Funding you earn now, next payment 04:00 UTC+0.1505%/8h= +164.8% APRpaid last 24h −0.355%
Price spread now: Bitget against Kraken Futures−0.337%48s7-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
Funding pays, the price is against you. Bitget is 0.337% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.337% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$34 on $10k: about 18 hours of funding at the current rate (+$45 a day). The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_CELOUSD | 0.09523 | −0.1405 | get 0.0176% / 1h | 28m 31s | $19K | $8K | 10x |
| Short | Bitget CELOUSDT | 0.09491 | 0.0100 | get 0.0100% / 8h | 4h 28m | $860K | $445K | 50x |
Kraken Futures PF_CELOUSD
Bitget CELOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Kraken Futures. 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
- $316.1
- Price spread: −0.337% → 0.000%
- −$33.7
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $260.4
- Costs to cover
- 0.220%
- Break-even
- 1.2 days
Slippage unknown: Kraken Futures: no order-book sample; Bitget: live order book, 27 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 27 min ago | 4.20 bp | 63.7 bp −$64 | 192.6 bp −$1,926 | doesn't fit | doesn't fit |
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_CELOUSDlong | −0.1405% | 1h | 0.09523 | long leg | $19K | $8K | 10x | |
| Variational Omni CELO | −0.0007% | 8h | 0.09495 | −0.297% | $10K | $462 | — | as long as short |
| Hyperliquid CELO | +0.0100% | 1h | 0.09495 | −0.298% | $206K | $220K | 3x | as long as short |
| Binance CELOUSDT | +0.0100% | 8h | 0.09500 | −0.238% | $1.9M | $3.9M | 50x | as long as short |
| Bybit CELOUSDT | +0.0100% | 8h | 0.09492 | −0.326% | $1.3M | $905K | 50x | as long as short |
| OKX CELO-USDT-SWAP | +0.0100% | 8h | 0.09488 | −0.369% | $489K | $927K | 20x | as long as short |
| Gate CELO_USDT | +0.0100% | 8h | 0.09510 | −0.137% | $136K | $79K | 50x | as long as short |
| MEXC CELO_USDT | +0.0100% | 8h | 0.09491 | −0.337% | $598K | $266K | 50x | as long as short |
| KuCoin CELOUSDTM | +0.0100% | 8h | 0.09490 | −0.347% | $329K | $272K | 50x | as long as short |
| Bitget CELOUSDTshort | +0.0100% | 8h | 0.09491 | −0.337% | $860K | $445K | 50x |
Variational Omni CELO
Hyperliquid CELO
Binance CELOUSDT
Bybit CELOUSDT
OKX CELO-USDT-SWAP
Gate CELO_USDT
MEXC CELO_USDT
KuCoin CELOUSDTMShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX CELO-USDT | +0.0100% | 8h | 0.09506 | −0.179% | — | $2.4M | — | as long as short |
| BloFin CELO-USDT | +0.0115% | 8h | 0.09512 | −0.116% | $101K | $20K | 75x | as long as short |
| Injective CELO/USDC PERP | +0.5000% | 1h | 0.1008 | +5.848% | $760 | $873 | 5.5x | as long as short |
BingX CELO-USDT
BloFin CELO-USDT
Injective CELO/USDC PERP