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: KuCoin against BloFin−0.289%95s7-day average +0.108% · you buy dearer than you sell

Net, funding: paid 7d − costs−$300as 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−$2992.988% of the position

Long on BloFin Short on KuCoin

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)−0.108%−$11 · spread now −0.289%, 7d avg +0.108%

Together, before fees−0.121%−$12 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and KuCoin is 0.397% cheaper against BloFin than usual: you would sell low and buy high (−$40 if the spread goes back to its 7-day average of +0.108%). Swap the legs. The two prices were read 95 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	2.0780	0.0340	pay 0.0170% / 4h	1h 27m	$84K	$154K	75x
Short	KuCoin CVXUSDTM	2.0720	0.0100	get 0.0050% / 4h	1h 27m	$821K	$69K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.289%Rate

Funding earned: −$50.4
Price spread: −0.289% → +0.108%: −$39.71
Slippage, 4 orders: −$274.83
Fee BloFin: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$388.94
Costs to cover: 2.988%
Break-even: never at this rate

Slippage from BloFin: live order book, 9 min ago; KuCoin: live order book, 7 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, 9 min ago	4.84 bp	19.5 bp −$19	56.6 bp −$566	doesn't fit	doesn't fit
Sell KuCoin live order book, 7 min ago	9.67 bp	126.9 bp −$127	2097.3 bp −$21.0K	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	−4.764%	—	$33K	5.5x	as long as short
Binance CVXUSDT	+0.0100%	4h	2.0692	−0.423%	$1.7M	$2.5M	75x	as long as short
Bybit CVXUSDT	+0.0100%	4h	2.0703	−0.371%	$1.7M	$709K	75x	as long as short
OKX CVX-USDT-SWAP	+0.0100%	4h	2.0690	−0.433%	$252K	$325K	10x	as long as short
Gate CVX_USDT	+0.0100%	8h	2.0690	−0.433%	$69K	$27K	25x	as long as short
MEXC CVX_USDT	+0.0100%	4h	2.0680	−0.481%	$2.0M	$458K	20x	as long as short
KuCoin CVXUSDTMshort	+0.0100%	4h	2.0720	−0.289%	$821K	$69K	20x
Bitget CVXUSDT	+0.0100%	4h	2.0700	−0.385%	$627K	$123K	25x	as long as short
BingX CVX-USDT	+0.0100%	4h	2.0690	−0.433%	—	$1.6M	—	as long as short
Variational Omni CVX	+0.0100%	4h	2.0743	−0.177%	$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	2.0780	long leg	$84K	$154K	75x
GMX CVX/USD [ETH-USDC]	L +0.0491% / S −0.0195%	1h	2.0681	−0.474%	$171K	—	100x	as long as short
Kraken Futures PF_CVXUSD	+0.2245%	1h	2.0719	−0.294%	$119K	$86K	10x	as long as short