Funding arb · Price arb /

CVX

all CVX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.020%

Price spread now: KuCoin against Injective+3.537%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Injective Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 3.537% dearer against Injective than usual: you sell high and buy low: +$354 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective CVX/USDC PERP	1.9790	0.0033	pay 0.0004% / 1h	39m 01s	—	$33K	5.5x
Short	KuCoin CVXUSDTM	2.0490	0.0100	get 0.0050% / 4h	39m 01s	$811K	$70K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Injective. 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 InjectivebpFee KuCoinbpOrdersPrice spread, now +3.537%Rate

Funding earned: $14
Price spread: +3.537% → 0.000%: $353.71
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee KuCoin: 6 bp × 2 orders: −$12
Net: $355.69
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; KuCoin: live order book, 55 min ago. Net counts fees only.

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 Injective no order-book sample	—	—	—	—	—
Sell KuCoin live order book, 55 min ago	9.67 bp	126.9 bp −$127	2097.3 bp −$21.0K	doesn't fit	doesn't fit

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 PERPlong	+0.0033%	1h	1.9790	long leg	—	$33K	5.5x
Binance CVXUSDT	+0.0100%	4h	2.0463	+3.403%	$1.7M	$2.6M	75x	as long as short
Bybit CVXUSDT	+0.0100%	4h	2.0484	+3.507%	$1.8M	$716K	75x	as long as short
OKX CVX-USDT-SWAP	+0.0100%	4h	2.0460	+3.386%	$251K	$319K	10x	as long as short
Gate CVX_USDT	+0.0100%	8h	2.0490	+3.537%	$69K	$22K	25x	as long as short
MEXC CVX_USDT	+0.0100%	4h	2.0460	+3.386%	$2.0M	$452K	20x	as long as short
KuCoin CVXUSDTMshort	+0.0100%	4h	2.0490	+3.537%	$811K	$70K	20x
Bitget CVXUSDT	+0.0100%	4h	2.0480	+3.487%	$620K	$128K	25x	as long as short
BingX CVX-USDT	+0.0100%	4h	2.0490	+3.537%	—	$1.6M	—	as long as short
Variational Omni CVX	+0.0100%	4h	2.0472	+3.445%	$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-USDT	+0.0340%	4h	2.0480	+3.487%	$82K	$156K	75x	as long as short
GMX CVX/USD [ETH-USDC]	L +0.0489% / S −0.0195%	1h	2.0453	+3.348%	$169K	—	100x	as long as short
Kraken Futures PF_CVXUSD	+0.1345%	1h	2.0553	+3.858%	$122K	$91K	10x	as long as short