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

CELO

all CELO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against KuCoin+0.095%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$543as in the Funding arb table
Net, price: spread back to 7d avg − costs−$538as in the Price arb table
costs, in and out, $10k−$5435.432% 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)−0.071%−$7 · spread now +0.095%, 7d avg +0.043%
Together, before fees−0.071%−$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: Bitget is 0.052% dearer against KuCoin than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.043%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin CELOUSDTM0.094700.0100pay 0.0100% / 8h28m 22s$331K$269K50x
ShortBitget CELOUSDT0.094790.0100get 0.0100% / 8h28m 22s$873K$397K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: +0.095% → +0.043%
$5.18
Slippage, 4 orders
−$519.21
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$538.04
Costs to cover
5.432%
Break-even
never at this rate
Slippage from KuCoin: live order book, 33 min ago; Bitget: live order book, 47 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, 33 min ago5.40 bp250.2 bp −$250doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 47 min ago4.88 bp27.4 bp −$2793.4 bp −$934doesn'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−0.0137%1h0.09507+0.390%$19K$8K10xas long as short
Injective CELO/USDC PERP+0.0033%1h0.1003+5.913%$756$2635.5xas long as short
Variational Omni CELO+0.0055%8h0.09469−0.011%$10K$1Kas long as short
Hyperliquid CELO+0.0100%1h0.09472+0.017%$204K$193K3xas long as short
Binance CELOUSDT+0.0100%8h0.09478+0.084%$2.0M$3.7M50xas long as short
Bybit CELOUSDT+0.0100%8h0.09462−0.084%$1.3M$849K50xas long as short
OKX CELO-USDT-SWAP+0.0100%8h0.09462−0.084%$490K$1.0M20xas long as short
Gate CELO_USDT+0.0100%8h0.09490+0.211%$103K$40K50xas long as short
MEXC CELO_USDT+0.0100%8h0.09462−0.084%$628K$264K50xas long as short
KuCoin CELOUSDTMlong+0.0100%8h0.09470long leg$331K$269K50x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CELOUSDTshort+0.0100%8h0.09479+0.095%$873K$397K50x
BingX CELO-USDT+0.0100%8h0.09483+0.137%$2.4Mas long as short
BloFin CELO-USDT+0.0116%8h0.09466−0.042%$100K$20K75xas long as short