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

CVX

all CVX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0240%/8h= −26.3% APRnext payment $1.20 per $10,000 · paid last 24h −0.034%
Price spread now: Binance against BloFin+0.116%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$860.862% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.081%−$8 on $10k
Price spread, last 4 days (all we have)−0.231%−$23 · spread now +0.116%, 7d avg +0.004%
Together, before fees−0.311%−$31 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Binance is 0.111% dearer against BloFin than usual: you sell high and buy low (spread +0.116% now, against its 7-day average of +0.004%): +$11 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 37 hours. At the pace of the last 7 days (−0.081% in total) that is about 9.6 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.081% in total (about -4.2% 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
LongBloFin CVX-USDT2.01700.0340pay 0.0170% / 4h2h 38m$81K$149K75x
ShortBinance CVXUSDT2.01930.0100get 0.0050% / 4h2h 38m$1.7M$2.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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: +0.116% → +0.004%
$11.1
Slippage, 4 orders
−$64.25
Fee BloFin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$125.55
Costs to cover
0.862%
Break-even
never at this rate
Slippage from BloFin: live order book, 41 min ago; Binance: live order book, 11 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 BloFin live order book, 41 min ago2.43 bp23.1 bp −$2360.6 bp −$606doesn't fitdoesn't fit
Sell Binance live order book, 11 min ago2.45 bp26.6 bp −$2786.1 bp −$861doesn'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%1h1.9790−1.884%$33K5.5xas long as short
Binance CVXUSDTshort+0.0100%4h2.0193+0.116%$1.7M$2.6M75x
Bybit CVXUSDT+0.0100%4h2.0178+0.040%$1.7M$749K75xas long as short
OKX CVX-USDT-SWAP+0.0100%4h2.01700.000%$244K$314K10xas long as short
Gate CVX_USDT+0.0100%8h2.0160−0.050%$68K$23K25xas long as short
MEXC CVX_USDT+0.0100%4h2.0210+0.198%$2.0M$502K20xas long as short
KuCoin CVXUSDTM+0.0100%4h2.0180+0.050%$800K$71K20xas long as short
Bitget CVXUSDT+0.0100%4h2.0180+0.050%$610K$129K25xas long as short
BingX CVX-USDT+0.0100%4h2.0190+0.099%$1.6Mas long as short
Variational Omni CVX+0.0100%4h2.0333+0.809%$5K$2Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin CVX-USDTlong+0.0340%4h2.0170long leg$81K$149K75x
GMX CVX/USD [ETH-USDC]L +0.0486% / S −0.0194%1h2.0177+0.033%$167K100xas long as short
Kraken Futures PF_CVXUSD+0.6144%1h2.0294+0.613%$117K$100K10xas long as short