Funding arb · Price arb /

CVX

all CVX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.020%

Price spread now: Bitget against Injective+4.245%7-day average — · you sell dearer than you buy

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

Long on Injective Short on Bitget

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 for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bitget is 4.245% dearer against Injective than usual: you sell high and buy low: +$424 more if the spread 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	Injective CVX/USDC PERP	1.9790	0.0033	pay 0.0004% / 1h	44m 32s	—	$33K	5.5x
Short	Bitget CVXUSDT	2.0630	0.0100	get 0.0050% / 4h	1h 44m	$625K	$123K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Injective. 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 InjectivebpFee BitgetbpOrdersPrice spread, now +4.245%Rate

Funding earned: $14
Price spread: +4.245% → 0.000%: $424.46
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Bitget: 6 bp × 2 orders: −$12
Net: $426.44
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; Bitget: live order book, 16 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 Injective no order-book sample	—	—	—	—	—
Sell Bitget live order book, 16 min ago	4.84 bp	29.0 bp −$29	96.8 bp −$968	doesn't fit	doesn't fit

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 PERPlong	+0.0033%	1h	1.9790	long leg	—	$33K	5.5x
Binance CVXUSDT	+0.0100%	4h	2.0622	+4.204%	$1.7M	$2.5M	75x	as long as short
Bybit CVXUSDT	+0.0100%	4h	2.0656	+4.376%	$1.7M	$710K	75x	as long as short
OKX CVX-USDT-SWAP	+0.0100%	4h	2.0650	+4.346%	$252K	$325K	10x	as long as short
Gate CVX_USDT	+0.0100%	8h	2.0620	+4.194%	$69K	$27K	25x	as long as short
MEXC CVX_USDT	+0.0100%	4h	2.0630	+4.245%	$2.0M	$457K	20x	as long as short
KuCoin CVXUSDTM	+0.0100%	4h	2.0640	+4.295%	$818K	$69K	20x	as long as short
Bitget CVXUSDTshort	+0.0100%	4h	2.0630	+4.245%	$625K	$123K	25x
BingX CVX-USDT	+0.0100%	4h	2.0630	+4.245%	—	$1.6M	—	as long as short
Variational Omni CVX	+0.0100%	4h	2.0623	+4.211%	$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	2.0630	+4.245%	$84K	$138K	75x	as long as short
GMX CVX/USD [ETH-USDC]	L +0.0490% / S −0.0195%	1h	2.0630	+4.243%	$170K	—	100x	as long as short
Kraken Futures PF_CVXUSD	+0.2250%	1h	2.0674	+4.468%	$119K	$86K	10x	as long as short