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: OKX against BloFin−0.242%7-day average +0.024% · you buy dearer than you sell

Net, funding: paid 7d − costs−$140as in the Funding arb table

Net, price: spread back to 7d avg − costs−$164as in the Price arb table

costs, in and out, $10k−$1371.370% of the position

Long on BloFin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.028%−$3 on $10k

Price spread, last 3 days (all we have)+0.222%+$22 · spread now −0.242%, 7d avg +0.024%

Together, before fees+0.193%+$19 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 OKX is 0.265% cheaper against BloFin than usual: you would sell low and buy high (−$27 if the spread goes back to its 7-day average of +0.024%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.028% in total (about -1.5% 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	2.0700	0.0340	pay 0.0170% / 4h	3h 00m	$84K	$127K	75x
Short	OKX CVX-USDT-SWAP	2.0650	0.0100	get 0.0050% / 4h	3h 00m	$253K	$338K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.242%Rate

Funding earned: −$50.4
Price spread: −0.242% → +0.024%: −$26.55
Slippage, 4 orders: −$114.99
Fee BloFin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$213.93
Costs to cover: 1.370%
Break-even: never at this rate

Slippage from BloFin: live order book, 55 min ago; OKX: live order book, 5 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, 55 min ago	2.42 bp	30.5 bp −$30	73.8 bp −$738	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	2.41 bp	42.0 bp −$42	doesn't fit	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	−4.396%	—	$33K	5.5x	as long as short
Binance CVXUSDT	+0.0100%	4h	2.0610	−0.435%	$1.7M	$2.5M	75x	as long as short
Bybit CVXUSDT	+0.0100%	4h	2.0642	−0.280%	$1.7M	$723K	75x	as long as short
OKX CVX-USDT-SWAPshort	+0.0100%	4h	2.0650	−0.242%	$253K	$338K	10x
Gate CVX_USDT	+0.0100%	8h	2.0660	−0.193%	$69K	$26K	25x	as long as short
MEXC CVX_USDT	+0.0100%	4h	2.0600	−0.483%	$2.0M	$495K	20x	as long as short
KuCoin CVXUSDTM	+0.0100%	4h	2.0660	−0.193%	$818K	$67K	20x	as long as short
Bitget CVXUSDT	+0.0100%	4h	2.0620	−0.386%	$623K	$123K	25x	as long as short
BingX CVX-USDT	+0.0100%	4h	2.0650	−0.242%	—	$1.6M	—	as long as short
Variational Omni CVX	+0.0100%	4h	2.0659	−0.199%	$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	2.0700	long leg	$84K	$127K	75x
GMX CVX/USD [ETH-USDC]	L +0.0489% / S −0.0195%	1h	2.0621	−0.383%	$170K	—	100x	as long as short
Kraken Futures PF_CVXUSD	+0.1574%	1h	2.0670	−0.143%	$112K	$79K	10x	as long as short