Funding you earn now, next payment 00:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.008%
Price spread now: BloFin against BingX+0.146%96s7-day average −0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$900.897% of the position
Funding, last 7 days+0.014%+$1 on $10k
+Price spread, last 3 days (all we have)−0.121%−$12 · spread now +0.146%, 7d avg −0.035%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.181% dearer against BingX than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of −0.035%. The two prices were read 96 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.014% in total (about 0.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.20 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX CVX-USDT | 2.0580 | 0.0100 | pay 0.0050% / 4h | 27m 35s | — | $1.6M | — |
| Short | BloFin CVX-USDT | 2.0610 | 0.0340 | get 0.0170% / 4h | 27m 35s | $83K | $128K | 75x |
BingX CVX-USDT
BloFin CVX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $50.4
- Price spread: +0.146% → −0.035%
- $18.08
- Slippage, 4 orders
- −$67.67
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$21.19
- Costs to cover
- 0.897%
- Break-even
- 9.9 days
Slippage from BingX: live order book, 5 min ago; BloFin: live order book, 33 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 5 min ago | 7.27 bp | 25.1 bp −$25 | 86.7 bp −$867 | 616.9 bp −$61.7K | 1027.0 bp −$513.5K |
| Sell BloFin live order book, 33 min ago | 2.43 bp | 26.7 bp −$27 | 60.9 bp −$609 | doesn't fit | doesn't fit |
CVX on 13 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective CVX/USDC PERP | +0.0033% | 1h | 1.9790 | −3.839% | — | $33K | 5.5x | as long as short |
| Binance CVXUSDT | +0.0100% | 4h | 2.0588 | +0.038% | $1.7M | $2.7M | 75x | as long as short |
| Bybit CVXUSDT | +0.0100% | 4h | 2.0602 | +0.107% | $1.7M | $825K | 75x | as long as short |
| OKX CVX-USDT-SWAP | +0.0100% | 4h | 2.0590 | +0.049% | $254K | $366K | 10x | as long as short |
| Gate CVX_USDT | +0.0100% | 8h | 2.0600 | +0.097% | $69K | $25K | 25x | as long as short |
| MEXC CVX_USDT | +0.0100% | 4h | 2.0590 | +0.049% | $2.0M | $490K | 20x | as long as short |
| KuCoin CVXUSDTM | +0.0100% | 4h | 2.0640 | +0.292% | $818K | $67K | 20x | as long as short |
| Bitget CVXUSDT | +0.0100% | 4h | 2.0590 | +0.049% | $625K | $133K | 25x | as long as short |
| BingX CVX-USDTlong | +0.0100% | 4h | 2.0580 | long leg | — | $1.6M | — | |
| Variational Omni CVX | +0.0100% | 4h | 2.0635 | +0.268% | $6K | $2K | — | as long as short |
Injective CVX/USDC PERP
Binance CVXUSDT
Bybit CVXUSDT
OKX CVX-USDT-SWAP
Gate CVX_USDT
MEXC CVX_USDT
KuCoin CVXUSDTM
Bitget CVXUSDT
Variational Omni CVXShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin CVX-USDTshort | +0.0340% | 4h | 2.0610 | +0.146% | $83K | $128K | 75x | |
| GMX CVX/USD [ETH-USDC] | L +0.0479% / S −0.0190% | 1h | 2.0596 | +0.077% | $168K | — | 100x | as long as short |
| Kraken Futures PF_CVXUSD | +0.1662% | 1h | 2.0639 | +0.289% | $111K | $76K | 10x | as long as short |
GMX CVX/USD [ETH-USDC]
Kraken Futures PF_CVXUSD