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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget CVXUSDT | 2.0640 | 0.0100 | pay 0.0050% / 4h | 8m 48s | $625K | $133K | 25x |
| Short | BloFin CVX-USDT | 2.0630 | 0.0340 | get 0.0170% / 4h | 8m 48s | $83K | $128K | 75x |
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 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: −0.048% → −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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 1 min ago | 4.84 bp | 31.0 bp −$31 | 126.5 bp −$1,265 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 52 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 | −4.118% | — | $33K | 5.5x | as long as short |
| Binance CVXUSDT | +0.0100% | 4h | 2.0626 | −0.066% | $1.7M | $2.7M | 75x | as long as short |
| Bybit CVXUSDT | +0.0100% | 4h | 2.0634 | −0.029% | $1.7M | $824K | 75x | as long as short |
| OKX CVX-USDT-SWAP | +0.0100% | 4h | 2.0630 | −0.048% | $254K | $367K | 10x | as long as short |
| Gate CVX_USDT | +0.0100% | 8h | 2.0650 | +0.048% | $69K | $25K | 25x | as long as short |
| MEXC CVX_USDT | +0.0100% | 4h | 2.0620 | −0.097% | $2.0M | $491K | 20x | as long as short |
| KuCoin CVXUSDTM | +0.0100% | 4h | 2.0650 | +0.048% | $820K | $68K | 20x | as long as short |
| Bitget CVXUSDTlong | +0.0100% | 4h | 2.0640 | long leg | $625K | $133K | 25x | |
| BingX CVX-USDT | +0.0100% | 4h | 2.0630 | −0.048% | — | $1.6M | — | as long as short |
| Variational Omni CVX | +0.0100% | 4h | 2.0621 | −0.094% | $6K | $2K | — | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin CVX-USDTshort | +0.0340% | 4h | 2.0630 | −0.048% | $83K | $128K | 75x | |
| GMX CVX/USD [ETH-USDC] | L +0.0487% / S −0.0195% | 1h | 2.0614 | −0.127% | $170K | — | 100x | as long as short |
| Kraken Futures PF_CVXUSD | +0.1660% | 1h | 2.0659 | +0.092% | $111K | $78K | 10x | as long as short |
Bitget CVXUSDT
BloFin CVX-USDT
Injective CVX/USDC PERP
Binance CVXUSDT
Bybit CVXUSDT
OKX CVX-USDT-SWAP
Gate CVX_USDT
MEXC CVX_USDT
KuCoin CVXUSDTM
BingX CVX-USDT
Variational Omni CVX
GMX CVX/USD [ETH-USDC]
Kraken Futures PF_CVXUSD