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

CVX

all CVX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.034%
Price spread now: BloFin against KuCoin+0.147%65s7-day average −0.111% · you sell dearer than you buy
Net, funding: paid 7d − costs−$464as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$4654.649% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.014%+$1 on $10k
Price spread, last 4 days (all we have)−0.147%−$15 · spread now +0.147%, 7d avg −0.111%
Together, before fees−0.134%−$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.259% dearer against KuCoin than usual: you sell high and buy low: +$26 more if the spread goes back to its 7-day average of −0.111%. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.014% in total (about 0.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.20 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin CVXUSDTM2.03500.0100pay 0.0050% / 4h2h 12m$764K$86K20x
ShortBloFin CVX-USDT2.03800.0340get 0.0170% / 4h2h 12m$81K$151K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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
$50.4
Price spread: +0.147% → −0.111%
$25.87
Slippage, 4 orders
−$440.86
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$388.59
Costs to cover
4.649%
Break-even
61.0 days
Slippage from KuCoin: live order book, 7 min ago; BloFin: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 7 min ago14.79 bp228.8 bp −$229doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 2 min ago4.91 bp31.2 bp −$3181.6 bp −$816doesn't fitdoesn't fit

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 PERP+0.0033%1h1.9790−2.752%$33K5.5xas long as short
Binance CVXUSDT+0.0100%4h2.0370+0.099%$1.7M$2.6M75xas long as short
Bybit CVXUSDT+0.0100%4h2.0394+0.216%$1.8M$756K75xas long as short
OKX CVX-USDT-SWAP+0.0100%4h2.0390+0.197%$246K$318K10xas long as short
Gate CVX_USDT+0.0100%8h2.03500.000%$68K$23K25xas long as short
MEXC CVX_USDT+0.0100%4h2.0360+0.049%$2.0M$505K20xas long as short
KuCoin CVXUSDTMlong+0.0100%4h2.0350long leg$764K$86K20x
Bitget CVXUSDT+0.0100%4h2.0370+0.098%$615K$134K25xas long as short
BingX CVX-USDT+0.0100%4h2.0370+0.098%$1.6Mas long as short
Variational Omni CVX+0.0100%4h2.0332−0.090%$5K$2Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin CVX-USDTshort+0.0340%4h2.0380+0.147%$81K$151K75x
GMX CVX/USD [ETH-USDC]L +0.0486% / S −0.0194%1h2.0353+0.014%$168K100xas long as short
Kraken Futures PF_CVXUSD+0.6116%1h2.0385+0.174%$118K$100K10xas long as short