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

CVX

all CVX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.6064%/8h= +664.0% APRnext payment +$7.58 per $10,000 · paid last 24h +0.767%
Price spread now: Kraken Futures against Injective+3.330%63s7-day average · you sell dearer than you buy
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 4 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 for this trade now. Funding pays +$182 a day on $10k at the current rate, and Kraken Futures is 3.330% dearer against Injective than usual: you sell high and buy low: +$333 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective CVX/USDC PERP1.97900.0033pay 0.0004% / 1h55m 53s$33K5.5x
ShortKraken Futures PF_CVXUSD2.04490.6097get 0.0762% / 1h55m 53s$118K$100K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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

Funding earned
$1,273.43
Price spread: +3.330% → 0.000%
$332.98
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$1,596.39
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Kraken Futures: live order book, 56 min ago. 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 Injective no order-book sample
Sell Kraken Futures live order book, 56 min ago34.34 bp48.1 bp −$48doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective CVX/USDC PERPlong+0.0033%1h1.9790long leg$33K5.5x
Binance CVXUSDT+0.0100%4h2.0384+3.001%$1.7M$2.6M75xas long as short
Bybit CVXUSDT+0.0100%4h2.0411+3.138%$1.8M$730K75xas long as short
OKX CVX-USDT-SWAP+0.0100%4h2.0430+3.234%$247K$316K10xas long as short
Gate CVX_USDT+0.0100%8h2.0410+3.133%$69K$22K25xas long as short
MEXC CVX_USDT+0.0100%4h2.0400+3.082%$2.1M$500K20xas long as short
KuCoin CVXUSDTM+0.0100%4h2.0430+3.234%$810K$71K20xas long as short
Bitget CVXUSDT+0.0100%4h2.0390+3.032%$617K$128K25xas long as short
BingX CVX-USDT+0.0100%4h2.0410+3.133%$1.6Mas long as short
Variational Omni CVX+0.0100%4h2.0438+3.274%$5K$2Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin CVX-USDT+0.0340%4h2.0440+3.284%$83K$151K75xas long as short
GMX CVX/USD [ETH-USDC]L +0.0488% / S −0.0195%1h2.0390+3.030%$168K100xas long as short
Kraken Futures PF_CVXUSDshort+0.6097%1h2.0449+3.330%$118K$100K10x