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: MEXC against OKX+0.244%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$1181.179% 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)−0.193%−$19 · spread now +0.244%, 7d avg +0.025%
Together, before fees−0.193%−$19 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: MEXC is 0.219% dearer against OKX than usual: you sell high and buy low, +$22 on $10k if it goes back to its 7-day average of +0.025%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX CELO-USDT-SWAP0.094220.0100pay 0.0100% / 8h6h 48m$488K$1.0M20x
ShortMEXC CELO_USDT0.094450.0100get 0.0100% / 8h6h 48m$612K$266K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: +0.244% → +0.025%
$21.92
Slippage, 4 orders
−$103.85
Fee OKX: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$95.93
Costs to cover
1.179%
Break-even
never at this rate
Slippage from OKX: live order book, 3 min ago; MEXC: live order book, 11 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, 3 min ago5.31 bp46.9 bp −$47doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 11 min ago4.24 bp9.6 bp −$1065.6 bp −$656264.2 bp −$26.4Kdoesn'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−0.0824%1h0.09458+0.385%$19K$8K10xas long as short
Variational Omni CELO−0.0001%8h0.09411−0.116%$10K$906as long as short
BloFin CELO-USDT+0.0084%8h0.09451+0.308%$101K$20K75xas long as short
Hyperliquid CELO+0.0100%1h0.09429+0.073%$195K$210K3xas long as short
Binance CELOUSDT+0.0100%8h0.09453+0.328%$1.9M$4.1M50xas long as short
Bybit CELOUSDT+0.0100%8h0.09443+0.223%$1.3M$911K50xas long as short
OKX CELO-USDT-SWAPlong+0.0100%8h0.09422long leg$488K$1.0M20x
Gate CELO_USDT+0.0100%8h0.09450+0.297%$100K$41K50xas long as short
MEXC CELO_USDTshort+0.0100%8h0.09445+0.244%$612K$266K50x
KuCoin CELOUSDTM+0.0100%8h0.09440+0.191%$329K$273K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CELOUSDT+0.0100%8h0.09440+0.191%$857K$461K50xas long as short
BingX CELO-USDT+0.0100%8h0.09455+0.350%$2.4Mas long as short
Injective CELO/USDC PERP+0.5000%1h0.1001+6.241%$755$5115.5xas long as short