CELO

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	OKX SpotCELO-USDT	0.06762	spot	no funding	—	—	$66K	1x	Buy OKX Spot
SHORT	OKXCELO-USDT-SWAP	0.06744	−0.0271	pay 0.0271% / 8h	2h 03m	$371K	$409K	20x	Short OKX

Price gap−0.266%

Funding gap−0.0271% /8h

Funding costs $8 a day on $10k at the current rate: the perp's short pays now. A spot + perp pair earns only while the short is paid.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$1−0.0271% /8h now · paid +0.009% over the last 7D

Price$0spread −0.266% now, avg −0.268% → +0.002% if it goes back

Costsno datano order book for OKX Spot

Result, before costs+$1+0.01%no pointscosts unknown: no order book for OKX Spot ·

The current funding rate is far below what this pair has been paying: over the last 7 days it paid +0.009% in total, about +0.0004%/8h on average.

Price and funding

1h · history

Price spread

Prices

Fundingper 8h

PRICE SPREAD · 7D

Now−0.266%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

CELO on 12 exchanges

lowest funding first

Before you open

1 ok · 2 to watch

Note: Order book unknown—
No order-book sample for OKX Spot: its slippage is not counted.
Note: Spot in full, margin on the short$10,000 + $500
The spot leg is bought with the whole $10k; OKX runs at up to 20x. Only the short can be liquidated, when the price rises, while the spot leg's gain is not yet realised: keep about 2× the margin on OKX.
OK: Only the short pays funding— / 8h
The spot leg pays no funding; OKX settles every 8h.
Next 24h at the current rates, on $10k a leg: −$8.12Long OKX Spot: 0 payments, $0.00; short OKX: 3 payments, −$8.12.
Note: Gap at its usual level−0.266% vs −0.268%
The price leg adds little either way.
Watch: Short leg is thin$371K OI
OKX sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCOKX Spot Yes · OKX Yes
Advanced verification before trading, deposits or withdrawals.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0004%/8h × 21 periods+$0.87

Price spread−0.266% → −0.268% (7d avg)+$0.21

Slippage, 4 ordersno data for OKX Spot—

Fee OKX Spot bp × 2 orders−$20.00

Fee OKX bp × 2 orders−$10.00

Net, fees only · 7 days · $10k−$28.92

Costs to cover0.300%Break-even240.3 days

Slippage: OKX Spot: no order-book sample; OKX: live order book, 50 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGOKX Spot—————

SELL · SHORTOKX5.9235.8 bp−$36doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.
OKX Spot: no data.