Settings8H · net · $10k
Funding arb · Price arb /

CELO

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.4982%/8h= −545.5% APRpaid last 24h −0.483%
Price spread now: Variational Omni against Injective−5.507%76s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$149 a day on $10k at the current rate, and Variational Omni 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. The two prices were read 76 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective CELO/USDC PERP0.10120.5000pay 0.0625% / 1h17m 59s$763$7225.5x
ShortVariational Omni CELO0.095630.0018get 0.0018% / 8h5h 17m$10K$462

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Injective. 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
−$1,046.19
Price spread: −5.507% → 0.000%
−$550.66
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$1,596.87
Costs to cover
0.000%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; Variational Omni: 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
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell Variational Omni no order-book sample
Injective and Variational Omni: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_CELOUSD−0.1082%1h0.09556−5.569%$19K$8K10xas long as short
Variational Omni CELOshort+0.0018%8h0.09563−5.507%$10K$462
BloFin CELO-USDT+0.0078%8h0.09575−5.385%$101K$20K75xas long as short
Hyperliquid CELO+0.0100%1h0.09549−5.646%$206K$218K3xas long as short
Binance CELOUSDT+0.0100%8h0.09550−5.632%$2.0M$4.0M50xas long as short
Bybit CELOUSDT+0.0100%8h0.09542−5.711%$1.3M$892K50xas long as short
OKX CELO-USDT-SWAP+0.0100%8h0.09539−5.741%$493K$951K20xas long as short
Gate CELO_USDT+0.0100%8h0.09551−5.623%$136K$80K50xas long as short
MEXC CELO_USDT+0.0100%8h0.09541−5.721%$601K$272K50xas long as short
KuCoin CELOUSDTM+0.0100%8h0.09540−5.731%$330K$273K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CELOUSDT+0.0100%8h0.09549−5.642%$867K$456K50xas long as short
BingX CELO-USDT+0.0100%8h0.09554−5.593%$2.4Mas long as short
Injective CELO/USDC PERPlong+0.5000%1h0.1012long leg$763$7225.5x