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 MEXC+0.096%7-day average −0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$1061.063% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 4 days (all we have)−0.160%−$16 · spread now +0.096%, 7d avg −0.026%
Together, before fees−0.161%−$16 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 0.122% dearer against MEXC than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.026%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC CELO_USDT0.093390.0100pay 0.0100% / 8h1h 58m$570K$252K50x
ShortOKX CELO-USDT-SWAP0.093480.0100get 0.0100% / 8h1h 58m$487K$736K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: +0.096% → −0.026%
$12.2
Slippage, 4 orders
−$92.33
Fee MEXC: 2 bp × 2 orders
−$4
Fee OKX: 5 bp × 2 orders
−$10
Net
−$94.13
Costs to cover
1.063%
Break-even
never at this rate
Slippage from MEXC: live order book, 41 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 MEXC live order book, 41 min ago3.24 bp8.5 bp −$857.4 bp −$574261.4 bp −$26.1Kdoesn't fit
Sell OKX live order book, 3 min ago2.68 bp47.1 bp −$47doesn'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−0.0699%1h0.09341+0.020%$18K$8K10xas long as short
Variational Omni CELO+0.0006%8h0.09317−0.238%$10K$402as long as short
Hyperliquid CELO+0.0100%1h0.09344+0.051%$203K$205K3xas long as short
Binance CELOUSDT+0.0100%8h0.09352+0.140%$1.9M$3.5M50xas long as short
Bybit CELOUSDT+0.0100%8h0.09333−0.064%$1.3M$818K50xas long as short
OKX CELO-USDT-SWAPshort+0.0100%8h0.09348+0.096%$487K$736K20x
Gate CELO_USDT+0.0100%8h0.09350+0.118%$135K$74K50xas long as short
MEXC CELO_USDTlong+0.0100%8h0.09339long leg$570K$252K50x
KuCoin CELOUSDTM+0.0100%8h0.09340+0.011%$321K$266K50xas long as short
Bitget CELOUSDT+0.0100%8h0.09345+0.064%$847K$437K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX CELO-USDT+0.0100%8h0.09346+0.075%$2.4Mas long as short
BloFin CELO-USDT+0.0113%8h0.09329−0.107%$97K$19K75xas long as short
Injective CELO/USDC PERP+0.5000%1h0.09880+5.793%$745$1K5.5xas long as short