CVX

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: BingX against BloFin+0.099%7-day average +0.039% · you sell dearer than you buy

Net, funding: paid 7d − costs−$97as in the Funding arb table

Net, price: spread back to 7d avg − costs−$90as in the Price arb table

costs, in and out, $10k−$960.958% of the position

Long on BloFin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.014%−$1 on $10k

Price spread, last 4 days (all we have)−0.124%−$12 · spread now +0.099%, 7d avg +0.039%

Together, before fees−0.138%−$14 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BingX is 0.060% dearer against BloFin than usual: you sell high and buy low (spread +0.099% now, against its 7-day average of +0.039%): +$6 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 20 hours. At the pace of the last 7 days (−0.014% in total) that is about 31 days.

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	BloFin CVX-USDT	2.0170	0.0340	pay 0.0170% / 4h	2h 38m	$81K	$149K	75x
Short	BingX CVX-USDT	2.0190	0.0100	get 0.0050% / 4h	2h 38m	—	$1.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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

Position, each leg$Hold fordaysFee BloFinbpFee BingXbpOrdersPrice spread, now +0.099%Rate

Funding earned: −$50.4
Price spread: +0.099% → +0.039%: $6.02
Slippage, 4 orders: −$73.82
Fee BloFin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$140.2
Costs to cover: 0.958%
Break-even: never at this rate

Slippage from BloFin: live order book, 41 min ago; BingX: live order book, 3 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 BloFin live order book, 41 min ago	2.43 bp	23.1 bp −$23	60.6 bp −$606	doesn't fit	doesn't fit
Sell BingX live order book, 3 min ago	7.38 bp	31.1 bp −$31	76.3 bp −$763	664.5 bp −$66.5K	1176.8 bp −$588.4K

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	−1.884%	—	$33K	5.5x	as long as short
Binance CVXUSDT	+0.0100%	4h	2.0180	+0.050%	$1.7M	$2.6M	75x	as long as short
Bybit CVXUSDT	+0.0100%	4h	2.0180	+0.050%	$1.7M	$749K	75x	as long as short
OKX CVX-USDT-SWAP	+0.0100%	4h	2.0170	0.000%	$244K	$314K	10x	as long as short
Gate CVX_USDT	+0.0100%	8h	2.0160	−0.050%	$68K	$23K	25x	as long as short
MEXC CVX_USDT	+0.0100%	4h	2.0160	−0.050%	$2.0M	$502K	20x	as long as short
KuCoin CVXUSDTM	+0.0100%	4h	2.0180	+0.050%	$800K	$71K	20x	as long as short
Bitget CVXUSDT	+0.0100%	4h	2.0180	+0.050%	$610K	$129K	25x	as long as short
BingX CVX-USDTshort	+0.0100%	4h	2.0190	+0.099%	—	$1.6M	—
Variational Omni CVX	+0.0100%	4h	2.0333	+0.809%	$5K	$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-USDTlong	+0.0340%	4h	2.0170	long leg	$81K	$149K	75x
GMX CVX/USD [ETH-USDC]	L +0.0486% / S −0.0194%	1h	2.0177	+0.033%	$167K	—	100x	as long as short
Kraken Futures PF_CVXUSD	+0.6144%	1h	2.0294	+0.613%	$117K	$100K	10x	as long as short