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 − costs—prices read too far apart to compare
costs, in and out, $10k−$4654.649% of the position
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin CVXUSDTM | 2.0350 | 0.0100 | pay 0.0050% / 4h | 2h 12m | $764K | $86K | 20x |
| Short | BloFin CVX-USDT | 2.0380 | 0.0340 | get 0.0170% / 4h | 2h 12m | $81K | $151K | 75x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 7 min ago | 14.79 bp | 228.8 bp −$229 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 2 min ago | 4.91 bp | 31.2 bp −$31 | 81.6 bp −$816 | doesn't fit | doesn't fit |
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 PERP | +0.0033% | 1h | 1.9790 | −2.752% | — | $33K | 5.5x | as long as short |
| Binance CVXUSDT | +0.0100% | 4h | 2.0370 | +0.099% | $1.7M | $2.6M | 75x | as long as short |
| Bybit CVXUSDT | +0.0100% | 4h | 2.0394 | +0.216% | $1.8M | $756K | 75x | as long as short |
| OKX CVX-USDT-SWAP | +0.0100% | 4h | 2.0390 | +0.197% | $246K | $318K | 10x | as long as short |
| Gate CVX_USDT | +0.0100% | 8h | 2.0350 | 0.000% | $68K | $23K | 25x | as long as short |
| MEXC CVX_USDT | +0.0100% | 4h | 2.0360 | +0.049% | $2.0M | $505K | 20x | as long as short |
| KuCoin CVXUSDTMlong | +0.0100% | 4h | 2.0350 | long leg | $764K | $86K | 20x | |
| Bitget CVXUSDT | +0.0100% | 4h | 2.0370 | +0.098% | $615K | $134K | 25x | as long as short |
| BingX CVX-USDT | +0.0100% | 4h | 2.0370 | +0.098% | — | $1.6M | — | as long as short |
| Variational Omni CVX | +0.0100% | 4h | 2.0332 | −0.090% | $5K | $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-USDTshort | +0.0340% | 4h | 2.0380 | +0.147% | $81K | $151K | 75x | |
| GMX CVX/USD [ETH-USDC] | L +0.0486% / S −0.0194% | 1h | 2.0353 | +0.014% | $168K | — | 100x | as long as short |
| Kraken Futures PF_CVXUSD | +0.6116% | 1h | 2.0385 | +0.174% | $118K | $100K | 10x | as long as short |
KuCoin CVXUSDTM
BloFin CVX-USDT
Injective CVX/USDC PERP
Binance CVXUSDT
Bybit CVXUSDT
OKX CVX-USDT-SWAP
Gate CVX_USDT
MEXC CVX_USDT
Bitget CVXUSDT
BingX CVX-USDT
Variational Omni CVX
GMX CVX/USD [ETH-USDC]
Kraken Futures PF_CVXUSD