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: MEXC against Gate−0.085%7-day average −0.084% · you buy dearer than you sell
Net, funding: paid 7d − costs−$323as in the Funding arb table
Net, price: spread back to 7d avg − costs−$319as in the Price arb table
costs, in and out, $10k−$3193.193% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.033%−$3 on $10k
Price spread, last 4 days (all we have)+0.072%+$7 · spread now −0.085%, 7d avg −0.084%
Together, before fees+0.039%+$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate CELO_USDT0.094600.0100pay 0.0100% / 8h6h 08m$99K$43K50x
ShortMEXC CELO_USDT0.094520.0100get 0.0100% / 8h6h 08m$596K$273K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: −0.085% → −0.084%
−$0.02
Slippage, 4 orders
−$300.31
Fee Gate: 7.5 bp × 2 orders
−$15
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$319.33
Costs to cover
3.193%
Break-even
never at this rate
Slippage from Gate: live order book, 52 min ago; MEXC: live order book, 52 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, 52 min ago7.95 bp193.7 bp −$194doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 52 min ago4.24 bp9.6 bp −$1065.6 bp −$656264.2 bp −$26.4Kdoesn't fit

CELO on 12 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−0.0823%1h0.09460+0.002%$19K$8K10xas long as short
Variational Omni CELO+0.0013%8h0.09427−0.350%$10K$906as long as short
Hyperliquid CELO+0.0100%1h0.09452−0.085%$205K$219K3xas long as short
Binance CELOUSDT+0.0100%8h0.09472+0.127%$1.9M$4.1M50xas long as short
Bybit CELOUSDT+0.0100%8h0.094600.000%$1.3M$922K50xas long as short
OKX CELO-USDT-SWAP+0.0100%8h0.09458−0.021%$490K$995K20xas long as short
Gate CELO_USDTlong+0.0100%8h0.09460long leg$99K$43K50x
MEXC CELO_USDTshort+0.0100%8h0.09452−0.085%$596K$273K50x
KuCoin CELOUSDTM+0.0100%8h0.09450−0.106%$327K$274K50xas long as short
Bitget CELOUSDT+0.0100%8h0.09463+0.032%$860K$472K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX CELO-USDT+0.0100%8h0.094600.000%$2.4Mas long as short
Injective CELO/USDC PERP+0.5000%1h0.1002+5.920%$756$6055.5xas long as short