Funding arb · Price arb /

CVX

all CVX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0240%/8h= +26.3% APRpaid last 24h +0.023%

Price spread now: BloFin against Gate+0.048%63s7-day average — · you sell dearer than you buy

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

Long on Gate 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 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.048% dearer against Gate than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 63 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. 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	Gate CVX_USDT	2.0670	0.0100	pay 0.0100% / 8h	7h 18m	$69K	$26K	25x
Short	BloFin CVX-USDT	2.0680	0.0340	get 0.0170% / 4h	3h 18m	$84K	$130K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Gate. 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 GatebpFee BloFinbpOrdersPrice spread, now +0.048%Rate

Funding earned: $50.4
Price spread: +0.048% → 0.000%: $4.84
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BloFin: 6 bp × 2 orders: −$12
Net: $28.24
Costs to cover: 0.270%
Break-even: 3.1 days

Slippage unknown: Gate: no order-book sample; BloFin: live order book, 38 min ago. 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 Gate no order-book sample	—	—	—	—	—
Sell BloFin live order book, 38 min ago	2.42 bp	13.1 bp −$13	44.4 bp −$444	doesn't fit	doesn't fit

Gate: 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 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	−4.257%	—	$33K	5.5x	as long as short
Binance CVXUSDT	+0.0100%	4h	2.0690	+0.097%	$1.7M	$2.6M	75x	as long as short
Bybit CVXUSDT	+0.0100%	4h	2.0691	+0.102%	$1.7M	$744K	75x	as long as short
OKX CVX-USDT-SWAP	+0.0100%	4h	2.0670	0.000%	$254K	$352K	10x	as long as short
Gate CVX_USDTlong	+0.0100%	8h	2.0670	long leg	$69K	$26K	25x
MEXC CVX_USDT	+0.0100%	4h	2.0670	0.000%	$2.0M	$494K	20x	as long as short
KuCoin CVXUSDTM	+0.0100%	4h	2.0690	+0.097%	$819K	$69K	20x	as long as short
Bitget CVXUSDT	+0.0100%	4h	2.0700	+0.145%	$626K	$131K	25x	as long as short
BingX CVX-USDT	+0.0100%	4h	2.0680	+0.048%	—	$1.6M	—	as long as short
Variational Omni CVX	+0.0100%	4h	2.0686	+0.078%	$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	2.0680	+0.048%	$84K	$130K	75x
GMX CVX/USD [ETH-USDC]	L +0.0488% / S −0.0195%	1h	2.0644	−0.125%	$170K	—	100x	as long as short
Kraken Futures PF_CVXUSD	+0.1571%	1h	2.0708	+0.181%	$112K	$79K	10x	as long as short