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% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against KuCoin+0.135%7-day average +0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$564as in the Funding arb table
Net, price: spread back to 7d avg − costs−$557as in the Price arb table
costs, in and out, $10k−$5645.636% 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)−0.196%−$20 · spread now +0.135%, 7d avg +0.066%
Together, before fees−0.196%+ Points / potential airdropHyperliquid: Season 2 · farm board−$20 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: Hyperliquid is 0.070% dearer against KuCoin than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.066%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin CELOUSDTM0.094500.0100pay 0.0100% / 8h32m 00s$330K$269K50x
ShortHyperliquid CELO0.094630.0100get 0.0013% / 1h32m 00s$204K$193K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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: +0.135% → +0.066%
$6.99
Slippage, 4 orders
−$542.58
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$556.58
Costs to cover
5.636%
Break-even
never at this rate
Slippage from KuCoin: live order book, 29 min ago; Hyperliquid: live order book, 27 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, 29 min ago5.40 bp250.2 bp −$250doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 27 min ago1.88 bp40.9 bp −$41doesn't fitdoesn'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%1h0.09477+0.286%$19K$8K10xas long as short
Injective CELO/USDC PERP+0.0033%1h0.1003+6.138%$756$2475.5xas long as short
Variational Omni CELO+0.0069%8h0.09443−0.075%$10K$1Kas long as short
Hyperliquid CELOshort+0.0100%1h0.09463+0.135%$204K$193K3x
Binance CELOUSDT+0.0100%8h0.09476+0.275%$2.0M$3.7M50xas long as short
Bybit CELOUSDT+0.0100%8h0.09467+0.180%$1.3M$848K50xas long as short
OKX CELO-USDT-SWAP+0.0100%8h0.09465+0.159%$492K$1.0M20xas long as short
Gate CELO_USDT+0.0100%8h0.09480+0.317%$103K$40K50xas long as short
MEXC CELO_USDT+0.0100%8h0.09460+0.106%$628K$263K50xas long as short
KuCoin CELOUSDTMlong+0.0100%8h0.09450long leg$330K$269K50x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CELOUSDT+0.0100%8h0.09471+0.222%$872K$397K50xas long as short
BingX CELO-USDT+0.0100%8h0.09478+0.296%$2.4Mas long as short
BloFin CELO-USDT+0.0125%8h0.09494+0.466%$101K$20K75xas long as short