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 − costs—prices read too far apart to compare
costs, in and out, $10k−$830.834% of the position
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CVXUSDT | 2.0563 | 0.0100 | pay 0.0050% / 4h | 2h 05m | $1.7M | $2.8M | 75x |
| Short | BloFin CVX-USDT | 2.0580 | 0.0340 | get 0.0170% / 4h | 2h 05m | $83K | $129K | 75x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 15 min ago | 2.42 bp | 26.3 bp −$26 | 112.5 bp −$1,125 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 8 min ago | 4.85 bp | 13.7 bp −$14 | 40.6 bp −$406 | 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 | −3.759% | — | $33K | 5.5x | as long as short |
| Binance CVXUSDTlong | +0.0100% | 4h | 2.0563 | long leg | $1.7M | $2.8M | 75x | |
| Bybit CVXUSDT | +0.0100% | 4h | 2.0573 | +0.048% | $1.7M | $824K | 75x | as long as short |
| OKX CVX-USDT-SWAP | +0.0100% | 4h | 2.0550 | −0.063% | $252K | $379K | 10x | as long as short |
| Gate CVX_USDT | +0.0100% | 8h | 2.0590 | +0.131% | $69K | $25K | 25x | as long as short |
| MEXC CVX_USDT | +0.0100% | 4h | 2.0570 | +0.034% | $2.0M | $481K | 20x | as long as short |
| KuCoin CVXUSDTM | +0.0100% | 4h | 2.0610 | +0.228% | $824K | $67K | 20x | as long as short |
| Bitget CVXUSDT | +0.0100% | 4h | 2.0610 | +0.228% | $626K | $131K | 25x | as long as short |
| BingX CVX-USDT | +0.0100% | 4h | 2.0580 | +0.082% | — | $1.6M | — | as long as short |
| Variational Omni CVX | +0.0100% | 4h | 2.0566 | +0.012% | $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 | 2.0580 | +0.082% | $83K | $129K | 75x | |
| GMX CVX/USD [ETH-USDC] | L +0.0479% / S −0.0190% | 1h | 2.0566 | +0.016% | $168K | — | 100x | as long as short |
| Kraken Futures PF_CVXUSD | +1.3654% | 1h | 2.0569 | +0.031% | $110K | $69K | 10x | as long as short |
Binance CVXUSDT
BloFin CVX-USDT
Injective CVX/USDC PERP
Bybit CVXUSDT
OKX CVX-USDT-SWAP
Gate CVX_USDT
MEXC CVX_USDT
KuCoin CVXUSDTM
Bitget CVXUSDT
BingX CVX-USDT
Variational Omni CVX
GMX CVX/USD [ETH-USDC]
Kraken Futures PF_CVXUSD