CVX

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.023%

Price spread now: BloFin against Bybit+0.053%7-day average −0.041% · you sell dearer than you buy

Net, funding: paid 7d − costs−$110as in the Funding arb table

Net, price: spread back to 7d avg − costs−$102as in the Price arb table

costs, in and out, $10k−$1111.113% of the position

Long on Bybit Short on BloFin

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)−0.053%−$5 · spread now +0.053%, 7d avg −0.041%

Together, before fees−0.040%−$4 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.094% dearer against Bybit than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.041%.

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	Bybit CVXUSDT	2.0649	0.0100	pay 0.0050% / 4h	3h 39m	$1.7M	$800K	75x
Short	BloFin CVX-USDT	2.0660	0.0340	get 0.0170% / 4h	3h 39m	$84K	$130K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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 BybitbpFee BloFinbpOrdersPrice spread, now +0.053%Rate

Funding earned: $50.4
Price spread: +0.053% → −0.041%: $9.45
Slippage, 4 orders: −$88.32
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$51.47
Costs to cover: 1.113%
Break-even: 14.1 days

Slippage from Bybit: live order book, 2 min ago; BloFin: live order book, 16 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 Bybit live order book, 2 min ago	3.63 bp	31.3 bp −$31	148.8 bp −$1,488	doesn't fit	doesn't fit
Sell BloFin live order book, 16 min ago	2.42 bp	13.1 bp −$13	44.4 bp −$444	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	−4.160%	—	$33K	5.5x	as long as short
Binance CVXUSDT	+0.0100%	4h	2.0643	−0.030%	$1.7M	$2.7M	75x	as long as short
Bybit CVXUSDTlong	+0.0100%	4h	2.0649	long leg	$1.7M	$800K	75x
OKX CVX-USDT-SWAP	+0.0100%	4h	2.0650	+0.005%	$254K	$359K	10x	as long as short
Gate CVX_USDT	+0.0100%	8h	2.0650	+0.005%	$69K	$25K	25x	as long as short
MEXC CVX_USDT	+0.0100%	4h	2.0650	+0.005%	$2.0M	$493K	20x	as long as short
KuCoin CVXUSDTM	+0.0100%	4h	2.0670	+0.102%	$819K	$69K	20x	as long as short
Bitget CVXUSDT	+0.0100%	4h	2.0650	+0.005%	$625K	$132K	25x	as long as short
BingX CVX-USDT	+0.0100%	4h	2.0650	+0.005%	—	$1.6M	—	as long as short
Variational Omni CVX	+0.0100%	4h	2.0678	+0.142%	$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-USDTshort	+0.0340%	4h	2.0660	+0.053%	$84K	$130K	75x
GMX CVX/USD [ETH-USDC]	L +0.0487% / S −0.0195%	1h	2.0609	−0.196%	$170K	—	100x	as long as short
Kraken Futures PF_CVXUSD	+0.1574%	1h	2.0659	+0.051%	$111K	$79K	10x	as long as short