Funding arb · Price arb /

CVX

all CVX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Variational Omni against Bybit−0.042%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bybit Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.042% cheaper against Bybit than usual: you would sell low and buy high, −$4 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit CVXUSDT	2.0642	0.0100	pay 0.0050% / 4h	2h 08m	$1.7M	$728K	75x
Short	Variational Omni CVX	2.0633	0.0100	get 0.0050% / 4h	2h 08m	$6K	$2K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now −0.042%Rate

Funding earned: $0
Price spread: −0.042% → 0.000%: −$4.17
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$15.17
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 3 min ago; Variational Omni: no order-book sample. Net counts fees only.

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, 3 min ago	4.35 bp	30.5 bp −$31	150.1 bp −$1,501	doesn't fit	doesn't fit
Sell Variational Omni no order-book sample	—	—	—	—	—

Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

CVX on 12 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	−4.128%	—	$33K	5.5x	as long as short
Binance CVXUSDT	+0.0100%	4h	2.0620	−0.107%	$1.7M	$2.5M	75x	as long as short
Bybit CVXUSDTlong	+0.0100%	4h	2.0642	long leg	$1.7M	$728K	75x
OKX CVX-USDT-SWAP	+0.0100%	4h	2.0620	−0.107%	$253K	$326K	10x	as long as short
Gate CVX_USDT	+0.0100%	8h	2.0610	−0.155%	$69K	$26K	25x	as long as short
MEXC CVX_USDT	+0.0100%	4h	2.0640	−0.010%	$2.0M	$472K	20x	as long as short
KuCoin CVXUSDTM	+0.0100%	4h	2.0620	−0.107%	$817K	$69K	20x	as long as short
Bitget CVXUSDT	+0.0100%	4h	2.0650	+0.039%	$625K	$125K	25x	as long as short
BingX CVX-USDT	+0.0100%	4h	2.0620	−0.107%	—	$1.6M	—	as long as short
Variational Omni CVXshort	+0.0100%	4h	2.0633	−0.042%	$6K	$2K	—

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX CVX/USD [ETH-USDC]	L +0.0489% / S −0.0195%	1h	2.0618	−0.115%	$170K	—	100x	as long as short
Kraken Futures PF_CVXUSD	+0.3799%	1h	2.0672	+0.143%	$117K	$84K	10x	as long as short