CVX

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.023%

Price spread now: Binance against BloFin−0.555%451s7-day average +0.003% · you buy dearer than you sell

Net, funding: paid 7d − costs−$105as 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−$970.971% of the position

Long on BloFin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.081%−$8 on $10k

Price spread, last 3 days (all we have)+0.471%+$47 · spread now −0.555%, 7d avg +0.003%

Together, before fees+0.390%+$39 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Binance is 0.558% cheaper against BloFin than usual: you would sell low and buy high (−$56 if the spread goes back to its 7-day average of +0.003%). Swap the legs. The two prices were read 451 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 -0.081% in total (about -4.2% 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	BloFin CVX-USDT	2.0590	0.0340	pay 0.0170% / 4h	2h 41m	$84K	$140K	75x
Short	Binance CVXUSDT	2.0476	0.0100	get 0.0050% / 4h	2h 41m	$1.7M	$2.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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 BloFinbpFee BinancebpOrdersPrice spread, now −0.555%Rate

Funding earned: −$50.4
Price spread: −0.555% → +0.003%: −$55.82
Slippage, 4 orders: −$75.08
Fee BloFin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$203.31
Costs to cover: 0.971%
Break-even: never at this rate

Slippage from BloFin: live order book, 9 min ago; Binance: live order book, 8 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 BloFin live order book, 9 min ago	7.29 bp	13.3 bp −$13	48.2 bp −$482	doesn't fit	doesn't fit
Sell Binance live order book, 8 min ago	4.85 bp	26.7 bp −$27	93.0 bp −$930	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	−3.885%	—	$33K	5.5x	as long as short
Binance CVXUSDTshort	+0.0100%	4h	2.0476	−0.555%	$1.7M	$2.6M	75x
Bybit CVXUSDT	+0.0100%	4h	2.0502	−0.427%	$1.7M	$758K	75x	as long as short
OKX CVX-USDT-SWAP	+0.0100%	4h	2.0490	−0.486%	$252K	$335K	10x	as long as short
Gate CVX_USDT	+0.0100%	8h	2.0510	−0.389%	$68K	$26K	25x	as long as short
MEXC CVX_USDT	+0.0100%	4h	2.0480	−0.534%	$2.0M	$470K	20x	as long as short
KuCoin CVXUSDTM	+0.0100%	4h	2.0520	−0.340%	$813K	$69K	20x	as long as short
Bitget CVXUSDT	+0.0100%	4h	2.0480	−0.534%	$620K	$126K	25x	as long as short
BingX CVX-USDT	+0.0100%	4h	2.0500	−0.437%	—	$1.6M	—	as long as short
Variational Omni CVX	+0.0100%	4h	2.0631	+0.198%	$6K	$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-USDTlong	+0.0340%	4h	2.0590	long leg	$84K	$140K	75x
GMX CVX/USD [ETH-USDC]	L +0.0488% / S −0.0195%	1h	2.0495	−0.461%	$169K	—	100x	as long as short
Kraken Futures PF_CVXUSD	+0.3820%	1h	2.0553	−0.179%	$115K	$83K	10x	as long as short