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: OKX against KuCoin−0.136%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$752as in the Funding arb table
Net, price: spread back to 7d avg − costs−$760as in the Price arb table
costs, in and out, $10k−$7497.490% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.034%−$3 on $10k
Price spread, last 4 days (all we have)+0.068%+$7 · spread now −0.136%, 7d avg −0.030%
Together, before fees+0.033%+$3 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: OKX is 0.106% cheaper against KuCoin than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.030%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin CELOUSDTM0.095600.0100pay 0.0100% / 8h7h 37m$333K$274K50x
ShortOKX CELO-USDT-SWAP0.095470.0100get 0.0100% / 8h7h 37m$494K$1.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.136% → −0.030%
−$10.61
Slippage, 4 orders
−$727.02
Fee KuCoin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$759.63
Costs to cover
7.490%
Break-even
never at this rate
Slippage from KuCoin: live order book, 13 min ago; OKX: live order book, 3 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, 13 min ago5.23 bp436.2 bp −$436doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 3 min ago3.67 bp47.7 bp −$48doesn'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−0.1515%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%8h0.09557−0.028%$2.0M$3.9M50xas long as short
Bybit CELOUSDT+0.0100%8h0.09547−0.136%$1.3M$901K50xas long as short
OKX CELO-USDT-SWAPshort+0.0100%8h0.09547−0.136%$494K$1.0M20x
Gate CELO_USDT+0.0100%8h0.09553−0.073%$101K$42K50xas long as short
MEXC CELO_USDT+0.0100%8h0.09550−0.105%$630K$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%8h0.09565+0.052%$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