CELO

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0928%/8h= −101.6% APRnext payment −$1.16 per $10,000 · paid last 24h +0.391%

Price spread now: Kraken Futures against Hyperliquid+0.301%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Hyperliquid Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

The price spread pays, funding is against you. Kraken Futures is 0.301% dearer against Hyperliquid than usual: you sell high and buy low (spread +0.301% now, against zero (this spread has no 7-day history yet)): +$30 on $10k if it goes back. Holding the pair costs −$28 a day in funding at the current rate, which eats that in about 26 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid CELO	0.09378	0.0100	pay 0.0013% / 1h	54m 16s	$194K	$209K	3x
Short	Kraken Futures PF_CELOUSD	0.09406	−0.0828	pay 0.0104% / 1h	54m 16s	$19K	$8K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Hyperliquid. 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

Position, each leg$Hold fordaysFee HyperliquidbpFee Kraken FuturesbpOrdersPrice spread, now +0.301%Rate

Funding earned: −$194.9
Price spread: +0.301% → 0.000%: $30.11
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$183.8
Costs to cover: 0.190%
Break-even: from the start

Slippage unknown: Hyperliquid: live order book, 55 min ago; Kraken Futures: no order-book sample. Net counts fees only.

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 Hyperliquid live order book, 55 min ago	1.62 bp	32.4 bp −$32	doesn't fit	doesn't fit	doesn't fit
Sell Kraken Futures no order-book sample	—	—	—	—	—

Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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_CELOUSDshort	−0.0828%	1h	0.09406	+0.301%	$19K	$8K	10x
Variational Omni CELO	−0.0011%	8h	0.09379	+0.010%	$10K	$906	—	as long as short
Hyperliquid CELOlong	+0.0100%	1h	0.09378	long leg	$194K	$209K	3x
Binance CELOUSDT	+0.0100%	8h	0.09386	+0.095%	$1.9M	$4.1M	50x	as long as short
Bybit CELOUSDT	+0.0100%	8h	0.09372	−0.060%	$1.3M	$904K	50x	as long as short
OKX CELO-USDT-SWAP	+0.0100%	8h	0.09363	−0.156%	$484K	$1.0M	20x	as long as short
Gate CELO_USDT	+0.0100%	8h	0.09400	+0.239%	$99K	$41K	50x	as long as short
MEXC CELO_USDT	+0.0100%	8h	0.09366	−0.124%	$606K	$266K	50x	as long as short
KuCoin CELOUSDTM	+0.0100%	8h	0.09370	−0.081%	$326K	$273K	50x	as long as short
Bitget CELOUSDT	+0.0100%	8h	0.09385	+0.079%	$853K	$456K	50x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX CELO-USDT	+0.0100%	8h	0.09376	−0.017%	—	$2.4M	—	as long as short
BloFin CELO-USDT	+0.0128%	8h	0.09384	+0.068%	$101K	$20K	75x	as long as short
Injective CELO/USDC PERP	+0.5000%	1h	0.1001	+6.744%	$755	$499	5.5x	as long as short