CVX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.034%

Price spread now: BloFin against OKX−0.196%7-day average −0.029% · you buy dearer than you sell

Net, funding: paid 7d − costs−$115as in the Funding arb table

Net, price: spread back to 7d avg − costs−$135as in the Price arb table

costs, in and out, $10k−$1181.180% of the position

Long on OKX Short on BloFin

What this pair did over the last

the charts below follow

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

Price spread, last 4 days (all we have)+0.216%+$22 · spread now −0.196%, 7d avg −0.029%

Together, before fees+0.244%+$24 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.167% cheaper against OKX than usual: you would sell low and buy high (spread −0.196% now, against its 7-day average of −0.029%). If the spread goes back, that is −$17 on $10k: about 2.3 days of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.028% in total) that is about 41 days.

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	OKX CVX-USDT-SWAP	2.0410	0.0100	pay 0.0050% / 4h	1h 10m	$247K	$314K	10x
Short	BloFin CVX-USDT	2.0370	0.0340	get 0.0170% / 4h	1h 10m	$81K	$151K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against OKX. 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 OKXbpFee BloFinbpOrdersPrice spread, now −0.196%Rate

Funding earned: $50.4
Price spread: −0.196% → −0.029%: −$16.68
Slippage, 4 orders: −$95.96
Fee OKX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$84.23
Costs to cover: 1.180%
Break-even: 18.7 days

Slippage from OKX: live order book, 30 min ago; BloFin: live order book, 64 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 OKX live order book, 30 min ago	7.37 bp	38.2 bp −$38	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 64 min ago	4.91 bp	31.2 bp −$31	81.6 bp −$816	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	−3.038%	—	$33K	5.5x	as long as short
Binance CVXUSDT	+0.0100%	4h	2.0381	−0.140%	$1.7M	$2.6M	75x	as long as short
Bybit CVXUSDT	+0.0100%	4h	2.0448	+0.186%	$1.8M	$751K	75x	as long as short
OKX CVX-USDT-SWAPlong	+0.0100%	4h	2.0410	long leg	$247K	$314K	10x
Gate CVX_USDT	+0.0100%	8h	2.0380	−0.147%	$68K	$21K	25x	as long as short
MEXC CVX_USDT	+0.0100%	4h	2.0380	−0.147%	$2.1M	$510K	20x	as long as short
KuCoin CVXUSDTM	+0.0100%	4h	2.0380	−0.147%	$765K	$74K	20x	as long as short
Bitget CVXUSDT	+0.0100%	4h	2.0410	0.000%	$616K	$127K	25x	as long as short
BingX CVX-USDT	+0.0100%	4h	2.0390	−0.098%	—	$1.6M	—	as long as short
Variational Omni CVX	+0.0100%	4h	2.0424	+0.067%	$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-USDTshort	+0.0340%	4h	2.0370	−0.196%	$81K	$151K	75x
GMX CVX/USD [ETH-USDC]	L +0.0487% / S −0.0194%	1h	2.0375	−0.171%	$168K	—	100x	as long as short
Kraken Futures PF_CVXUSD	+0.1699%	1h	2.0410	0.000%	$118K	$98K	10x	as long as short