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: Bitget against OKX+0.107%7-day average +0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs−$181as in the Funding arb table
Net, price: spread back to 7d avg − costs−$181as in the Price arb table
costs, in and out, $10k−$1841.844% 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)−0.055%−$6 · spread now +0.107%, 7d avg +0.072%
Together, before fees−0.021%−$2 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: Bitget is 0.035% dearer against OKX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.072%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX CELO-USDT-SWAP0.093640.0100pay 0.0100% / 8h6h 55m$484K$1.0M20x
ShortBitget CELOUSDT0.093740.0100get 0.0100% / 8h6h 55m$852K$456K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: +0.107% → +0.072%
$3.47
Slippage, 4 orders
−$162.38
Fee OKX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$180.92
Costs to cover
1.844%
Break-even
never at this rate
Slippage from OKX: live order book, 1 min ago; Bitget: live order book, 10 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, 1 min ago4.80 bp52.2 bp −$52doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 10 min ago4.71 bp37.0 bp −$37139.6 bp −$1,396doesn'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−0.0829%1h0.09399+0.378%$19K$8K10xas long as short
Variational Omni CELO−0.0011%8h0.09379+0.155%$10K$906as long as short
Hyperliquid CELO+0.0100%1h0.09381+0.177%$191K$209K3xas long as short
Binance CELOUSDT+0.0100%8h0.09382+0.187%$1.9M$4.1M50xas long as short
Bybit CELOUSDT+0.0100%8h0.09372+0.085%$1.3M$904K50xas long as short
OKX CELO-USDT-SWAPlong+0.0100%8h0.09364long leg$484K$1.0M20x
Gate CELO_USDT+0.0100%8h0.09400+0.384%$99K$41K50xas long as short
MEXC CELO_USDT+0.0100%8h0.09365+0.011%$606K$266K50xas long as short
KuCoin CELOUSDTM+0.0100%8h0.09370+0.064%$326K$273K50xas long as short
Bitget CELOUSDTshort+0.0100%8h0.09374+0.107%$852K$456K50x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX CELO-USDT+0.0100%8h0.09382+0.192%$2.4Mas long as short
BloFin CELO-USDT+0.0111%8h0.09449+0.908%$101K$20K75xas long as short
Injective CELO/USDC PERP+0.5000%1h0.1001+6.899%$755$4995.5xas long as short