CVX

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.1210%/8h= +132.5% APRnext payment +$1.51 per $10,000 · paid last 24h +0.768%

Price spread now: Kraken Futures against GMX+0.240%7-day average +0.062% · you sell dearer than you buy

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

Long on GMX Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.459%+$46 on $10k

Price spread, last 4 days (all we have)−0.071%−$7 · spread now +0.240%, 7d avg +0.062%

Together, before fees+0.389%+$39 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$36 a day on $10k at the current rate, and Kraken Futures is 0.179% dearer against GMX than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.062%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX CVX/USD [ETH-USDC]	2.0379	L +0.0487% / S −0.0194%	pay 0.0061% / 1h	23m 46s	$168K	—	100x
Short	Kraken Futures PF_CVXUSD	2.0428	0.1697	get 0.0212% / 1h	23m 46s	$118K	$99K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +0.240%Rate

Funding earned: $254.14
Price spread: +0.240% → +0.062%: $17.89
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $250.04
Costs to cover: 0.220%
Break-even: 0.1 days

Slippage unknown: GMX: no order-book sample; Kraken Futures: live order book, 18 min ago. 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 Kraken Futures live order book, 18 min ago	20.12 bp	32.9 bp −$33	doesn't fit	doesn't fit	doesn't fit

GMX: 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 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	−2.892%	—	$33K	5.5x	as long as short
Binance CVXUSDT	+0.0100%	4h	2.0380	+0.003%	$1.7M	$2.6M	75x	as long as short
Bybit CVXUSDT	+0.0100%	4h	2.0405	+0.125%	$1.8M	$746K	75x	as long as short
OKX CVX-USDT-SWAP	+0.0100%	4h	2.0410	+0.150%	$248K	$314K	10x	as long as short
Gate CVX_USDT	+0.0100%	8h	2.0380	+0.003%	$68K	$21K	25x	as long as short
MEXC CVX_USDT	+0.0100%	4h	2.0390	+0.052%	$2.0M	$498K	20x	as long as short
KuCoin CVXUSDTM	+0.0100%	4h	2.0380	+0.003%	$764K	$75K	20x	as long as short
Bitget CVXUSDT	+0.0100%	4h	2.0410	+0.150%	$616K	$127K	25x	as long as short
BingX CVX-USDT	+0.0100%	4h	2.0440	+0.297%	—	$1.6M	—	as long as short
Variational Omni CVX	+0.0100%	4h	2.0439	+0.292%	$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-USDT	+0.0340%	4h	2.0390	+0.052%	$81K	$151K	75x	as long as short
GMX CVX/USD [ETH-USDC]long	L +0.0487% / S −0.0194%	1h	2.0379	long leg	$168K	—	100x
Kraken Futures PF_CVXUSDshort	+0.1697%	1h	2.0428	+0.240%	$118K	$99K	10x