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: BingX against KuCoin+0.063%7-day average +0.095% · you sell dearer than you buy
Net, funding: paid 7d − costs−$710as in the Funding arb table
Net, price: spread back to 7d avg − costs−$714as in the Price arb table
costs, in and out, $10k−$7107.105% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.039%−$4 · spread now +0.063%, 7d avg +0.095%
Together, before fees−0.039%−$4 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: BingX is 0.032% cheaper against KuCoin than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.095%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin CELOUSDTM0.094600.0100pay 0.0100% / 8h6h 50m$329K$273K50x
ShortBingX CELO-USDT0.094660.0100get 0.0100% / 8h6h 50m$2.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: +0.063% → +0.095%
−$3.15
Slippage, 4 orders
−$688.45
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$713.6
Costs to cover
7.105%
Break-even
never at this rate
Slippage from KuCoin: live order book, 61 min ago; BingX: 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, 61 min ago5.23 bp436.2 bp −$436doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 13 min ago2.63 bp25.4 bp −$2565.8 bp −$658834.9 bp −$83.5K1233.8 bp −$616.9K

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−0.0824%1h0.09452−0.085%$19K$8K10xas long as short
Variational Omni CELO−0.0001%8h0.09411−0.518%$10K$906as long as short
BloFin CELO-USDT+0.0080%8h0.09389−0.751%$101K$20K75xas long as short
Hyperliquid CELO+0.0100%1h0.09453−0.078%$195K$210K3xas long as short
Binance CELOUSDT+0.0100%8h0.09463+0.033%$1.9M$4.1M50xas long as short
Bybit CELOUSDT+0.0100%8h0.094600.000%$1.3M$912K50xas long as short
OKX CELO-USDT-SWAP+0.0100%8h0.09441−0.201%$488K$1.0M20xas long as short
Gate CELO_USDT+0.0100%8h0.09470+0.106%$100K$41K50xas long as short
MEXC CELO_USDT+0.0100%8h0.09453−0.074%$612K$266K50xas long as short
KuCoin CELOUSDTMlong+0.0100%8h0.09460long leg$329K$273K50x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CELOUSDT+0.0100%8h0.09420−0.423%$858K$460K50xas long as short
BingX CELO-USDTshort+0.0100%8h0.09466+0.063%$2.4M
Injective CELO/USDC PERP+0.5000%1h0.09990+5.603%$753$5015.5xas long as short