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 02:00 UTC+0.5824%/8h= +637.7% APRnext payment +$7.28 per $10,000 · paid last 24h +0.032%
Price spread now: Injective against Kraken Futures+5.692%63s7-day average · you sell dearer than you buy
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
Both sides work for this trade now. Funding pays +$175 a day on $10k at the current rate, and Injective is 5.692% dearer against Kraken Futures than usual: you sell high and buy low: +$569 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_CELOUSD0.09452−0.0824get 0.0103% / 1h50m 17s$19K$8K10x
ShortInjective CELO/USDC PERP0.099900.5000get 0.0625% / 1h50m 17s$753$5015.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$1,223.05
Price spread: +5.692% → 0.000%
$569.24
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$1,782.27
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Kraken Futures: no order-book sample; Injective: 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 Injective no order-book sample
Kraken Futures and 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 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_CELOUSDlong−0.0824%1h0.09452long leg$19K$8K10x
Variational Omni CELO−0.0001%8h0.09411−0.433%$10K$906as long as short
BloFin CELO-USDT+0.0080%8h0.09389−0.666%$101K$20K75xas long as short
Hyperliquid CELO+0.0100%1h0.09453+0.007%$195K$210K3xas long as short
Binance CELOUSDT+0.0100%8h0.09463+0.118%$1.9M$4.1M50xas long as short
Bybit CELOUSDT+0.0100%8h0.09460+0.085%$1.3M$912K50xas long as short
OKX CELO-USDT-SWAP+0.0100%8h0.09441−0.116%$488K$1.0M20xas long as short
Gate CELO_USDT+0.0100%8h0.09470+0.191%$100K$41K50xas long as short
MEXC CELO_USDT+0.0100%8h0.09453+0.011%$612K$266K50xas long as short
KuCoin CELOUSDTM+0.0100%8h0.09460+0.085%$329K$273K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CELOUSDT+0.0100%8h0.09420−0.338%$858K$460K50xas long as short
BingX CELO-USDT+0.0100%8h0.09466+0.149%$2.4Mas long as short
Injective CELO/USDC PERPshort+0.5000%1h0.09990+5.692%$753$5015.5x