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 MEXC+0.581%94s7-day average −0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$69as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$770.774% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.080%+$8 on $10k

Price spread, last 3 days (all we have)−0.511%−$51 · spread now +0.581%, 7d avg −0.007%

Together, before fees−0.432%−$43 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 0.588% dearer against MEXC than usual: you sell high and buy low: +$59 more if the spread goes back to its 7-day average of −0.007%. The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.080% in total (about 4.1% 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	MEXC CVX_USDT	2.0650	0.0100	pay 0.0050% / 4h	3h 01m	$2.0M	$495K	20x
Short	BloFin CVX-USDT	2.0770	0.0340	get 0.0170% / 4h	3h 01m	$84K	$123K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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 MEXCbpFee BloFinbpOrdersPrice spread, now +0.581%Rate

Funding earned: $50.4
Price spread: +0.581% → −0.007%: $58.79
Slippage, 4 orders: −$61.44
Fee MEXC: 2 bp × 2 orders: −$4
Fee BloFin: 6 bp × 2 orders: −$12
Net: $31.75
Costs to cover: 0.774%
Break-even: 2.6 days

Slippage from MEXC: live order book, 4 min ago; BloFin: live order book, 54 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 MEXC live order book, 4 min ago	2.41 bp	20.1 bp −$20	75.0 bp −$750	350.6 bp −$35.1K	doesn't fit
Sell BloFin live order book, 54 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	−4.165%	—	$33K	5.5x	as long as short
Binance CVXUSDT	+0.0100%	4h	2.0658	+0.036%	$1.7M	$2.5M	75x	as long as short
Bybit CVXUSDT	+0.0100%	4h	2.0672	+0.107%	$1.7M	$723K	75x	as long as short
OKX CVX-USDT-SWAP	+0.0100%	4h	2.0690	+0.194%	$254K	$339K	10x	as long as short
Gate CVX_USDT	+0.0100%	8h	2.0680	+0.145%	$69K	$26K	25x	as long as short
MEXC CVX_USDTlong	+0.0100%	4h	2.0650	long leg	$2.0M	$495K	20x
KuCoin CVXUSDTM	+0.0100%	4h	2.0690	+0.194%	$820K	$67K	20x	as long as short
Bitget CVXUSDT	+0.0100%	4h	2.0660	+0.048%	$624K	$123K	25x	as long as short
BingX CVX-USDT	+0.0100%	4h	2.0690	+0.194%	—	$1.6M	—	as long as short
Variational Omni CVX	+0.0100%	4h	2.0762	+0.541%	$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	2.0770	+0.581%	$84K	$123K	75x
GMX CVX/USD [ETH-USDC]	L +0.0489% / S −0.0195%	1h	2.0647	−0.016%	$170K	—	100x	as long as short
Kraken Futures PF_CVXUSD	+0.1568%	1h	2.0747	+0.471%	$112K	$79K	10x	as long as short