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: Bybit against BloFin+0.180%7-day average +0.046% · you sell dearer than you buy

Net, funding: paid 7d − costs−$108as in the Funding arb table

Net, price: spread back to 7d avg − costs−$93as in the Price arb table

costs, in and out, $10k−$1071.068% of the position

Long on BloFin Short on Bybit

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)−0.310%−$31 · spread now +0.180%, 7d avg +0.046%

Together, before fees−0.323%−$32 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.134% dearer against BloFin than usual: you sell high and buy low (spread +0.180% now, against its 7-day average of +0.046%): +$13 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 45 hours. At the pace of the last 7 days (−0.014% in total) that is about 2 months.

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	2.0520	0.0340	pay 0.0170% / 4h	20m 29s	$82K	$149K	75x
Short	Bybit CVXUSDT	2.0557	0.0100	get 0.0050% / 4h	20m 29s	$1.8M	$713K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.180%Rate

Funding earned: −$50.4
Price spread: +0.180% → +0.046%: $13.39
Slippage, 4 orders: −$83.78
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$143.79
Costs to cover: 1.068%
Break-even: never at this rate

Slippage from BloFin: live order book, 9 min ago; Bybit: live order book, 1 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	7.27 bp	14.5 bp −$14	47.7 bp −$477	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	3.89 bp	33.7 bp −$34	122.6 bp −$1,226	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	−3.558%	—	$33K	5.5x	as long as short
Binance CVXUSDT	+0.0100%	4h	2.0520	0.000%	$1.7M	$2.6M	75x	as long as short
Bybit CVXUSDTshort	+0.0100%	4h	2.0557	+0.180%	$1.8M	$713K	75x
OKX CVX-USDT-SWAP	+0.0100%	4h	2.0550	+0.146%	$251K	$316K	10x	as long as short
Gate CVX_USDT	+0.0100%	8h	2.0530	+0.049%	$69K	$23K	25x	as long as short
MEXC CVX_USDT	+0.0100%	4h	2.0520	0.000%	$1.8M	$488K	20x	as long as short
KuCoin CVXUSDTM	+0.0100%	4h	2.0540	+0.097%	$813K	$69K	20x	as long as short
Bitget CVXUSDT	+0.0100%	4h	2.0540	+0.097%	$622K	$128K	25x	as long as short
BingX CVX-USDT	+0.0100%	4h	2.0530	+0.049%	—	$1.6M	—	as long as short
Variational Omni CVX	+0.0100%	4h	2.0558	+0.186%	$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	2.0520	long leg	$82K	$149K	75x
GMX CVX/USD [ETH-USDC]	L +0.0489% / S −0.0195%	1h	2.0511	−0.041%	$169K	—	100x	as long as short
Kraken Futures PF_CVXUSD	+0.1336%	1h	2.0697	+0.863%	$125K	$93K	10x	as long as short