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: BingX against OKX+0.042%7-day average +0.125% · you sell dearer than you buy
Net, funding: paid 7d − costs−$150as in the Funding arb table
Net, price: spread back to 7d avg − costs−$162as in the Price arb table
costs, in and out, $10k−$1541.536% 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)+0.064%+$6 · spread now +0.042%, 7d avg +0.125%
Together, before fees+0.099%+$10 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: BingX is 0.083% cheaper against OKX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.125%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX CELO-USDT-SWAP0.094910.0100pay 0.0100% / 8h29m 47s$491K$1.0M20x
ShortBingX CELO-USDT0.094950.0100get 0.0100% / 8h29m 47s$2.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against OKX. 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: +0.042% → +0.125%
−$8.32
Slippage, 4 orders
−$133.63
Fee OKX: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$161.94
Costs to cover
1.536%
Break-even
never at this rate
Slippage from OKX: live order book, 2 min ago; BingX: live order book, 5 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 OKX live order book, 2 min ago4.75 bp47.9 bp −$48doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 5 min ago5.28 bp27.0 bp −$2775.2 bp −$752876.9 bp −$87.7K1313.2 bp −$656.6K

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%1h0.09488−0.031%$19K$8K10xas long as short
Injective CELO/USDC PERP+0.0033%1h0.1003+5.679%$756$2615.5xas long as short
Variational Omni CELO+0.0055%8h0.09469−0.233%$10K$1Kas long as short
Hyperliquid CELO+0.0100%1h0.09492+0.011%$205K$193K3xas long as short
Binance CELOUSDT+0.0100%8h0.09493+0.022%$2.0M$3.7M50xas long as short
Bybit CELOUSDT+0.0100%8h0.09473−0.190%$1.3M$849K50xas long as short
OKX CELO-USDT-SWAPlong+0.0100%8h0.09491long leg$491K$1.0M20x
Gate CELO_USDT+0.0100%8h0.09490−0.011%$103K$40K50xas long as short
MEXC CELO_USDT+0.0100%8h0.09482−0.095%$629K$264K50xas long as short
KuCoin CELOUSDTM+0.0100%8h0.09480−0.116%$331K$269K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CELOUSDT+0.0100%8h0.09486−0.053%$873K$396K50xas long as short
BingX CELO-USDTshort+0.0100%8h0.09495+0.042%$2.4M
BloFin CELO-USDT+0.0123%8h0.09466−0.263%$100K$20K75xas long as short