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 Bitget0.000%7-day average −0.078% · you sell dearer than you buy

Net, funding: paid 7d − costs−$98as in the Funding arb table

Net, price: spread back to 7d avg − costs−$92as in the Price arb table

costs, in and out, $10k−$1000.997% of the position

Long on Bitget Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.014%+$1 on $10k

Price spread, last 4 days (all we have)−0.069%−$7 · spread now 0.000%, 7d avg −0.078%

Together, before fees−0.056%−$6 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 0.078% dearer against Bitget than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.078%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.014% in total (about 0.7% 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	Bitget CVXUSDT	2.0360	0.0100	pay 0.0050% / 4h	1h 30m	$615K	$127K	25x
Short	BloFin CVX-USDT	2.0360	0.0340	get 0.0170% / 4h	1h 30m	$81K	$150K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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 BitgetbpFee BloFinbpOrdersPrice spread, now 0.000%Rate

Funding earned: $50.4
Price spread: 0.000% → −0.078%: $7.81
Slippage, 4 orders: −$75.68
Fee Bitget: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$41.47
Costs to cover: 0.997%
Break-even: 12.8 days

Slippage from Bitget: live order book, 9 min ago; BloFin: live order book, 44 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 Bitget live order book, 9 min ago	4.91 bp	27.6 bp −$28	110.6 bp −$1,106	doesn't fit	doesn't fit
Sell BloFin live order book, 44 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	−2.800%	—	$33K	5.5x	as long as short
Binance CVXUSDT	+0.0100%	4h	2.0350	−0.050%	$1.7M	$2.6M	75x	as long as short
Bybit CVXUSDT	+0.0100%	4h	2.0369	+0.044%	$1.8M	$747K	75x	as long as short
OKX CVX-USDT-SWAP	+0.0100%	4h	2.0360	0.000%	$246K	$313K	10x	as long as short
Gate CVX_USDT	+0.0100%	8h	2.0340	−0.098%	$68K	$21K	25x	as long as short
MEXC CVX_USDT	+0.0100%	4h	2.0350	−0.049%	$2.0M	$498K	20x	as long as short
KuCoin CVXUSDTM	+0.0100%	4h	2.0330	−0.147%	$762K	$80K	20x	as long as short
Bitget CVXUSDTlong	+0.0100%	4h	2.0360	long leg	$615K	$127K	25x
BingX CVX-USDT	+0.0100%	4h	2.0340	−0.098%	—	$1.6M	—	as long as short
Variational Omni CVX	+0.0100%	4h	2.0369	+0.046%	$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	2.0360	0.000%	$81K	$150K	75x
GMX CVX/USD [ETH-USDC]	L +0.0487% / S −0.0194%	1h	2.0341	−0.093%	$168K	—	100x	as long as short
Kraken Futures PF_CVXUSD	+0.1698%	1h	2.0424	+0.313%	$118K	$99K	10x	as long as short