CVX

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: BingX against BloFin+0.049%7-day average +0.039% · you sell dearer than you buy

Net, funding: paid 7d − costs−$91as in the Funding arb table

Net, price: spread back to 7d avg − costs−$89as in the Price arb table

costs, in and out, $10k−$900.898% of the position

Long on BloFin Short on BingX

What this pair did over the last

the charts below follow

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

Price spread, last 3 days (all we have)−0.222%−$22 · spread now +0.049%, 7d avg +0.039%

Together, before fees−0.236%−$24 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.039%, 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 -0.014% 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	BloFin CVX-USDT	2.0570	0.0340	pay 0.0170% / 4h	2h 04m	$83K	$128K	75x
Short	BingX CVX-USDT	2.0580	0.0100	get 0.0050% / 4h	2h 04m	—	$1.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now +0.049%Rate

Funding earned: −$50.4
Price spread: +0.049% → +0.039%: $1.01
Slippage, 4 orders: −$67.84
Fee BloFin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$139.24
Costs to cover: 0.898%
Break-even: never at this rate

Slippage from BloFin: live order book, 8 min ago; BingX: live order book, 12 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, 8 min ago	4.85 bp	21.0 bp −$21	62.3 bp −$623	doesn't fit	doesn't fit
Sell BingX live order book, 12 min ago	7.27 bp	26.5 bp −$26	72.9 bp −$729	686.8 bp −$68.7K	1204.6 bp −$602.3K

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	−3.792%	—	$33K	5.5x	as long as short
Binance CVXUSDT	+0.0100%	4h	2.0558	−0.061%	$1.7M	$2.8M	75x	as long as short
Bybit CVXUSDT	+0.0100%	4h	2.0571	+0.005%	$1.7M	$824K	75x	as long as short
OKX CVX-USDT-SWAP	+0.0100%	4h	2.0540	−0.146%	$252K	$379K	10x	as long as short
Gate CVX_USDT	+0.0100%	8h	2.0590	+0.097%	$69K	$25K	25x	as long as short
MEXC CVX_USDT	+0.0100%	4h	2.0550	−0.097%	$2.0M	$482K	20x	as long as short
KuCoin CVXUSDTM	+0.0100%	4h	2.0610	+0.194%	$824K	$67K	20x	as long as short
Bitget CVXUSDT	+0.0100%	4h	2.0610	+0.194%	$626K	$131K	25x	as long as short
BingX CVX-USDTshort	+0.0100%	4h	2.0580	+0.049%	—	$1.6M	—
Variational Omni CVX	+0.0100%	4h	2.0566	−0.022%	$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	2.0570	long leg	$83K	$128K	75x
GMX CVX/USD [ETH-USDC]	L +0.0479% / S −0.0190%	1h	2.0566	−0.018%	$168K	—	100x	as long as short
Kraken Futures PF_CVXUSD	+1.3658%	1h	2.0563	−0.034%	$110K	$70K	10x	as long as short