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

CELR

all CELR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0096%/8h= −10.5% APRnext payment $0.96 per $10,000 · paid last 24h +0.122%
Price spread now: KuCoin against MEXC−0.124%7-day average +0.238% · you buy dearer than you sell
Net, funding: paid 7d − costs−$154as in the Funding arb table
Net, price: spread back to 7d avg − costs−$265as in the Price arb table
costs, in and out, $10k−$2292.287% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.751%+$75 on $10k
Price spread, last 7 days+0.547%+$55 · spread now −0.124%, 7d avg +0.238%
Together, before fees+1.298%+$130 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and KuCoin is 0.362% cheaper against MEXC than usual: you would sell low and buy high (−$36 if the spread goes back to its 7-day average of +0.238%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.751%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC CELR_USDT0.003222−0.6623get 0.6623% / 8h3h 29m$536K$1.5M50x
ShortKuCoin CELRUSDTM0.003218−0.6719pay 0.6719% / 8h3h 29m$487K$4.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against MEXC. 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
−$20.16
Price spread: −0.124% → +0.238%
−$36.23
Slippage, 4 orders
−$212.74
Fee MEXC: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$285.13
Costs to cover
2.287%
Break-even
never at this rate
Slippage from MEXC: live order book, 1 min ago; KuCoin: live order book, 3 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 MEXC live order book, 1 min ago3.10 bp17.9 bp −$1863.1 bp −$631268.9 bp −$26.9K568.8 bp −$284.4K
Sell KuCoin live order book, 3 min ago7.76 bp115.5 bp −$115doesn'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−1.3917%1h0.003222−0.011%$35K$57K10xas long as short
Gate CELR_USDT−0.7211%8h0.003223+0.031%$231K$1.2M25xas long as short
KuCoin CELRUSDTMshort−0.6719%8h0.003218−0.124%$487K$4.0M25x
Binance CELRUSDT−0.6629%8h0.003222+0.004%$3.7M$46.0M25xas long as short
MEXC CELR_USDTlong−0.6623%8h0.003222long leg$536K$1.5M50x
BloFin CELR-USDT−0.6617%8h0.0032220.000%$356K$388K25xas long as short
Bitget CELRUSDT−0.6141%8h0.0032220.000%$610K$4.4M25xas long as short
BingX CELR-USDT−0.4290%8h0.0032220.000%$2.7Mas long as short