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: Binance against MEXC+0.296%7-day average +0.097% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$660.655% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.005%+$1 on $10k
Price spread, last 4 days (all we have)−0.279%−$28 · spread now +0.296%, 7d avg +0.097%
Together, before fees−0.274%−$27 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: Binance is 0.199% dearer against MEXC than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of +0.097%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC CELO_USDT0.094620.0100pay 0.0100% / 8h28m 12s$628K$264K50x
ShortBinance CELOUSDT0.094900.0100get 0.0100% / 8h28m 12s$2.0M$3.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against MEXC. 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: +0.296% → +0.097%
$19.87
Slippage, 4 orders
−$51.52
Fee MEXC: 2 bp × 2 orders
−$4
Fee Binance: 5 bp × 2 orders
−$10
Net
−$45.65
Costs to cover
0.655%
Break-even
never at this rate
Slippage from MEXC: live order book, 42 min ago; Binance: live order book, 8 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 MEXC live order book, 42 min ago1.08 bp6.7 bp −$762.8 bp −$628259.8 bp −$26.0Kdoesn't fit
Sell Binance live order book, 8 min ago2.64 bp27.6 bp −$28114.6 bp −$1,146doesn'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%1h0.09489+0.286%$19K$8K10xas long as short
Injective CELO/USDC PERP+0.0033%1h0.1003+6.003%$756$2635.5xas long as short
Variational Omni CELO+0.0055%8h0.09469+0.073%$10K$1Kas long as short
Hyperliquid CELO+0.0100%1h0.09472+0.101%$204K$193K3xas long as short
Binance CELOUSDTshort+0.0100%8h0.09490+0.296%$2.0M$3.7M50x
Bybit CELOUSDT+0.0100%8h0.09465+0.032%$1.3M$849K50xas long as short
OKX CELO-USDT-SWAP+0.0100%8h0.09471+0.095%$491K$1.0M20xas long as short
Gate CELO_USDT+0.0100%8h0.09490+0.296%$103K$40K50xas long as short
MEXC CELO_USDTlong+0.0100%8h0.09462long leg$628K$264K50x
KuCoin CELOUSDTM+0.0100%8h0.09470+0.085%$331K$269K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CELOUSDT+0.0100%8h0.09479+0.180%$873K$397K50xas long as short
BingX CELO-USDT+0.0100%8h0.09483+0.222%$2.4Mas long as short
BloFin CELO-USDT+0.0116%8h0.09466+0.042%$100K$20K75xas long as short