CVX

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: Bitget against BloFin−0.145%105s7-day average +0.077% · you buy dearer than you sell

Net, funding: paid 7d − costs−$106as 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−$1051.047% of the position

Long on BloFin Short on Bitget

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)+0.182%+$18 · spread now −0.145%, 7d avg +0.077%

Together, before fees+0.168%+$17 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Bitget is 0.222% cheaper against BloFin than usual: you would sell low and buy high (−$22 if the spread goes back to its 7-day average of +0.077%). Swap the legs. The two prices were read 105 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	BloFin CVX-USDT	2.0640	0.0340	pay 0.0170% / 4h	31m 35s	$83K	$126K	75x
Short	Bitget CVXUSDT	2.0610	0.0100	get 0.0050% / 4h	31m 35s	$625K	$133K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.145%Rate

Funding earned: −$50.4
Price spread: −0.145% → +0.077%: −$22.24
Slippage, 4 orders: −$80.72
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$177.35
Costs to cover: 1.047%
Break-even: never at this rate

Slippage from BloFin: live order book, 29 min ago; Bitget: live order book, 44 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, 29 min ago	2.43 bp	11.3 bp −$11	44.6 bp −$446	doesn't fit	doesn't fit
Sell Bitget live order book, 44 min ago	4.87 bp	36.3 bp −$36	93.1 bp −$931	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	2.0620	−0.097%	$1.7M	$2.7M	75x	as long as short
Bybit CVXUSDT	+0.0100%	4h	2.0632	−0.039%	$1.7M	$825K	75x	as long as short
OKX CVX-USDT-SWAP	+0.0100%	4h	2.0620	−0.097%	$254K	$366K	10x	as long as short
Gate CVX_USDT	+0.0100%	8h	2.0630	−0.048%	$69K	$25K	25x	as long as short
MEXC CVX_USDT	+0.0100%	4h	2.0620	−0.097%	$2.0M	$489K	20x	as long as short
KuCoin CVXUSDTM	+0.0100%	4h	2.0660	+0.097%	$819K	$67K	20x	as long as short
Bitget CVXUSDTshort	+0.0100%	4h	2.0610	−0.145%	$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	2.0662	+0.105%	$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-USDTlong	+0.0340%	4h	2.0640	long leg	$83K	$126K	75x
GMX CVX/USD [ETH-USDC]	L +0.0479% / S −0.0190%	1h	2.0620	−0.097%	$168K	—	100x	as long as short
Kraken Futures PF_CVXUSD	+0.1660%	1h	2.0657	+0.081%	$111K	$76K	10x	as long as short