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Funding arb · Price arb /

CELO

all CELO markets
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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 12:00 UTC+0.0037%/8h= +4.0% APRpaid last 24h −0.376%
Price spread now: OKX against Kraken Futures−0.226%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Long on Kraken FuturesShort on OKX
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 days—no price history on both exchanges yet
Together, before fees—needs both histories
Funding pays, the price is against you. OKX is 0.226% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.226% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$23 on $10k: about 20 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_CELOUSD0.091760.0063pay 0.0008% / 1h52m 04s$17K$6K10x
ShortOKX CELO-USDT-SWAP0.091550.0100get 0.0100% / 8h4h 52m$485K$583K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$7.74
Price spread: −0.226% → 0.000%
−$22.61
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$34.86
Costs to cover
0.200%
Break-even
38.5 days
Slippage unknown: Kraken Futures: no order-book sample; OKX: live order book, 52 min ago. 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 OKX live order book, 52 min ago4.34 bp40.3 bp −$40doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective CELO/USDC PERP+0.0033%1h0.09910+8.002%$747$1K5.5xas long as short
Kraken Futures PF_CELOUSDlong+0.0063%1h0.09176long leg$17K$6K10x
Hyperliquid CELO+0.0100%1h0.09170−0.058%$201K$149K3xas long as short
Binance CELOUSDT+0.0100%8h0.09166−0.106%$1.9M$2.6M50xas long as short
Bybit CELOUSDT+0.0100%8h0.09155−0.226%$1.2M$624K50xas long as short
OKX CELO-USDT-SWAPshort+0.0100%8h0.09155−0.226%$485K$583K20x
Gate CELO_USDT+0.0100%8h0.09166−0.106%$132K$62K50xas long as short
MEXC CELO_USDT+0.0100%8h0.09156−0.215%$565K$224K50xas long as short
KuCoin CELOUSDTM+0.0100%8h0.09160−0.172%$313K$261K50xas long as short
Bitget CELOUSDT+0.0100%8h0.09172−0.041%$842K$425K50xas long as short
Show all 13 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX CELO-USDT+0.0100%8h0.09168−0.084%—$2.4M—as long as short
Variational Omni CELO+0.0100%8h0.09157−0.203%$10K$24—as long as short
BloFin CELO-USDT+0.0128%8h0.09162−0.150%$96K$16K75xas long as short