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: MEXC against KuCoin−0.105%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$677as in the Funding arb table
Net, price: spread back to 7d avg − costs−$683as in the Price arb table
costs, in and out, $10k−$6736.734% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.033%−$3 on $10k
Price spread, last 4 days (all we have)+0.090%+$9 · spread now −0.105%, 7d avg −0.005%
Together, before fees+0.056%+$6 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: MEXC is 0.100% cheaper against KuCoin than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin CELOUSDTM0.095600.0100pay 0.0100% / 8h7h 37m$333K$274K50x
ShortMEXC CELO_USDT0.095500.0100get 0.0100% / 8h7h 37m$630K$267K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: −0.105% → −0.005%
−$10
Slippage, 4 orders
−$657.45
Fee KuCoin: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$683.44
Costs to cover
6.734%
Break-even
never at this rate
Slippage from KuCoin: live order book, 14 min ago; MEXC: 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, 14 min ago5.23 bp436.2 bp −$436doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 27 min ago2.10 bp7.1 bp −$763.7 bp −$637258.5 bp −$25.8Kdoesn'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−0.1515%1h0.09571+0.119%$19K$8K10xas long as short
Variational Omni CELO+0.0013%8h0.09543−0.183%$10K$1Kas long as short
Hyperliquid CELO+0.0100%1h0.09565+0.056%$206K$197K3xas long as short
Binance CELOUSDT+0.0100%8h0.09559−0.010%$2.0M$3.9M50xas long as short
Bybit CELOUSDT+0.0100%8h0.09546−0.146%$1.3M$901K50xas long as short
OKX CELO-USDT-SWAP+0.0100%8h0.09547−0.136%$494K$1.0M20xas long as short
Gate CELO_USDT+0.0100%8h0.09553−0.073%$101K$42K50xas long as short
MEXC CELO_USDTshort+0.0100%8h0.09550−0.105%$630K$267K50x
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%8h0.09564+0.042%$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