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: Bitget against BloFin−0.098%7-day average +0.078% · you buy dearer than you sell
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$980.980% 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)+0.167%+$17 · spread now −0.098%, 7d avg +0.078%
Together, before fees+0.154%+$15 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 Bitget is 0.176% cheaper against BloFin than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of +0.078%). Swap the legs.
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
LongBloFin CVX-USDT2.04300.0340pay 0.0170% / 4h1h 04m$81K$151K75x
ShortBitget CVXUSDT2.04100.0100get 0.0050% / 4h1h 04m$616K$127K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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

Funding earned
−$50.4
Price spread: −0.098% → +0.078%
−$17.6
Slippage, 4 orders
−$74.03
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$166.03
Costs to cover
0.980%
Break-even
never at this rate
Slippage from BloFin: live order book, 5 min ago; Bitget: live order book, 35 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 BloFin live order book, 5 min ago9.80 bp23.6 bp −$2453.5 bp −$535doesn't fitdoesn't fit
Sell Bitget live order book, 35 min ago4.91 bp25.1 bp −$2591.6 bp −$916doesn'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%1h1.9790−3.133%$33K5.5xas long as short
Binance CVXUSDT+0.0100%4h2.0406−0.115%$1.7M$2.6M75xas long as short
Bybit CVXUSDT+0.0100%4h2.0448+0.088%$1.8M$749K75xas long as short
OKX CVX-USDT-SWAP+0.0100%4h2.0420−0.049%$247K$313K10xas long as short
Gate CVX_USDT+0.0100%8h2.0380−0.245%$68K$21K25xas long as short
MEXC CVX_USDT+0.0100%4h2.0410−0.098%$2.1M$511K20xas long as short
KuCoin CVXUSDTM+0.0100%4h2.0390−0.196%$765K$74K20xas long as short
Bitget CVXUSDTshort+0.0100%4h2.0410−0.098%$616K$127K25x
BingX CVX-USDT+0.0100%4h2.04300.000%$1.6Mas long as short
Variational Omni CVX+0.0100%4h2.0448+0.088%$5K$2Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin CVX-USDTlong+0.0340%4h2.0430long leg$81K$151K75x
GMX CVX/USD [ETH-USDC]L +0.0487% / S −0.0194%1h2.0396−0.164%$168K100xas long as short
Kraken Futures PF_CVXUSD+0.1698%1h2.0421−0.044%$118K$98K10xas long as short