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

CELO

all CELO markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0062%/8h= +6.8% APRpaid last 24h −0.377%
Price spread now: BloFin against Kraken Futures−0.116%117s7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. BloFin is 0.116% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.116% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 6.3 days of funding at the current rate (+$2 a day). The two prices were read 117 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_CELOUSD0.092610.0063pay 0.0008% / 1h11m 16s$17K$6K10x
ShortBloFin CELO-USDT0.092500.0124get 0.0124% / 8h4h 11m$96K$16K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$12.95
Price spread: −0.116% → 0.000%
−$11.57
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$20.62
Costs to cover
0.220%
Break-even
18.1 days
Slippage unknown: Kraken Futures: no order-book sample; BloFin: 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 Kraken Futures no order-book sample
Sell BloFin no order-book sample
Kraken Futures and BloFin: 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective CELO/USDC PERP+0.0033%1h0.09910+7.011%$747$1K5.5xas long as short
Kraken Futures PF_CELOUSDlong+0.0063%1h0.09261long leg$17K$6K10x
Hyperliquid CELO+0.0100%1h0.09249−0.130%$200K$151K3xas long as short
Binance CELOUSDT+0.0100%8h0.09249−0.125%$1.9M$2.6M50xas long as short
Bybit CELOUSDT+0.0100%8h0.09240−0.224%$1.2M$626K50xas long as short
OKX CELO-USDT-SWAP+0.0100%8h0.09239−0.235%$491K$589K20xas long as short
Gate CELO_USDT+0.0100%8h0.09259−0.019%$133K$62K50xas long as short
MEXC CELO_USDT+0.0100%8h0.09241−0.213%$511K$238K50xas long as short
KuCoin CELOUSDTM+0.0100%8h0.09240−0.224%$314K$156K50xas long as short
Bitget CELOUSDT+0.0100%8h0.09251−0.105%$849K$419K50xas long as short
Show all 13 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX CELO-USDT+0.0100%8h0.09251−0.105%$2.4Mas long as short
Variational Omni CELO+0.0100%8h0.09243−0.193%$10K$24as long as short
BloFin CELO-USDTshort+0.0124%8h0.09250−0.116%$96K$16K75x