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

CELO

all CELO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bybit+0.086%7-day average +0.009% · 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−$314as in the Price arb table
costs, in and out, $10k−$3223.221% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.063%+$6 on $10k
Price spread, last 4 days (all we have)+0.042%+$4 · spread now +0.086%, 7d avg +0.009%
Together, before fees+0.105%+$10 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: MEXC is 0.078% dearer against Bybit than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.009%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit CELOUSDT0.092670.0100pay 0.0100% / 8h6h 21m$1.3M$669K50x
ShortMEXC CELO_USDT0.092750.0100get 0.0100% / 8h6h 21m$562K$231K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: +0.086% → +0.009%
$7.78
Slippage, 4 orders
−$307.14
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$314.36
Costs to cover
3.221%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; MEXC: live order book, 25 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 ago5.94 bp167.6 bp −$168516.9 bp −$5,169doesn't fitdoesn't fit
Sell MEXC live order book, 25 min ago3.78 bp8.8 bp −$951.8 bp −$518261.5 bp −$26.1Kdoesn't fit

CELO on 13 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid CELO+0.0100%1h0.09287+0.219%$203K$178K3xas long as short
Binance CELOUSDT+0.0100%8h0.09281+0.155%$1.9M$2.8M50xas long as short
Bybit CELOUSDTlong+0.0100%8h0.09267long leg$1.3M$669K50x
OKX CELO-USDT-SWAP+0.0100%8h0.09278+0.119%$489K$647K20xas long as short
Gate CELO_USDT+0.0100%8h0.09278+0.119%$133K$65K50xas long as short
MEXC CELO_USDTshort+0.0100%8h0.09275+0.086%$562K$231K50x
KuCoin CELOUSDTM+0.0100%8h0.09280+0.140%$318K$260K50xas long as short
Bitget CELOUSDT+0.0100%8h0.09283+0.173%$864K$440K50xas long as short
BingX CELO-USDT+0.0100%8h0.09276+0.097%$2.4Mas long as short
Variational Omni CELO+0.0100%8h0.09258−0.096%$10K$24as long as short
Show all 13 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin CELO-USDT+0.0117%8h0.09271+0.043%$97K$18K75xas long as short
Kraken Futures PF_CELOUSD+0.0843%1h0.09286+0.210%$17K$6K10xas long as short
Injective CELO/USDC PERP+0.5000%1h0.09910+6.939%$747$1K5.5xas long as short