CVX

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.048%

Price spread now: BloFin against MEXC+0.098%7-day average −0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs−$69as in the Funding arb table

Net, price: spread back to 7d avg − costs−$66as in the Price arb table

costs, in and out, $10k−$770.770% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.080%+$8 on $10k

Price spread, last 4 days (all we have)+0.015%+$1 · spread now +0.098%, 7d avg −0.008%

Together, before fees+0.094%+$9 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 0.106% dearer against MEXC than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.008%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.080% in total (about 4.1% 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 are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC CVX_USDT	2.0500	0.0100	pay 0.0050% / 4h	11m 05s	$2.2M	$447K	20x
Short	BloFin CVX-USDT	2.0520	0.0340	get 0.0170% / 4h	11m 05s	$81K	$137K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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 MEXCbpFee BloFinbpOrdersPrice spread, now +0.098%Rate

Funding earned: $50.4
Price spread: +0.098% → −0.008%: $10.57
Slippage, 4 orders: −$60.96
Fee MEXC: 2 bp × 2 orders: −$4
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$15.99
Costs to cover: 0.770%
Break-even: 9.2 days

Slippage from MEXC: live order book, 4 min ago; BloFin: live order book, 13 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 MEXC live order book, 4 min ago	2.44 bp	11.0 bp −$11	50.7 bp −$507	314.1 bp −$31.4K	doesn't fit
Sell BloFin live order book, 13 min ago	7.35 bp	32.2 bp −$32	71.3 bp −$713	doesn't fit	doesn't fit

CVX on 13 exchanges

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
Gate CVX_USDT	−0.0045%	8h	2.0500	0.000%	$71K	$23K	25x	as long as short
Injective CVX/USDC PERP	+0.0033%	1h	1.9790	−3.463%	—	$33K	5.5x	as long as short
KuCoin CVXUSDTM	+0.0094%	4h	2.0490	−0.049%	$772K	$71K	20x	as long as short
Binance CVXUSDT	+0.0100%	4h	2.0500	0.000%	$1.7M	$2.2M	75x	as long as short
Bybit CVXUSDT	+0.0100%	4h	2.0530	+0.146%	$1.8M	$582K	75x	as long as short
OKX CVX-USDT-SWAP	+0.0100%	4h	2.0510	+0.049%	$247K	$265K	10x	as long as short
MEXC CVX_USDTlong	+0.0100%	4h	2.0500	long leg	$2.2M	$447K	20x
Bitget CVXUSDT	+0.0100%	4h	2.0520	+0.098%	$624K	$122K	25x	as long as short
BingX CVX-USDT	+0.0100%	4h	2.0520	+0.098%	—	$1.6M	—	as long as short
Variational Omni CVX	+0.0100%	4h	2.0502	+0.011%	$6K	$2K	—	as long as short

Show all 13 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin CVX-USDTshort	+0.0340%	4h	2.0520	+0.098%	$81K	$137K	75x
GMX CVX/USD [ETH-USDC]	L +0.0488% / S −0.0194%	1h	2.0493	−0.032%	$169K	—	100x	as long as short
Kraken Futures PF_CVXUSD	+0.0588%	1h	2.0528	+0.134%	$118K	$98K	10x	as long as short