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: BingX against MEXC+0.095%7-day average +0.100% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$730.731% 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)−0.034%−$3 · spread now +0.095%, 7d avg +0.100%
Together, before fees−0.001%$0 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC CELO_USDT0.094740.0100pay 0.0100% / 8h6h 06m$597K$273K50x
ShortBingX CELO-USDT0.094830.0100get 0.0100% / 8h6h 06m$2.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: +0.095% → +0.100%
−$0.52
Slippage, 4 orders
−$59.08
Fee MEXC: 2 bp × 2 orders
−$4
Fee BingX: 5 bp × 2 orders
−$10
Net
−$73.6
Costs to cover
0.731%
Break-even
never at this rate
Slippage from MEXC: live order book, 53 min ago; BingX: live order book, 13 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, 53 min ago4.24 bp9.5 bp −$964.8 bp −$648263.2 bp −$26.3Kdoesn't fit
Sell BingX live order book, 13 min ago6.88 bp28.0 bp −$2873.6 bp −$736744.0 bp −$74.4K1125.7 bp −$562.9K

CELO on 12 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−0.0820%1h0.09493+0.201%$19K$8K10xas long as short
Variational Omni CELO+0.0013%8h0.09427−0.498%$10K$906as long as short
Hyperliquid CELO+0.0100%1h0.09477+0.031%$205K$219K3xas long as short
Binance CELOUSDT+0.0100%8h0.09482+0.084%$1.9M$4.1M50xas long as short
Bybit CELOUSDT+0.0100%8h0.09475+0.011%$1.3M$900K50xas long as short
OKX CELO-USDT-SWAP+0.0100%8h0.09467−0.074%$492K$995K20xas long as short
Gate CELO_USDT+0.0100%8h0.09487+0.137%$100K$43K50xas long as short
MEXC CELO_USDTlong+0.0100%8h0.09474long leg$597K$273K50x
KuCoin CELOUSDTM+0.0100%8h0.09480+0.063%$328K$274K50xas long as short
Bitget CELOUSDT+0.0100%8h0.094740.000%$860K$472K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX CELO-USDTshort+0.0100%8h0.09483+0.095%$2.4M
Injective CELO/USDC PERP+0.5000%1h0.1003+5.869%$756$6115.5xas long as short