CVX

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0457%/8h= −50.1% APRnext payment −$0.57 per $10,000 · paid last 24h −0.161%

Price spread now: Injective against GMX−4.333%57s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on GMX Short on Injective

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Injective is 4.333% cheaper against GMX than usual: you would sell low and buy high (−$433 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX CVX/USD [ETH-USDC]	2.0686	L +0.0491% / S −0.0195%	pay 0.0061% / 1h	58m 18s	$171K	—	100x
Short	Injective CVX/USDC PERP	1.9790	0.0033	get 0.0004% / 1h	58m 18s	—	$33K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against GMX. 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 GMXbpFee InjectivebpOrdersPrice spread, now −4.333%Rate

Funding earned: −$96.02
Price spread: −4.333% → 0.000%: −$433.31
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$541.35
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Injective: no order-book sample. Net counts fees only.

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 GMX no order-book sample	—	—	—	—	—
Sell Injective no order-book sample	—	—	—	—	—

GMX and Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

CVX on 12 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 PERPshort	+0.0033%	1h	1.9790	−4.333%	—	$33K	5.5x
Binance CVXUSDT	+0.0100%	4h	2.0720	+0.163%	$1.7M	$2.5M	75x	as long as short
Bybit CVXUSDT	+0.0100%	4h	2.0741	+0.264%	$1.7M	$714K	75x	as long as short
OKX CVX-USDT-SWAP	+0.0100%	4h	2.0730	+0.211%	$255K	$323K	10x	as long as short
Gate CVX_USDT	+0.0100%	8h	2.0670	−0.079%	$69K	$26K	25x	as long as short
MEXC CVX_USDT	+0.0100%	4h	2.0670	−0.079%	$2.0M	$456K	20x	as long as short
KuCoin CVXUSDTM	+0.0100%	4h	2.0680	−0.031%	$819K	$69K	20x	as long as short
Bitget CVXUSDT	+0.0100%	4h	2.0740	+0.259%	$628K	$123K	25x	as long as short
BingX CVX-USDT	+0.0100%	4h	2.0710	+0.114%	—	$1.6M	—	as long as short
Variational Omni CVX	+0.0100%	4h	2.0659	−0.130%	$6K	$2K	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX CVX/USD [ETH-USDC]long	L +0.0491% / S −0.0195%	1h	2.0686	long leg	$171K	—	100x
Kraken Futures PF_CVXUSD	+0.2234%	1h	2.0821	+0.653%	$120K	$86K	10x	as long as short