Settings8H · net · $10k
Funding arb · Price arb /

CVX

all CVX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0446%/8h= −48.8% APRnext payment $0.56 per $10,000 · paid last 24h −0.167%
Price spread now: Injective against GMX−4.208%57s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Injective is 4.208% cheaper against GMX than usual: you would sell low and buy high (−$421 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX CVX/USD [ETH-USDC]2.0659L +0.0479% / S −0.0190%pay 0.0060% / 1h55m 26s$169K100x
ShortInjective CVX/USDC PERP1.97900.0033get 0.0004% / 1h55m 26s$33K5.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against GMX. 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

Funding earned
−$93.6
Price spread: −4.208% → 0.000%
−$420.75
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$526.37
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: GMX: 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
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell Injective no order-book sample
GMX 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective CVX/USDC PERPshort+0.0033%1h1.9790−4.208%$33K5.5x
Binance CVXUSDT+0.0100%4h2.0700+0.197%$1.7M$2.7M75xas long as short
Bybit CVXUSDT+0.0100%4h2.0717+0.280%$1.7M$814K75xas long as short
OKX CVX-USDT-SWAP+0.0100%4h2.0730+0.343%$255K$373K10xas long as short
Gate CVX_USDT+0.0100%8h2.0660+0.004%$69K$25K25xas long as short
MEXC CVX_USDT+0.0100%4h2.0710+0.246%$2.0M$488K20xas long as short
KuCoin CVXUSDTM+0.0100%4h2.0680+0.100%$821K$67K20xas long as short
Bitget CVXUSDT+0.0100%4h2.0690+0.149%$628K$131K25xas long as short
BingX CVX-USDT+0.0100%4h2.0720+0.294%$1.6Mas long as short
Variational Omni CVX+0.0100%4h2.0562−0.472%$6K$2Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin CVX-USDT+0.0340%4h2.0640−0.093%$83K$126K75xas long as short
GMX CVX/USD [ETH-USDC]longL +0.0479% / S −0.0190%1h2.0659long leg$169K100x
Kraken Futures PF_CVXUSD+0.1658%1h2.0684+0.120%$111K$73K10xas long as short