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

CVC

all CVC markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.48 per $10,000 · paid last 24h −0.308%
Price spread now: KuCoin against BingX+0.330%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1561.563% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)−0.027%−$3 on $10k
Price spread, last 6 days (all we have)−0.330%−$33 · spread now +0.330%, 7d avg +0.002%
Together, before fees−0.357%−$36 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.328% dearer against BingX than usual: you sell high and buy low: +$33 more if the spread goes back to its 7-day average of +0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX CVC-USDT0.027270.0004pay 0.0002% / 4h2h 31m$2.4M
ShortKuCoin CVCUSDTM0.027360.0100get 0.0050% / 4h2h 31m$1.4M$398K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against BingX. 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: +0.330% → +0.002%
$32.79
Slippage, 4 orders
−$134.3
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$103.35
Costs to cover
1.563%
Break-even
42.9 days
Slippage from BingX: live order book, 8 min ago; KuCoin: 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 BingX live order book, 8 min ago7.35 bp17.9 bp −$1859.5 bp −$595818.7 bp −$81.9Kdoesn't fit
Sell KuCoin live order book, 4 min ago7.30 bp35.5 bp −$35doesn't fitdoesn't fitdoesn't fit

CVC 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
Gate CVC_USDT−0.1176%4h0.02733+0.220%$209K$308K25xas long as short
Bitget CVCUSDT−0.0010%4h0.02732+0.183%$463K$462K50xas long as short
BingX CVC-USDTlong+0.0004%4h0.02727long leg$2.4M
Binance CVCUSDT+0.0042%4h0.02734+0.257%$2.9M$5.6M50xas long as short
MEXC CVC_USDT+0.0044%4h0.02734+0.257%$678K$121K20xas long as short
KuCoin CVCUSDTMshort+0.0100%4h0.02736+0.330%$1.4M$398K30x
Variational Omni CVC+0.7119%1h0.02714−0.480%$1K$370as long as short
Bybit CVCUSDT+0.8873%1h0.02712−0.550%$1.7M$1.4M25xas long as short