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: Bybit against MEXC−0.011%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$183as in the Funding arb table
Net, price: spread back to 7d avg − costs−$179as in the Price arb table
costs, in and out, $10k−$1791.789% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.044%−$4 on $10k
Price spread, last 4 days (all we have)−0.102%−$10 · spread now −0.011%, 7d avg −0.007%
Together, before fees−0.146%−$15 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC CELO_USDT0.094620.0100pay 0.0100% / 8h30m 29s$628K$264K50x
ShortBybit CELOUSDT0.094610.0100get 0.0100% / 8h30m 29s$1.3M$849K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: −0.011% → −0.007%
−$0.35
Slippage, 4 orders
−$163.93
Fee MEXC: 2 bp × 2 orders
−$4
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$179.28
Costs to cover
1.789%
Break-even
never at this rate
Slippage from MEXC: live order book, 40 min ago; Bybit: live order book, just now.

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, 40 min ago1.08 bp6.7 bp −$762.8 bp −$628259.8 bp −$26.0Kdoesn't fit
Sell Bybit live order book, just now6.87 bp90.5 bp −$90304.1 bp −$3,041doesn'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%1h0.09497+0.369%$19K$8K10xas long as short
Injective CELO/USDC PERP+0.0033%1h0.1003+6.003%$756$2615.5xas long as short
Variational Omni CELO+0.0055%8h0.09469+0.073%$10K$1Kas long as short
Hyperliquid CELO+0.0100%1h0.09468+0.063%$204K$193K3xas long as short
Binance CELOUSDT+0.0100%8h0.09480+0.190%$2.0M$3.7M50xas long as short
Bybit CELOUSDTshort+0.0100%8h0.09461−0.011%$1.3M$849K50x
OKX CELO-USDT-SWAP+0.0100%8h0.09467+0.053%$490K$1.0M20xas long as short
Gate CELO_USDT+0.0100%8h0.09480+0.190%$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%8h0.09469+0.074%$872K$396K50xas long as short
BingX CELO-USDT+0.0100%8h0.09477+0.159%$2.4Mas long as short
BloFin CELO-USDT+0.0123%8h0.09466+0.042%$100K$20K75xas long as short