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: BloFin against KuCoin−0.048%7-day average −0.108% · you buy dearer than you sell

Net, funding: paid 7d − costs−$385as in the Funding arb table

Net, price: spread back to 7d avg − costs−$380as in the Price arb table

costs, in and out, $10k−$3863.861% of the position

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.014%+$1 on $10k

Price spread, last 3 days (all we have)+0.029%+$3 · spread now −0.048%, 7d avg −0.108%

Together, before fees+0.042%+$4 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.060% dearer against KuCoin than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.108%.

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	KuCoin CVXUSDTM	2.0690	0.0100	pay 0.0050% / 4h	3h 25m	$819K	$69K	20x
Short	BloFin CVX-USDT	2.0680	0.0340	get 0.0170% / 4h	3h 25m	$84K	$130K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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 KuCoinbpFee BloFinbpOrdersPrice spread, now −0.048%Rate

Funding earned: $50.4
Price spread: −0.048% → −0.108%: $5.95
Slippage, 4 orders: −$362.09
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$329.74
Costs to cover: 3.861%
Break-even: 52.8 days

Slippage from KuCoin: live order book, 29 min ago; BloFin: live order book, 31 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 KuCoin live order book, 29 min ago	7.25 bp	219.6 bp −$220	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 31 min ago	2.42 bp	13.1 bp −$13	44.4 bp −$444	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	−4.350%	—	$33K	5.5x	as long as short
Binance CVXUSDT	+0.0100%	4h	2.0699	+0.044%	$1.7M	$2.6M	75x	as long as short
Bybit CVXUSDT	+0.0100%	4h	2.0704	+0.068%	$1.7M	$760K	75x	as long as short
OKX CVX-USDT-SWAP	+0.0100%	4h	2.0710	+0.097%	$255K	$355K	10x	as long as short
Gate CVX_USDT	+0.0100%	8h	2.0680	−0.048%	$70K	$25K	25x	as long as short
MEXC CVX_USDT	+0.0100%	4h	2.0690	0.000%	$2.0M	$493K	20x	as long as short
KuCoin CVXUSDTMlong	+0.0100%	4h	2.0690	long leg	$819K	$69K	20x
Bitget CVXUSDT	+0.0100%	4h	2.0710	+0.097%	$627K	$130K	25x	as long as short
BingX CVX-USDT	+0.0100%	4h	2.0700	+0.048%	—	$1.6M	—	as long as short
Variational Omni CVX	+0.0100%	4h	2.0727	+0.179%	$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-USDTshort	+0.0340%	4h	2.0680	−0.048%	$84K	$130K	75x
GMX CVX/USD [ETH-USDC]	L +0.0487% / S −0.0195%	1h	2.0694	+0.018%	$171K	—	100x	as long as short
Kraken Futures PF_CVXUSD	+0.1569%	1h	2.0736	+0.224%	$112K	$79K	10x	as long as short