CVX

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.023%

Price spread now: Binance against BloFin+0.007%7-day average +0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$107as in the Funding arb table

Net, price: spread back to 7d avg − costs−$99as in the Price arb table

costs, in and out, $10k−$990.993% of the position

Long on BloFin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.081%−$8 on $10k

Price spread, last 4 days (all we have)−0.550%−$55 · spread now +0.007%, 7d avg +0.003%

Together, before fees−0.630%−$63 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.003%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.

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	BloFin CVX-USDT	2.0630	0.0340	pay 0.0170% / 4h	1h 10m	$84K	$157K	75x
Short	Binance CVXUSDT	2.0631	0.0100	get 0.0050% / 4h	1h 10m	$1.7M	$2.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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 BloFinbpFee BinancebpOrdersPrice spread, now +0.007%Rate

Funding earned: −$50.4
Price spread: +0.007% → +0.003%: $0.34
Slippage, 4 orders: −$77.33
Fee BloFin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$149.39
Costs to cover: 0.993%
Break-even: never at this rate

Slippage from BloFin: live order book, 26 min ago; Binance: live order book, 10 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 BloFin live order book, 26 min ago	4.84 bp	19.5 bp −$19	56.6 bp −$566	doesn't fit	doesn't fit
Sell Binance live order book, 10 min ago	2.41 bp	25.1 bp −$25	87.6 bp −$876	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	−4.072%	—	$33K	5.5x	as long as short
Binance CVXUSDTshort	+0.0100%	4h	2.0631	+0.007%	$1.7M	$2.6M	75x
Bybit CVXUSDT	+0.0100%	4h	2.0643	+0.063%	$1.8M	$717K	75x	as long as short
OKX CVX-USDT-SWAP	+0.0100%	4h	2.0620	−0.048%	$252K	$325K	10x	as long as short
Gate CVX_USDT	+0.0100%	8h	2.0600	−0.145%	$69K	$28K	25x	as long as short
MEXC CVX_USDT	+0.0100%	4h	2.0630	0.000%	$2.0M	$460K	20x	as long as short
KuCoin CVXUSDTM	+0.0100%	4h	2.0620	−0.048%	$817K	$69K	20x	as long as short
Bitget CVXUSDT	+0.0100%	4h	2.0610	−0.097%	$624K	$128K	25x	as long as short
BingX CVX-USDT	+0.0100%	4h	2.0640	+0.048%	—	$1.6M	—	as long as short
Variational Omni CVX	+0.0100%	4h	2.0631	+0.007%	$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-USDTlong	+0.0340%	4h	2.0630	long leg	$84K	$157K	75x
GMX CVX/USD [ETH-USDC]	L +0.0490% / S −0.0195%	1h	2.0622	−0.037%	$170K	—	100x	as long as short
Kraken Futures PF_CVXUSD	+0.2252%	1h	2.0650	+0.097%	$119K	$88K	10x	as long as short