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: Bybit against Gate−0.115%7-day average · you buy dearer than you sell
Net, funding: paid 7d − costs−$422as in the Funding arb table
Net, price: spread back to 7d avg − costs−$426as in the Price arb table
costs, in and out, $10k−$4144.143% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.077%−$8 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.115% cheaper against Gate than usual: you would sell low and buy high, −$12 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate CELO_USDT0.095460.0100pay 0.0100% / 8h5h 22m$136K$80K50x
ShortBybit CELOUSDT0.095350.0100get 0.0100% / 8h5h 22m$1.3M$899K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: −0.115% → 0.000%
−$11.52
Slippage, 4 orders
−$388.3
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$425.83
Costs to cover
4.143%
Break-even
never at this rate
Slippage from Gate: live order book, 14 min ago; Bybit: live order book, 3 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, 14 min ago9.47 bp91.1 bp −$91doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago4.73 bp92.1 bp −$92504.4 bp −$5,044doesn'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−0.1083%1h0.09543−0.027%$19K$8K10xas long as short
Variational Omni CELO+0.0013%8h0.09490−0.586%$10K$462as long as short
BloFin CELO-USDT+0.0079%8h0.09534−0.126%$101K$20K75xas long as short
Hyperliquid CELO+0.0100%1h0.09537−0.097%$206K$218K3xas long as short
Binance CELOUSDT+0.0100%8h0.09550+0.042%$2.0M$4.0M50xas long as short
Bybit CELOUSDTshort+0.0100%8h0.09535−0.115%$1.3M$899K50x
OKX CELO-USDT-SWAP+0.0100%8h0.09542−0.042%$493K$952K20xas long as short
Gate CELO_USDTlong+0.0100%8h0.09546long leg$136K$80K50x
MEXC CELO_USDT+0.0100%8h0.09534−0.126%$600K$271K50xas long as short
KuCoin CELOUSDTM+0.0100%8h0.09530−0.168%$330K$273K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CELOUSDT+0.0100%8h0.09544−0.021%$867K$456K50xas long as short
BingX CELO-USDT+0.0100%8h0.09550+0.042%$2.4Mas long as short
Injective CELO/USDC PERP+0.5000%1h0.1009+5.699%$761$7145.5xas long as short