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

CVX

all CVX markets
SwapBacktest
Alert: funding
Alert: spread
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 Bitget−0.048%7-day average −0.077% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$960.960% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.014%+$1 on $10k
Price spread, last 3 days (all we have)+0.012%+$1 · spread now −0.048%, 7d avg −0.077%
Together, before fees+0.026%+$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.029% dearer against Bitget than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.077%.
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget CVXUSDT2.06400.0100pay 0.0050% / 4h8m 48s$625K$133K25x
ShortBloFin CVX-USDT2.06300.0340get 0.0170% / 4h8m 48s$83K$128K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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
$50.4
Price spread: −0.048% → −0.077%
$2.86
Slippage, 4 orders
−$72
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$42.74
Costs to cover
0.960%
Break-even
12.9 days
Slippage from Bitget: live order book, 1 min ago; BloFin: live order book, 52 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 Bitget live order book, 1 min ago4.84 bp31.0 bp −$31126.5 bp −$1,265doesn't fitdoesn't fit
Sell BloFin live order book, 52 min ago2.43 bp26.7 bp −$2760.9 bp −$609doesn't fitdoesn't fit

CVX on 13 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
Injective CVX/USDC PERP+0.0033%1h1.9790−4.118%$33K5.5xas long as short
Binance CVXUSDT+0.0100%4h2.0626−0.066%$1.7M$2.7M75xas long as short
Bybit CVXUSDT+0.0100%4h2.0634−0.029%$1.7M$824K75xas long as short
OKX CVX-USDT-SWAP+0.0100%4h2.0630−0.048%$254K$367K10xas long as short
Gate CVX_USDT+0.0100%8h2.0650+0.048%$69K$25K25xas long as short
MEXC CVX_USDT+0.0100%4h2.0620−0.097%$2.0M$491K20xas long as short
KuCoin CVXUSDTM+0.0100%4h2.0650+0.048%$820K$68K20xas long as short
Bitget CVXUSDTlong+0.0100%4h2.0640long leg$625K$133K25x
BingX CVX-USDT+0.0100%4h2.0630−0.048%$1.6Mas long as short
Variational Omni CVX+0.0100%4h2.0621−0.094%$6K$2Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin CVX-USDTshort+0.0340%4h2.0630−0.048%$83K$128K75x
GMX CVX/USD [ETH-USDC]L +0.0487% / S −0.0195%1h2.0614−0.127%$170K100xas long as short
Kraken Futures PF_CVXUSD+0.1660%1h2.0659+0.092%$111K$78K10xas long as short