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Funding arb · Price arb /

CELO

all CELO markets
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Alert: funding
Measured
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Alert: spread
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 02:00 UTC−0.0924%/8h= −101.1% APRpaid last 24h +0.382%
Price spread now: Kraken Futures against Bybit+0.120%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on BybitShort on Kraken Futures
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)—no history yet
Price spread, last 7 days—no price history on both exchanges yet
Together, before fees—needs both histories
The price spread pays, funding is against you. Kraken Futures is 0.120% dearer against Bybit than usual: you sell high and buy low (spread +0.120% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$28 a day in funding at the current rate, which eats that in about 10 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit CELOUSDT0.094470.0100pay 0.0100% / 8h6h 48m$1.3M$911K50x
ShortKraken Futures PF_CELOUSD0.09458−0.0824pay 0.0103% / 1h48m 48s$19K$8K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
−$193.94
Price spread: +0.120% → 0.000%
$11.95
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$202.98
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 2 min ago; Kraken Futures: no order-book sample. Net counts fees only.

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 ago6.88 bp127.1 bp −$127221.3 bp −$2,213doesn't fitdoesn't fit
Sell Kraken Futures no order-book sample—————
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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_CELOUSDshort−0.0824%1h0.09458+0.120%$19K$8K10x
Variational Omni CELO−0.0001%8h0.09411−0.381%$10K$906—as long as short
BloFin CELO-USDT+0.0084%8h0.09451+0.042%$101K$20K75xas long as short
Hyperliquid CELO+0.0100%1h0.09444−0.032%$195K$210K3xas long as short
Binance CELOUSDT+0.0100%8h0.09465+0.194%$1.9M$4.1M50xas long as short
Bybit CELOUSDTlong+0.0100%8h0.09447long leg$1.3M$911K50x
OKX CELO-USDT-SWAP+0.0100%8h0.09443−0.042%$489K$1.0M20xas long as short
Gate CELO_USDT+0.0100%8h0.09449+0.021%$100K$41K50xas long as short
MEXC CELO_USDT+0.0100%8h0.09443−0.042%$612K$266K50xas long as short
KuCoin CELOUSDTM+0.0100%8h0.09440−0.074%$329K$273K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CELOUSDT+0.0100%8h0.09450+0.032%$858K$461K50xas long as short
BingX CELO-USDT+0.0100%8h0.09465+0.191%—$2.4M—as long as short
Injective CELO/USDC PERP+0.5000%1h0.1001+5.960%$755$5115.5xas long as short