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: Bybit against BloFin0.000%72s7-day average +0.043% · you sell dearer than you buy

Net, funding: paid 7d − costs−$98as 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−$970.970% of the position

Long on BloFin Short on Bybit

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)−0.129%−$13 · spread now 0.000%, 7d avg +0.043%

Together, before fees−0.143%−$14 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 Bybit is 0.043% cheaper against BloFin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.043%). Swap the legs. The two prices were read 72 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	2.0700	0.0340	pay 0.0170% / 4h	2h 44m	$85K	$129K	75x
Short	Bybit CVXUSDT	2.0700	0.0100	get 0.0050% / 4h	2h 44m	$1.7M	$833K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$50.4
Price spread: 0.000% → +0.043%: −$4.25
Slippage, 4 orders: −$73.99
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$151.65
Costs to cover: 0.970%
Break-even: never at this rate

Slippage from BloFin: live order book, 36 min ago; Bybit: live order book, 2 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, 36 min ago	4.81 bp	25.0 bp −$25	63.0 bp −$630	doesn't fit	doesn't fit
Sell Bybit live order book, 2 min ago	4.11 bp	23.3 bp −$23	112.6 bp −$1,126	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	−4.396%	—	$33K	5.5x	as long as short
Binance CVXUSDT	+0.0100%	4h	2.0681	−0.092%	$1.7M	$2.7M	75x	as long as short
Bybit CVXUSDTshort	+0.0100%	4h	2.0700	0.000%	$1.7M	$833K	75x
OKX CVX-USDT-SWAP	+0.0100%	4h	2.0690	−0.048%	$254K	$378K	10x	as long as short
Gate CVX_USDT	+0.0100%	8h	2.0680	−0.097%	$69K	$25K	25x	as long as short
MEXC CVX_USDT	+0.0100%	4h	2.0680	−0.097%	$2.1M	$479K	20x	as long as short
KuCoin CVXUSDTM	+0.0100%	4h	2.0710	+0.048%	$828K	$67K	20x	as long as short
Bitget CVXUSDT	+0.0100%	4h	2.0690	−0.048%	$646K	$122K	25x	as long as short
BingX CVX-USDT	+0.0100%	4h	2.0680	−0.097%	—	$1.6M	—	as long as short
Variational Omni CVX	+0.0100%	4h	2.0707	+0.032%	$6K	$2K	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX CVX/USD [ETH-USDC]	L +0.0190% / S +0.0349%	1h	2.0694	−0.028%	$210K	—	100x	as long as short
BloFin CVX-USDTlong	+0.0340%	4h	2.0700	long leg	$85K	$129K	75x
Kraken Futures PF_CVXUSD	+1.3473%	1h	2.0846	+0.707%	$116K	$62K	10x	as long as short