0.0100% / 8h6h 09m$1.3M$919K50x
ShortGate CELO_USDT0.094300.0100get 0.0100% / 8h6h 09m$99K$43K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: +0.106% → +0.091%
$1.52
Slippage, 4 orders
−$475.44
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$499.93
Costs to cover
5.014%
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; Gate: live order book, 50 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 ago4.78 bp108.5 bp −$109245.1 bp −$2,451doesn't fitdoesn't fit
Sell Gate live order book, 50 min ago7.95 bp106.6 bp −$107doesn't fitdoesn't fitdoesn't fit

CELO on 12 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−0.0826%1h0.09433+0.138%$19K$8K10xas long as short
Variational Omni CELO+0.0013%8h0.09427+0.073%$10K$906as long as short
Hyperliquid CELO+0.0100%1h0.09413−0.071%$201K$217K3xas long as short
Binance CELOUSDT+0.0100%8h0.09418−0.023%$1.9M$4.1M50xas long as short
Bybit CELOUSDTlong+0.0100%8h0.09420long leg$1.3M$919K50x
OKX CELO-USDT-SWAP+0.0100%8h0.09413−0.074%$489K$996K20xas long as short
Gate CELO_USDTshort+0.0100%8h0.09430+0.106%$99K$43K50x
MEXC CELO_USDT+0.0100%8h0.09412−0.085%$593K$273K50xas long as short
KuCoin CELOUSDTM+0.0100%8h0.09430+0.106%$327K$274K50xas long as short
Bitget CELOUSDT+0.0100%8h0.09423+0.032%$855K$479K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX CELO-USDT+0.0100%8h0.09421+0.011%$2.4Mas long as short
Injective CELO/USDC PERP+0.5000%1h0.1002+6.369%$756$6055.5xas long as short