Funding arb · Price arb /

CVX

all CVX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.2165%/8h= +237.1% APRpaid last 24h +0.681%

Price spread now: Kraken Futures against Variational Omni+0.147%7-day average — · you sell dearer than you buy

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

Long on Variational Omni Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$65 a day on $10k at the current rate, and Kraken Futures is 0.147% dearer against Variational Omni than usual: you sell high and buy low: +$15 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	Variational Omni CVX	2.0503	0.0100	pay 0.0050% / 4h	1h 03m	$5K	$2K	—
Short	Kraken Futures PF_CVXUSD	2.0533	0.2265	get 0.0283% / 1h	3m 40s	$118K	$88K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Variational Omni. 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 Variational OmnibpFee Kraken FuturesbpOrdersPrice spread, now +0.147%Rate

Funding earned: $454.68
Price spread: +0.147% → 0.000%: $14.66
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $459.34
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Variational Omni: no order-book sample; Kraken Futures: live order book, 59 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 Variational Omni no order-book sample	—	—	—	—	—
Sell Kraken Futures live order book, 59 min ago	37.42 bp	90.9 bp −$91	doesn't fit	doesn't fit	doesn't fit

Variational Omni: 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 PERP	+0.0033%	1h	1.9790	−3.475%	—	$33K	5.5x	as long as short
Binance CVXUSDT	+0.0100%	4h	2.0490	−0.061%	$1.7M	$2.6M	75x	as long as short
Bybit CVXUSDT	+0.0100%	4h	2.0515	+0.061%	$1.7M	$716K	75x	as long as short
OKX CVX-USDT-SWAP	+0.0100%	4h	2.0480	−0.110%	$251K	$323K	10x	as long as short
Gate CVX_USDT	+0.0100%	8h	2.0500	−0.012%	$69K	$28K	25x	as long as short
MEXC CVX_USDT	+0.0100%	4h	2.0490	−0.061%	$2.0M	$460K	20x	as long as short
KuCoin CVXUSDTM	+0.0100%	4h	2.0500	−0.012%	$813K	$71K	20x	as long as short
Bitget CVXUSDT	+0.0100%	4h	2.0490	−0.061%	$620K	$128K	25x	as long as short
BingX CVX-USDT	+0.0100%	4h	2.0500	−0.012%	—	$1.6M	—	as long as short
Variational Omni CVXlong	+0.0100%	4h	2.0503	long leg	$5K	$2K	—

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin CVX-USDT	+0.0340%	4h	2.0470	−0.159%	$83K	$156K	75x	as long as short
GMX CVX/USD [ETH-USDC]	L +0.0488% / S −0.0195%	1h	2.0493	−0.048%	$169K	—	100x	as long as short
Kraken Futures PF_CVXUSDshort	+0.2265%	1h	2.0533	+0.147%	$118K	$88K	10x