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 OKX+0.022%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$277as in the Funding arb table
Net, price: spread back to 7d avg − costs−$272as in the Price arb table
costs, in and out, $10k−$2722.722% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.043%−$4 on $10k
Price spread, last 4 days (all we have)−0.074%−$7 · spread now +0.022%, 7d avg +0.019%
Together, before fees−0.118%−$12 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX CELO-USDT-SWAP0.092280.0100pay 0.0100% / 8h1h 17m$480K$981K20x
ShortBybit CELOUSDT0.092300.0100get 0.0100% / 8h1h 17m$1.3M$818K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: +0.022% → +0.019%
$0.22
Slippage, 4 orders
−$251.22
Fee OKX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$272
Costs to cover
2.722%
Break-even
never at this rate
Slippage from OKX: live order book, 64 min ago; Bybit: live order book, 4 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, 64 min ago2.16 bp34.6 bp −$35doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago4.87 bp90.2 bp −$90396.8 bp −$3,968doesn'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−0.0200%1h0.09246+0.192%$18K$8K10xas long as short
Injective CELO/USDC PERP+0.0033%1h0.09930+7.607%$749$1785.5xas long as short
Variational Omni CELO+0.0085%8h0.09239+0.118%$10K$1Kas long as short
Hyperliquid CELO+0.0100%1h0.09248+0.219%$199K$193K3xas long as short
Binance CELOUSDT+0.0100%8h0.09241+0.141%$1.9M$3.6M50xas long as short
Bybit CELOUSDTshort+0.0100%8h0.09230+0.022%$1.3M$818K50x
OKX CELO-USDT-SWAPlong+0.0100%8h0.09228long leg$480K$981K20x
Gate CELO_USDT+0.0100%8h0.09234+0.065%$100K$39K50xas long as short
MEXC CELO_USDT+0.0100%8h0.09232+0.043%$615K$264K50xas long as short
KuCoin CELOUSDTM+0.0100%8h0.09240+0.130%$322K$268K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CELOUSDT+0.0100%8h0.09231+0.033%$848K$381K50xas long as short
BingX CELO-USDT+0.0100%8h0.09241+0.141%$2.4Mas long as short
BloFin CELO-USDT+0.0121%8h0.09236+0.087%$100K$19K75xas long as short