Funding you earn now, next payment 00:00 UTC+0.0025%/8h= +2.8% APRnext payment +$0.25 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against Gate−0.063%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$352as in the Funding arb table
Net, price: spread back to 7d avg − costs−$356as in the Price arb table
costs, in and out, $10k−$3503.497% of the position
Funding, last 7 days−0.022%−$2 on $10k
+Price spread, last 3 days (all we have)−0.079%−$8 · spread now −0.063%, 7d avg 0.000%
=Funding pays, the price is against you. BloFin is 0.063% cheaper against Gate than usual: you would sell low and buy high (spread −0.063% now, against its 7-day average of 0.000%). If the spread goes back, that is −$6 on $10k: about 8.4 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CELO_USDT | 0.09500 | 0.0100 | pay 0.0100% / 8h | 33m 18s | $103K | $40K | 50x |
| Short | BloFin CELO-USDT | 0.09494 | 0.0125 | get 0.0125% / 8h | 33m 18s | $101K | $20K | 75x |
Gate CELO_USDT
BloFin CELO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $5.28
- Price spread: −0.063% → 0.000%
- −$6.33
- Slippage, 4 orders
- −$322.65
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$350.69
- Costs to cover
- 3.497%
- Break-even
- 471.7 days
Slippage from Gate: live order book, 37 min ago; BloFin: live order book, 4 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 37 min ago | 12.44 bp | 183.4 bp −$183 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 4 min ago | 6.35 bp | 28.3 bp −$28 | 85.2 bp −$852 | doesn't fit | doesn't fit |
CELO on 13 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_CELOUSD | −0.0137% | 1h | 0.09497 | −0.034% | $19K | $8K | 10x | as long as short |
| Injective CELO/USDC PERP | +0.0033% | 1h | 0.1003 | +5.579% | $756 | $247 | 5.5x | as long as short |
| Variational Omni CELO | +0.0069% | 8h | 0.09443 | −0.601% | $10K | $1K | — | as long as short |
| Hyperliquid CELO | +0.0100% | 1h | 0.09481 | −0.203% | $205K | $193K | 3x | as long as short |
| Binance CELOUSDT | +0.0100% | 8h | 0.09492 | −0.082% | $2.0M | $3.7M | 50x | as long as short |
| Bybit CELOUSDT | +0.0100% | 8h | 0.09474 | −0.274% | $1.3M | $847K | 50x | as long as short |
| OKX CELO-USDT-SWAP | +0.0100% | 8h | 0.09480 | −0.211% | $494K | $1.0M | 20x | as long as short |
| Gate CELO_USDTlong | +0.0100% | 8h | 0.09500 | long leg | $103K | $40K | 50x | |
| MEXC CELO_USDT | +0.0100% | 8h | 0.09484 | −0.168% | $630K | $263K | 50x | as long as short |
| KuCoin CELOUSDTM | +0.0100% | 8h | 0.09470 | −0.316% | $331K | $269K | 50x | as long as short |
Kraken Futures PF_CELOUSD
Injective CELO/USDC PERP
Variational Omni CELO
Hyperliquid CELO
Binance CELOUSDT
Bybit CELOUSDT
OKX CELO-USDT-SWAP
MEXC CELO_USDT
KuCoin CELOUSDTMShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CELOUSDT | +0.0100% | 8h | 0.09484 | −0.168% | $874K | $396K | 50x | as long as short |
| BingX CELO-USDT | +0.0100% | 8h | 0.09485 | −0.158% | — | $2.4M | — | as long as short |
| BloFin CELO-USDTshort | +0.0125% | 8h | 0.09494 | −0.063% | $101K | $20K | 75x |
Bitget CELOUSDT
BingX CELO-USDT