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

CELO

all CELO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against KuCoin+0.047%7-day average +0.093% · you sell dearer than you buy
Net, funding: paid 7d − costs−$711as in the Funding arb table
Net, price: spread back to 7d avg − costs−$713as in the Price arb table
costs, in and out, $10k−$7097.087% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.028%−$3 on $10k
Price spread, last 4 days (all we have)−0.041%−$4 · spread now +0.047%, 7d avg +0.093%
Together, before fees−0.069%−$7 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.046% cheaper against KuCoin than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.093%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin CELOUSDTM0.095600.0100pay 0.0100% / 8h7h 38m$333K$274K50x
ShortBinance CELOUSDT0.095640.0100get 0.0100% / 8h7h 38m$2.0M$4.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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
$0
Price spread: +0.047% → +0.093%
−$4.55
Slippage, 4 orders
−$686.65
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$713.2
Costs to cover
7.087%
Break-even
never at this rate
Slippage from KuCoin: live order book, 12 min ago; Binance: live order book, 13 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 12 min ago5.23 bp436.2 bp −$436doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 13 min ago1.57 bp23.6 bp −$24102.2 bp −$1,022doesn't fitdoesn't fit

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_CELOUSD−0.1514%1h0.09578+0.193%$19K$8K10xas long as short
Variational Omni CELO+0.0013%8h0.09543−0.183%$10K$1Kas long as short
Hyperliquid CELO+0.0100%1h0.09571+0.112%$207K$197K3xas long as short
Binance CELOUSDTshort+0.0100%8h0.09564+0.047%$2.0M$4.0M50x
Bybit CELOUSDT+0.0100%8h0.09551−0.094%$1.3M$901K50xas long as short
OKX CELO-USDT-SWAP+0.0100%8h0.09549−0.115%$494K$1.0M20xas long as short
Gate CELO_USDT+0.0100%8h0.09566+0.063%$101K$42K50xas long as short
MEXC CELO_USDT+0.0100%8h0.09567+0.073%$631K$267K50xas long as short
KuCoin CELOUSDTMlong+0.0100%8h0.09560long leg$333K$274K50x
Bitget CELOUSDT+0.0100%8h0.09562+0.021%$891K$429K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX CELO-USDT+0.0100%8h0.09570+0.105%$2.4Mas long as short
BloFin CELO-USDT+0.0103%8h0.09555−0.052%$102K$20K75xas long as short
Injective CELO/USDC PERP+0.5000%1h0.1013+5.962%$764$4045.5xas long as short