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

CVX

all CVX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Binance+0.175%7-day average +0.114% · you sell dearer than you buy
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$1101.100% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.067%+$7 on $10k
Price spread, last 7 days+0.094%+$9 · spread now +0.175%, 7d avg +0.114%
Together, before fees+0.161%+$16 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.061% dearer against Binance than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.114%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance CVXUSDT2.05630.0100pay 0.0050% / 4h3h 03m$1.7M$2.5M75x
ShortBybit CVXUSDT2.05990.0100get 0.0050% / 4h3h 03m$1.8M$729K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$0
Price spread: +0.175% → +0.114%
$6.12
Slippage, 4 orders
−$88.96
Fee Binance: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$103.83
Costs to cover
1.100%
Break-even
never at this rate
Slippage from Binance: live order book, 1 min ago; Bybit: live order book, 3 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, 1 min ago4.86 bp22.6 bp −$2391.9 bp −$919doesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago3.64 bp33.9 bp −$34123.5 bp −$1,235doesn'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$2.5M75x
Bybit CVXUSDTshort+0.0100%4h2.0599+0.175%$1.8M$729K75x
OKX CVX-USDT-SWAP+0.0100%4h2.0620+0.278%$250K$290K10xas long as short
Gate CVX_USDT+0.0100%8h2.0560−0.014%$69K$21K25xas long as short
MEXC CVX_USDT+0.0100%4h2.0560−0.014%$2.2M$507K20xas long as short
KuCoin CVXUSDTM+0.0100%4h2.0560−0.014%$771K$70K20xas long as short
Bitget CVXUSDT+0.0100%4h2.0570+0.034%$624K$122K25xas long as short
BingX CVX-USDT+0.0100%4h2.0570+0.034%$1.6Mas long as short
Variational Omni CVX+0.0303%4h2.0597+0.166%$6K$2Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin CVX-USDT+0.0340%4h2.0580+0.083%$81K$152K75xas long as short
GMX CVX/USD [ETH-USDC]L +0.0487% / S −0.0194%1h2.0555−0.037%$170K100xas long as short
Kraken Futures PF_CVXUSD+3.2037%1h2.0552−0.054%$120K$101K10xas long as short