Funding you earn now, next payment 22:00 UTC−1.3540%/8h= −1482.6% APRnext payment −$16.92 per $10,000 · paid last 24h −0.230%
Price spread now: Injective against Kraken Futures−4.359%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 −$406 a day on $10k at the current rate, and Injective is 4.359% cheaper against Kraken Futures than usual: you would sell low and buy high (−$436 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_CVXUSD | 2.0692 | 1.3573 | pay 0.1697% / 1h | 28m 48s | $116K | $63K | 10x |
| Short | Injective CVX/USDC PERP | 1.9790 | 0.0033 | get 0.0004% / 1h | 28m 48s | — | $33K | 5.5x |
Kraken Futures PF_CVXUSD
Injective CVX/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Kraken Futures. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$2,843.35
- Price spread: −4.359% → 0.000%
- −$435.91
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$3,289.28
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 58 min ago; 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 Kraken Futures live order book, 58 min ago | 47.43 bp | 1301.8 bp −$1,302 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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 | −4.359% | — | $33K | 5.5x | |
| Binance CVXUSDT | +0.0100% | 4h | 2.0666 | −0.125% | $1.7M | $2.8M | 75x | as long as short |
| Bybit CVXUSDT | +0.0100% | 4h | 2.0661 | −0.150% | $1.7M | $824K | 75x | as long as short |
| OKX CVX-USDT-SWAP | +0.0100% | 4h | 2.0640 | −0.251% | $254K | $379K | 10x | as long as short |
| Gate CVX_USDT | +0.0100% | 8h | 2.0670 | −0.106% | $69K | $25K | 25x | as long as short |
| MEXC CVX_USDT | +0.0100% | 4h | 2.0660 | −0.155% | $2.0M | $480K | 20x | as long as short |
| KuCoin CVXUSDTM | +0.0100% | 4h | 2.0660 | −0.155% | $826K | $67K | 20x | as long as short |
| Bitget CVXUSDT | +0.0100% | 4h | 2.0660 | −0.155% | $628K | $131K | 25x | as long as short |
| BingX CVX-USDT | +0.0100% | 4h | 2.0650 | −0.203% | — | $1.6M | — | as long as short |
| Variational Omni CVX | +0.0100% | 4h | 2.0676 | −0.077% | $6K | $2K | — | as long as short |
Binance CVXUSDT
Bybit CVXUSDT
OKX CVX-USDT-SWAP
Gate CVX_USDT
MEXC CVX_USDT
KuCoin CVXUSDTM
Bitget CVXUSDT
BingX CVX-USDT
Variational Omni CVXShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin CVX-USDT | +0.0340% | 4h | 2.0670 | −0.106% | $83K | $129K | 75x | as long as short |
| GMX CVX/USD [ETH-USDC] | L +0.0481% / S −0.0190% | 1h | 2.0659 | −0.158% | $169K | — | 100x | as long as short |
| Kraken Futures PF_CVXUSDlong | +1.3573% | 1h | 2.0692 | long leg | $116K | $63K | 10x |
BloFin CVX-USDT
GMX CVX/USD [ETH-USDC]