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

CELR

all CELR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0273%/8h= +29.9% APRnext payment +$2.73 per $10,000 · paid last 24h +0.053%
Price spread now: Gate against KuCoin−0.030%7-day average −0.093% · you buy dearer than you sell
Net, funding: paid 7d − costs−$304as in the Funding arb table
Net, price: spread back to 7d avg − costs−$253as in the Price arb table
costs, in and out, $10k−$2602.595% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.448%−$45 on $10k
Price spread, last 4 days (all we have)−0.145%−$14 · spread now −0.030%, 7d avg −0.093%
Together, before fees−0.593%−$59 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Gate is 0.063% dearer against KuCoin than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.093%. Mind the row above: over the last 7 days funding on this pair cost −0.448%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin CELRUSDTM0.003291−0.8427get 0.8427% / 8h1h 22m$390K$4.4M25x
ShortGate CELR_USDT0.003290−0.8154pay 0.8154% / 8h1h 22m$225K$1.4M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against KuCoin. 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
$57.33
Price spread: −0.030% → −0.093%
$6.3
Slippage, 4 orders
−$232.52
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$195.89
Costs to cover
2.595%
Break-even
30.9 days
Slippage from KuCoin: live order book, 5 min ago; Gate: live order book, 5 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 KuCoin live order book, 5 min ago6.11 bp69.5 bp −$69doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 5 min ago3.05 bp64.4 bp −$64doesn't fitdoesn't fitdoesn't fit

CELR on 8 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_CELRUSD−0.9417%1h0.003279−0.367%$37K$65K10xas long as short
Binance CELRUSDT−0.8972%8h0.003293+0.061%$3.7M$56.6M25xas long as short
MEXC CELR_USDT−0.8971%8h0.0032910.000%$523K$1.7M50xas long as short
BloFin CELR-USDT−0.8965%8h0.0032910.000%$349K$506K25xas long as short
KuCoin CELRUSDTMlong−0.8427%8h0.003291long leg$390K$4.4M25x
Gate CELR_USDTshort−0.8154%8h0.003290−0.030%$225K$1.4M25x
Bitget CELRUSDT−0.7973%8h0.003288−0.091%$595K$6.0M25xas long as short
BingX CELR-USDT−0.5605%8h0.003290−0.030%$2.7Mas long as short