Settings8H · net · $10k
Funding arb · Price arb /

CELO

all CELO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0003%/8h= +0.3% APRnext payment +$0.03 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against OKX+0.063%7-day average +0.107% · you sell dearer than you buy
Net, funding: paid 7d − costs−$138as in the Funding arb table
Net, price: spread back to 7d avg − costs−$144as in the Price arb table
costs, in and out, $10k−$1401.396% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.015%+$2 on $10k
Price spread, last 3 days (all we have)−0.006%−$1 · spread now +0.063%, 7d avg +0.107%
Together, before fees+0.009%+$1 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: BloFin is 0.044% cheaper against OKX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.107%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX CELO-USDT-SWAP0.095490.0100pay 0.0100% / 8h7h 38m$494K$1.0M20x
ShortBloFin CELO-USDT0.095550.0103get 0.0103% / 8h7h 38m$102K$20K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$0.59
Price spread: +0.063% → +0.107%
−$4.44
Slippage, 4 orders
−$117.6
Fee OKX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$143.45
Costs to cover
1.396%
Break-even
1700.0 days
Slippage from OKX: live order book, 2 min ago; BloFin: live order book, 58 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 ago3.67 bp42.2 bp −$42doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 58 min ago6.35 bp28.3 bp −$2885.2 bp −$852doesn'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−0.1514%1h0.09578+0.309%$19K$8K10xas long as short
Variational Omni CELO+0.0013%8h0.09543−0.068%$10K$1Kas long as short
Hyperliquid CELO+0.0100%1h0.09571+0.227%$207K$197K3xas long as short
Binance CELOUSDT+0.0100%8h0.09564+0.162%$2.0M$4.0M50xas long as short
Bybit CELOUSDT+0.0100%8h0.09551+0.021%$1.3M$901K50xas long as short
OKX CELO-USDT-SWAPlong+0.0100%8h0.09549long leg$494K$1.0M20x
Gate CELO_USDT+0.0100%8h0.09566+0.178%$101K$42K50xas long as short
MEXC CELO_USDT+0.0100%8h0.09567+0.189%$631K$267K50xas long as short
KuCoin CELOUSDTM+0.0100%8h0.09560+0.115%$333K$274K50xas long as short
Bitget CELOUSDT+0.0100%8h0.09562+0.136%$891K$429K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX CELO-USDT+0.0100%8h0.09570+0.220%$2.4Mas long as short
BloFin CELO-USDTshort+0.0103%8h0.09555+0.063%$102K$20K75x
Injective CELO/USDC PERP+0.5000%1h0.1013+6.084%$764$4045.5xas long as short