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: Bybit against BloFin+0.049%52s7-day average +0.043% · you sell dearer than you buy

Net, funding: paid 7d − costs−$109as 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−$1081.079% of the position

Long on BloFin Short on Bybit

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)−0.178%−$18 · spread now +0.049%, 7d avg +0.043%

Together, before fees−0.191%−$19 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.043%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate. The two prices were read 52 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 -0.014% 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	2.0600	0.0340	pay 0.0170% / 4h	2h 08m	$83K	$129K	75x
Short	Bybit CVXUSDT	2.0610	0.0100	get 0.0050% / 4h	2h 08m	$1.7M	$824K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.049%Rate

Funding earned: −$50.4
Price spread: +0.049% → +0.043%: $0.6
Slippage, 4 orders: −$84.88
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$157.68
Costs to cover: 1.079%
Break-even: never at this rate

Slippage from BloFin: live order book, 4 min ago; Bybit: 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 BloFin live order book, 4 min ago	4.85 bp	21.0 bp −$21	62.3 bp −$623	doesn't fit	doesn't fit
Sell Bybit live order book, 8 min ago	4.36 bp	40.2 bp −$40	120.9 bp −$1,209	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	−3.932%	—	$33K	5.5x	as long as short
Binance CVXUSDT	+0.0100%	4h	2.0590	−0.049%	$1.7M	$2.8M	75x	as long as short
Bybit CVXUSDTshort	+0.0100%	4h	2.0610	+0.049%	$1.7M	$824K	75x
OKX CVX-USDT-SWAP	+0.0100%	4h	2.0600	0.000%	$253K	$379K	10x	as long as short
Gate CVX_USDT	+0.0100%	8h	2.0600	0.000%	$69K	$25K	25x	as long as short
MEXC CVX_USDT	+0.0100%	4h	2.0590	−0.049%	$2.0M	$481K	20x	as long as short
KuCoin CVXUSDTM	+0.0100%	4h	2.0640	+0.194%	$825K	$67K	20x	as long as short
Bitget CVXUSDT	+0.0100%	4h	2.0610	+0.049%	$626K	$131K	25x	as long as short
BingX CVX-USDT	+0.0100%	4h	2.0610	+0.049%	—	$1.6M	—	as long as short
Variational Omni CVX	+0.0100%	4h	2.0630	+0.144%	$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	2.0600	long leg	$83K	$129K	75x
GMX CVX/USD [ETH-USDC]	L +0.0479% / S −0.0190%	1h	2.0591	−0.045%	$168K	—	100x	as long as short
Kraken Futures PF_CVXUSD	+1.3627%	1h	2.0609	+0.046%	$110K	$69K	10x	as long as short