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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin CVX-USDT | 2.0430 | 0.0340 | pay 0.0170% / 4h | 1h 04m | $81K | $151K | 75x |
| Short | Bitget CVXUSDT | 2.0410 | 0.0100 | get 0.0050% / 4h | 1h 04m | $616K | $127K | 25x |
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 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: −0.098% → +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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 5 min ago | 9.80 bp | 23.6 bp −$24 | 53.5 bp −$535 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 35 min ago | 4.91 bp | 25.1 bp −$25 | 91.6 bp −$916 | 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 | −3.133% | — | $33K | 5.5x | as long as short |
| Binance CVXUSDT | +0.0100% | 4h | 2.0406 | −0.115% | $1.7M | $2.6M | 75x | as long as short |
| Bybit CVXUSDT | +0.0100% | 4h | 2.0448 | +0.088% | $1.8M | $749K | 75x | as long as short |
| OKX CVX-USDT-SWAP | +0.0100% | 4h | 2.0420 | −0.049% | $247K | $313K | 10x | as long as short |
| Gate CVX_USDT | +0.0100% | 8h | 2.0380 | −0.245% | $68K | $21K | 25x | as long as short |
| MEXC CVX_USDT | +0.0100% | 4h | 2.0410 | −0.098% | $2.1M | $511K | 20x | as long as short |
| KuCoin CVXUSDTM | +0.0100% | 4h | 2.0390 | −0.196% | $765K | $74K | 20x | as long as short |
| Bitget CVXUSDTshort | +0.0100% | 4h | 2.0410 | −0.098% | $616K | $127K | 25x | |
| BingX CVX-USDT | +0.0100% | 4h | 2.0430 | 0.000% | — | $1.6M | — | as long as short |
| Variational Omni CVX | +0.0100% | 4h | 2.0448 | +0.088% | $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-USDTlong | +0.0340% | 4h | 2.0430 | long leg | $81K | $151K | 75x | |
| GMX CVX/USD [ETH-USDC] | L +0.0487% / S −0.0194% | 1h | 2.0396 | −0.164% | $168K | — | 100x | as long as short |
| Kraken Futures PF_CVXUSD | +0.1698% | 1h | 2.0421 | −0.044% | $118K | $98K | 10x | as long as short |
BloFin CVX-USDT
Bitget CVXUSDT
Injective CVX/USDC PERP
Binance CVXUSDT
Bybit CVXUSDT
OKX CVX-USDT-SWAP
Gate CVX_USDT
MEXC CVX_USDT
KuCoin CVXUSDTM
BingX CVX-USDT
Variational Omni CVX
GMX CVX/USD [ETH-USDC]
Kraken Futures PF_CVXUSD