Funding arb · Price arb /

CVX

all CVX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.1239%/8h= +135.7% APRpaid last 24h +0.718%

Price spread now: Kraken Futures against Gate+0.426%7-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 Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.174%+$17 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 +$37 a day on $10k at the current rate, and Kraken Futures is 0.426% dearer against Gate than usual: you sell high and buy low: +$43 more if the spread goes back to zero (this spread has no 7-day history yet).

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.174% in total (about 9.1% 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	2.0560	0.0100	pay 0.0100% / 8h	4h 01m	$69K	$23K	25x
Short	Kraken Futures PF_CVXUSD	2.0648	0.1339	get 0.0167% / 1h	1m 41s	$124K	$93K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +0.426%Rate

Funding earned: $260.23
Price spread: +0.426% → 0.000%: $42.61
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $277.84
Costs to cover: 0.250%
Break-even: from the start

Slippage unknown: Gate: no order-book sample; Kraken Futures: live order book, 55 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 Kraken Futures live order book, 55 min ago	20.46 bp	43.5 bp −$43	doesn't fit	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	−3.745%	—	$33K	5.5x	as long as short
Binance CVXUSDT	+0.0100%	4h	2.0574	+0.067%	$1.7M	$2.6M	75x	as long as short
Bybit CVXUSDT	+0.0100%	4h	2.0628	+0.331%	$1.8M	$714K	75x	as long as short
OKX CVX-USDT-SWAP	+0.0100%	4h	2.0600	+0.195%	$251K	$316K	10x	as long as short
Gate CVX_USDTlong	+0.0100%	8h	2.0560	long leg	$69K	$23K	25x
MEXC CVX_USDT	+0.0100%	4h	2.0570	+0.049%	$1.8M	$489K	20x	as long as short
KuCoin CVXUSDTM	+0.0100%	4h	2.0590	+0.146%	$815K	$69K	20x	as long as short
Bitget CVXUSDT	+0.0100%	4h	2.0610	+0.243%	$624K	$128K	25x	as long as short
BingX CVX-USDT	+0.0100%	4h	2.0580	+0.097%	—	$1.6M	—	as long as short
Variational Omni CVX	+0.0100%	4h	2.0560	+0.002%	$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	2.0530	−0.146%	$83K	$149K	75x	as long as short
GMX CVX/USD [ETH-USDC]	L +0.0490% / S −0.0195%	1h	2.0553	−0.032%	$170K	—	100x	as long as short
Kraken Futures PF_CVXUSDshort	+0.1339%	1h	2.0648	+0.426%	$124K	$93K	10x