Funding you earn now, next payment 10:00 UTC−0.0743%/8h= −81.3% APRpaid last 24h −0.347%
Price spread now: MEXC against Kraken Futures−0.177%7-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
Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and MEXC is 0.177% cheaper against Kraken Futures than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_CELOUSD | 0.09286 | 0.0843 | pay 0.0105% / 1h | 21m 03s | $17K | $6K | 10x |
| Short | MEXC CELO_USDT | 0.09270 | 0.0100 | get 0.0100% / 8h | 6h 21m | $562K | $231K | 50x |
Kraken Futures PF_CELOUSD
MEXC CELO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$155.93
- Price spread: −0.177% → 0.000%
- −$17.71
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$187.63
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; MEXC: live order book, 25 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 MEXC live order book, 25 min ago | 3.78 bp | 8.8 bp −$9 | 51.8 bp −$518 | 261.5 bp −$26.1K | 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid CELO | +0.0100% | 1h | 0.09282 | −0.047% | $203K | $178K | 3x | as long as short |
| Binance CELOUSDT | +0.0100% | 8h | 0.09280 | −0.071% | $1.9M | $2.8M | 50x | as long as short |
| Bybit CELOUSDT | +0.0100% | 8h | 0.09267 | −0.209% | $1.3M | $669K | 50x | as long as short |
| OKX CELO-USDT-SWAP | +0.0100% | 8h | 0.09278 | −0.091% | $489K | $647K | 20x | as long as short |
| Gate CELO_USDT | +0.0100% | 8h | 0.09278 | −0.091% | $133K | $65K | 50x | as long as short |
| MEXC CELO_USDTshort | +0.0100% | 8h | 0.09270 | −0.177% | $562K | $231K | 50x | |
| KuCoin CELOUSDTM | +0.0100% | 8h | 0.09280 | −0.069% | $318K | $260K | 50x | as long as short |
| Bitget CELOUSDT | +0.0100% | 8h | 0.09282 | −0.048% | $864K | $440K | 50x | as long as short |
| BingX CELO-USDT | +0.0100% | 8h | 0.09275 | −0.123% | — | $2.4M | — | as long as short |
| Variational Omni CELO | +0.0100% | 8h | 0.09258 | −0.305% | $10K | $24 | — | as long as short |
Hyperliquid CELO
Binance CELOUSDT
Bybit CELOUSDT
OKX CELO-USDT-SWAP
Gate CELO_USDT
KuCoin CELOUSDTM
Bitget CELOUSDT
BingX CELO-USDT
Variational Omni CELOShow all 13 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin CELO-USDT | +0.0122% | 8h | 0.09271 | −0.166% | $97K | $18K | 75x | as long as short |
| Kraken Futures PF_CELOUSDlong | +0.0843% | 1h | 0.09286 | long leg | $17K | $6K | 10x | |
| Injective CELO/USDC PERP | +0.5000% | 1h | 0.09910 | +6.715% | $747 | $1K | 5.5x | as long as short |
BloFin CELO-USDT
Injective CELO/USDC PERP