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: Binance against Gate−0.096%7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$384as in the Funding arb table
Net, price: spread back to 7d avg − costs−$392as in the Price arb table
costs, in and out, $10k−$3813.807% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.028%−$3 on $10k
Price spread, last 4 days (all we have)+0.083%+$8 · spread now −0.096%, 7d avg +0.015%
Together, before fees+0.055%+$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: Binance is 0.111% cheaper against Gate than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.015%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate CELO_USDT0.092630.0100pay 0.0100% / 8h24m 26s$133K$73K50x
ShortBinance CELOUSDT0.092540.0100get 0.0100% / 8h24m 26s$1.9M$3.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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: −0.096% → +0.015%
−$11.12
Slippage, 4 orders
−$355.69
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Binance: 5 bp × 2 orders
−$10
Net
−$391.81
Costs to cover
3.807%
Break-even
never at this rate
Slippage from Gate: live order book, 53 min ago; Binance: live order book, 11 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 Gate live order book, 53 min ago9.13 bp142.0 bp −$142doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 11 min ago4.31 bp26.9 bp −$2797.7 bp −$977doesn'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
Hyperliquid CELO+0.0100%1h0.09252−0.120%$205K$190K3xas long as short
Binance CELOUSDTshort+0.0100%8h0.09254−0.096%$1.9M$3.1M50x
Bybit CELOUSDT+0.0100%8h0.09246−0.184%$1.3M$787K50xas long as short
OKX CELO-USDT-SWAP+0.0100%8h0.09249−0.151%$488K$691K20xas long as short
Gate CELO_USDTlong+0.0100%8h0.09263long leg$133K$73K50x
MEXC CELO_USDT+0.0100%8h0.09251−0.130%$558K$244K50xas long as short
KuCoin CELOUSDTM+0.0100%8h0.09270+0.076%$317K$263K50xas long as short
Bitget CELOUSDT+0.0100%8h0.09255−0.086%$841K$420K50xas long as short
BingX CELO-USDT+0.0100%8h0.09259−0.043%$2.4Mas long as short
Variational Omni CELO+0.0100%8h0.09243−0.218%$10K$62as long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin CELO-USDT+0.0124%8h0.09258−0.054%$98K$19K75xas long as short
Kraken Futures PF_CELOUSD+0.0329%1h0.09263+0.005%$18K$8K10xas long as short
Injective CELO/USDC PERP+0.5000%1h0.09890+6.769%$746$1K5.5xas long as short