Settings8H · net · $10k
Funding arb · Price arb /

CVX

all CVX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.008%
Price spread now: BloFin against Binance+0.082%111s7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$830.834% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.081%+$8 on $10k
Price spread, last 3 days (all we have)+0.138%+$14 · spread now +0.082%, 7d avg −0.004%
Together, before fees+0.219%+$22 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 0.087% dearer against Binance than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.004%. The two prices were read 111 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 0.081% in total (about 4.2% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance CVXUSDT2.05630.0100pay 0.0050% / 4h2h 05m$1.7M$2.8M75x
ShortBloFin CVX-USDT2.05800.0340get 0.0170% / 4h2h 05m$83K$129K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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

Funding earned
$50.4
Price spread: +0.082% → −0.004%
$8.69
Slippage, 4 orders
−$61.42
Fee Binance: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$24.34
Costs to cover
0.834%
Break-even
10.4 days
Slippage from Binance: live order book, 15 min ago; BloFin: live order book, 8 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 15 min ago2.42 bp26.3 bp −$26112.5 bp −$1,125doesn't fitdoesn't fit
Sell BloFin live order book, 8 min ago4.85 bp13.7 bp −$1440.6 bp −$406doesn't fitdoesn't fit

CVX on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective CVX/USDC PERP+0.0033%1h1.9790−3.759%$33K5.5xas long as short
Binance CVXUSDTlong+0.0100%4h2.0563long leg$1.7M$2.8M75x
Bybit CVXUSDT+0.0100%4h2.0573+0.048%$1.7M$824K75xas long as short
OKX CVX-USDT-SWAP+0.0100%4h2.0550−0.063%$252K$379K10xas long as short
Gate CVX_USDT+0.0100%8h2.0590+0.131%$69K$25K25xas long as short
MEXC CVX_USDT+0.0100%4h2.0570+0.034%$2.0M$481K20xas long as short
KuCoin CVXUSDTM+0.0100%4h2.0610+0.228%$824K$67K20xas long as short
Bitget CVXUSDT+0.0100%4h2.0610+0.228%$626K$131K25xas long as short
BingX CVX-USDT+0.0100%4h2.0580+0.082%$1.6Mas long as short
Variational Omni CVX+0.0100%4h2.0566+0.012%$6K$2Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin CVX-USDTshort+0.0340%4h2.0580+0.082%$83K$129K75x
GMX CVX/USD [ETH-USDC]L +0.0479% / S −0.0190%1h2.0566+0.016%$168K100xas long as short
Kraken Futures PF_CVXUSD+1.3654%1h2.0569+0.031%$110K$69K10xas long as short