Funding you earn now, next payment 02:00 UTC−0.5825%/8h= −637.9% APRnext payment −$7.28 per $10,000 · paid last 24h −0.032%
Price spread now: Kraken Futures against Injective−5.507%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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—needs both histories
Both sides work against this trade now: funding costs −$175 a day on $10k at the current rate, and Kraken Futures is 5.507% cheaper against Injective than usual: you would sell low and buy high (−$551 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective CELO/USDC PERP | 0.09990 | 0.5000 | pay 0.0625% / 1h | 50m 36s | $753 | $501 | 5.5x |
| Short | Kraken Futures PF_CELOUSD | 0.09440 | −0.0825 | pay 0.0103% / 1h | 50m 36s | $19K | $8K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Injective. 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
- −$1,223.28
- Price spread: −5.507% → 0.000%
- −$550.67
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$1,783.97
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; 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 Injective no order-book sample | — | — | — | — | — |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Injective and 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 | −0.0825% | 1h | 0.09440 | −5.507% | $19K | $8K | 10x | |
| Variational Omni CELO | −0.0001% | 8h | 0.09411 | −5.795% | $10K | $906 | — | as long as short |
| BloFin CELO-USDT | +0.0080% | 8h | 0.09389 | −6.016% | $101K | $20K | 75x | as long as short |
| Hyperliquid CELO | +0.0100% | 1h | 0.09453 | −5.379% | $195K | $210K | 3x | as long as short |
| Binance CELOUSDT | +0.0100% | 8h | 0.09464 | −5.263% | $1.9M | $4.1M | 50x | as long as short |
| Bybit CELOUSDT | +0.0100% | 8h | 0.09462 | −5.285% | $1.3M | $911K | 50x | as long as short |
| OKX CELO-USDT-SWAP | +0.0100% | 8h | 0.09441 | −5.495% | $488K | $1.0M | 20x | as long as short |
| Gate CELO_USDT | +0.0100% | 8h | 0.09470 | −5.205% | $100K | $41K | 50x | as long as short |
| MEXC CELO_USDT | +0.0100% | 8h | 0.09455 | −5.355% | $612K | $266K | 50x | as long as short |
| KuCoin CELOUSDTM | +0.0100% | 8h | 0.09420 | −5.706% | $328K | $273K | 50x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CELOUSDT | +0.0100% | 8h | 0.09460 | −5.305% | $862K | $456K | 50x | as long as short |
| BingX CELO-USDT | +0.0100% | 8h | 0.09466 | −5.245% | — | $2.4M | — | as long as short |
| Injective CELO/USDC PERPlong | +0.5000% | 1h | 0.09990 | long leg | $753 | $501 | 5.5x |
Injective CELO/USDC PERP
Kraken Futures PF_CELOUSD
Variational Omni CELO
BloFin CELO-USDT
Hyperliquid CELO
Binance CELOUSDT
Bybit CELOUSDT
OKX CELO-USDT-SWAP
Gate CELO_USDT
MEXC CELO_USDT
KuCoin CELOUSDTM
Bitget CELOUSDT
BingX CELO-USDT