Funding arb · Price arb /

CVX

all CVX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.020%

Price spread now: Injective against Gate−4.257%114s7-day average — · you buy dearer than you sell

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

Long on Gate Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 4.257% cheaper against Gate than usual: you would sell low and buy high (−$426 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 114 seconds apart, so part of this spread may be the market moving, not a spread.

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 19m	$69K	$26K	25x
Short	Injective CVX/USDC PERP	1.9790	0.0033	get 0.0004% / 1h	19m 27s	—	$33K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now −4.257%Rate

Funding earned: −$14
Price spread: −4.257% → 0.000%: −$425.74
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$454.76
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Gate: no order-book sample; Injective: 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 Gate no order-book sample	—	—	—	—	—
Sell Injective no order-book sample	—	—	—	—	—

Gate and Injective: 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 PERPshort	+0.0033%	1h	1.9790	−4.257%	—	$33K	5.5x
Binance CVXUSDT	+0.0100%	4h	2.0678	+0.037%	$1.7M	$2.6M	75x	as long as short
Bybit CVXUSDT	+0.0100%	4h	2.0677	+0.034%	$1.7M	$743K	75x	as long as short
OKX CVX-USDT-SWAP	+0.0100%	4h	2.0690	+0.097%	$255K	$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	2.0700	+0.145%	$820K	$69K	20x	as long as short
Bitget CVXUSDT	+0.0100%	4h	2.0690	+0.097%	$626K	$131K	25x	as long as short
BingX CVX-USDT	+0.0100%	4h	2.0690	+0.097%	—	$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-USDT	+0.0340%	4h	2.0700	+0.145%	$84K	$130K	75x	as long as short
GMX CVX/USD [ETH-USDC]	L +0.0488% / S −0.0195%	1h	2.0664	−0.029%	$171K	—	100x	as long as short
Kraken Futures PF_CVXUSD	+0.1570%	1h	2.0720	+0.243%	$112K	$79K	10x	as long as short