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: OKX against Bybit+0.032%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$237as in the Funding arb table
Net, price: spread back to 7d avg − costs−$240as in the Price arb table
costs, in and out, $10k−$2422.416% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.043%+$4 on $10k
Price spread, last 7 days+0.009%+$1 · spread now +0.032%, 7d avg +0.011%
Together, before fees+0.053%+$5 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: OKX is 0.021% dearer against Bybit than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit CELOUSDT0.094750.0100pay 0.0100% / 8h4h 27m$1.3M$904K50x
ShortOKX CELO-USDT-SWAP0.094780.0100get 0.0100% / 8h4h 27m$489K$921K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: +0.032% → +0.011%
$2.08
Slippage, 4 orders
−$220.61
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee OKX: 5 bp × 2 orders
−$10
Net
−$239.53
Costs to cover
2.416%
Break-even
never at this rate
Slippage from Bybit: live order book, 3 min ago; OKX: live order book, 49 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, 3 min ago3.68 bp77.6 bp −$78182.7 bp −$1,827doesn't fitdoesn't fit
Sell OKX live order book, 49 min ago5.76 bp46.5 bp −$46doesn't fitdoesn'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−0.1410%1h0.09494+0.200%$19K$8K10xas long as short
Variational Omni CELO−0.0007%8h0.09495+0.209%$10K$462as long as short
Hyperliquid CELO+0.0100%1h0.09482+0.072%$206K$220K3xas long as short
Binance CELOUSDT+0.0100%8h0.09489+0.149%$1.9M$3.9M50xas long as short
Bybit CELOUSDTlong+0.0100%8h0.09475long leg$1.3M$904K50x
OKX CELO-USDT-SWAPshort+0.0100%8h0.09478+0.032%$489K$921K20x
Gate CELO_USDT+0.0100%8h0.09500+0.264%$136K$79K50xas long as short
MEXC CELO_USDT+0.0100%8h0.09479+0.042%$597K$266K50xas long as short
KuCoin CELOUSDTM+0.0100%8h0.09480+0.053%$328K$272K50xas long as short
Bitget CELOUSDT+0.0100%8h0.09477+0.021%$859K$442K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX CELO-USDT+0.0100%8h0.09491+0.169%$2.4Mas long as short
BloFin CELO-USDT+0.0115%8h0.09512+0.391%$101K$20K75xas long as short
Injective CELO/USDC PERP+0.5000%1h0.1008+6.385%$760$8735.5xas long as short