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: MEXC against BloFin+0.098%7-day average +0.009% · you sell dearer than you buy

Net, funding: paid 7d − costs−$83as in the Funding arb table

Net, price: spread back to 7d avg − costs−$67as in the Price arb table

costs, in and out, $10k−$750.755% of the position

Long on BloFin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.080%−$8 on $10k

Price spread, last 4 days (all we have)−0.168%−$17 · spread now +0.098%, 7d avg +0.009%

Together, before fees−0.247%−$25 on $10k · with fees, hour by hour

The price spread pays, funding is against you. MEXC is 0.089% dearer against BloFin than usual: you sell high and buy low (spread +0.098% now, against its 7-day average of +0.009%): +$9 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 30 hours. At the pace of the last 7 days (−0.080% in total) that is about 7.9 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.080% in total (about -4.1% 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	2.0400	0.0340	pay 0.0170% / 4h	1h 06m	$81K	$151K	75x
Short	MEXC CVX_USDT	2.0420	0.0100	get 0.0050% / 4h	1h 06m	$2.1M	$511K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.098%Rate

Funding earned: −$50.4
Price spread: +0.098% → +0.009%: $8.94
Slippage, 4 orders: −$59.49
Fee BloFin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$116.95
Costs to cover: 0.755%
Break-even: never at this rate

Slippage from BloFin: live order book, 3 min ago; MEXC: live order book, 5 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, 3 min ago	9.80 bp	23.6 bp −$24	53.5 bp −$535	doesn't fit	doesn't fit
Sell MEXC live order book, 5 min ago	4.90 bp	16.5 bp −$16	51.6 bp −$516	288.6 bp −$28.9K	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	−2.990%	—	$33K	5.5x	as long as short
Binance CVXUSDT	+0.0100%	4h	2.0421	+0.102%	$1.7M	$2.6M	75x	as long as short
Bybit CVXUSDT	+0.0100%	4h	2.0446	+0.225%	$1.8M	$751K	75x	as long as short
OKX CVX-USDT-SWAP	+0.0100%	4h	2.0430	+0.147%	$247K	$313K	10x	as long as short
Gate CVX_USDT	+0.0100%	8h	2.0380	−0.098%	$68K	$21K	25x	as long as short
MEXC CVX_USDTshort	+0.0100%	4h	2.0420	+0.098%	$2.1M	$511K	20x
KuCoin CVXUSDTM	+0.0100%	4h	2.0400	0.000%	$766K	$74K	20x	as long as short
Bitget CVXUSDT	+0.0100%	4h	2.0410	+0.049%	$616K	$127K	25x	as long as short
BingX CVX-USDT	+0.0100%	4h	2.0450	+0.245%	—	$1.6M	—	as long as short
Variational Omni CVX	+0.0100%	4h	2.0424	+0.116%	$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	2.0400	long leg	$81K	$151K	75x
GMX CVX/USD [ETH-USDC]	L +0.0487% / S −0.0194%	1h	2.0402	+0.012%	$168K	—	100x	as long as short
Kraken Futures PF_CVXUSD	+0.1695%	1h	2.0453	+0.260%	$118K	$98K	10x	as long as short