CVX

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.048%

Price spread now: BloFin against Bybit−0.069%7-day average −0.052% · you buy dearer than you sell

Net, funding: paid 7d − costs−$119as in the Funding arb table

Net, price: spread back to 7d avg − costs−$122as in the Price arb table

costs, in and out, $10k−$1201.201% of the position

Long on Bybit 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)+0.486%+$49 · spread now −0.069%, 7d avg −0.052%

Together, before fees+0.499%+$50 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.052%, 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	Bybit CVXUSDT	2.0244	0.0100	pay 0.0050% / 4h	3h 30m	$1.8M	$749K	75x
Short	BloFin CVX-USDT	2.0230	0.0340	get 0.0170% / 4h	3h 30m	$81K	$149K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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 BybitbpFee BloFinbpOrdersPrice spread, now −0.069%Rate

Funding earned: $50.4
Price spread: −0.069% → −0.052%: −$1.7
Slippage, 4 orders: −$97.11
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$71.41
Costs to cover: 1.201%
Break-even: 16.9 days

Slippage from Bybit: live order book, 6 min ago; BloFin: live order book, 34 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 Bybit live order book, 6 min ago	3.44 bp	36.5 bp −$36	152.9 bp −$1,529	doesn't fit	doesn't fit
Sell BloFin live order book, 34 min ago	4.93 bp	21.0 bp −$21	62.3 bp −$623	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
Gate CVX_USDT	−0.0225%	8h	2.0260	+0.079%	$68K	$21K	25x	as long as short
Injective CVX/USDC PERP	+0.0033%	1h	1.9790	−2.243%	—	$33K	5.5x	as long as short
Binance CVXUSDT	+0.0100%	4h	2.0223	−0.101%	$1.7M	$2.6M	75x	as long as short
Bybit CVXUSDTlong	+0.0100%	4h	2.0244	long leg	$1.8M	$749K	75x
OKX CVX-USDT-SWAP	+0.0100%	4h	2.0250	+0.030%	$246K	$303K	10x	as long as short
MEXC CVX_USDT	+0.0100%	4h	2.0230	−0.069%	$2.1M	$498K	20x	as long as short
KuCoin CVXUSDTM	+0.0100%	4h	2.0240	−0.020%	$760K	$70K	20x	as long as short
Bitget CVXUSDT	+0.0100%	4h	2.0230	−0.069%	$612K	$123K	25x	as long as short
BingX CVX-USDT	+0.0100%	4h	2.0230	−0.069%	—	$1.6M	—	as long as short
Variational Omni CVX	+0.0138%	4h	2.0366	+0.603%	$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	2.0230	−0.069%	$81K	$149K	75x
GMX CVX/USD [ETH-USDC]	L +0.0486% / S −0.0194%	1h	2.0242	−0.010%	$167K	—	100x	as long as short
Kraken Futures PF_CVXUSD	+3.2719%	1h	2.0124	−0.595%	$118K	$103K	10x	as long as short