Funding you earn now, next payment 02:00 UTC−0.4900%/8h= −536.5% APRpaid last 24h −0.413%
Price spread now: OKX against Injective−5.484%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.485%−$49 on $10k
+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 −$147 a day on $10k at the current rate, and OKX is 5.484% cheaper against Injective than usual: you would sell low and buy high (−$548 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.485% in total (about -25.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective CELO/USDC PERP | 0.1003 | 0.5000 | pay 0.0625% / 1h | 5m 06s | $756 | $611 | 5.5x |
| Short | OKX CELO-USDT-SWAP | 0.09480 | 0.0100 | get 0.0100% / 8h | 6h 05m | $492K | $996K | 20x |
Injective CELO/USDC PERP
OKX CELO-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$1,029
- Price spread: −5.484% → 0.000%
- −$548.35
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$1,587.37
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; OKX: live order book, 1 min ago. 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 OKX live order book, 1 min ago | 4.76 bp | 43.8 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
Injective: 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 12 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 | −0.0819% | 1h | 0.09507 | −5.214% | $19K | $8K | 10x | as long as short |
| Variational Omni CELO | +0.0009% | 8h | 0.09472 | −5.560% | $10K | $462 | — | as long as short |
| Hyperliquid CELO | +0.0100% | 1h | 0.09487 | −5.412% | $205K | $219K | 3x | as long as short |
| Binance CELOUSDT | +0.0100% | 8h | 0.09496 | −5.324% | $1.9M | $4.1M | 50x | as long as short |
| Bybit CELOUSDT | +0.0100% | 8h | 0.09481 | −5.474% | $1.3M | $901K | 50x | as long as short |
| OKX CELO-USDT-SWAPshort | +0.0100% | 8h | 0.09480 | −5.484% | $492K | $996K | 20x | |
| Gate CELO_USDT | +0.0100% | 8h | 0.09486 | −5.424% | $100K | $43K | 50x | as long as short |
| MEXC CELO_USDT | +0.0100% | 8h | 0.09484 | −5.444% | $598K | $273K | 50x | as long as short |
| KuCoin CELOUSDTM | +0.0100% | 8h | 0.09480 | −5.484% | $328K | $274K | 50x | as long as short |
| Bitget CELOUSDT | +0.0100% | 8h | 0.09481 | −5.474% | $861K | $472K | 50x | as long as short |
Kraken Futures PF_CELOUSD
Variational Omni CELO
Hyperliquid CELO
Binance CELOUSDT
Bybit CELOUSDT
Gate CELO_USDT
MEXC CELO_USDT
KuCoin CELOUSDTM
Bitget CELOUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX CELO-USDT | +0.0100% | 8h | 0.09493 | −5.354% | — | $2.4M | — | as long as short |
| Injective CELO/USDC PERPlong | +0.5000% | 1h | 0.1003 | long leg | $756 | $611 | 5.5x |
BingX CELO-USDT