Settings8H · net · $10k
Funding arb · Price arb /

CVX

all CVX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.2772%/8h= +303.5% APRnext payment +$3.47 per $10,000 · paid last 24h +0.944%
Price spread now: Kraken Futures against Injective+2.774%63s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$83 a day on $10k at the current rate, and Kraken Futures is 2.774% dearer against Injective than usual: you sell high and buy low: +$277 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective CVX/USDC PERP1.97900.0033pay 0.0004% / 1h16m 08s$33K5.5x
ShortKraken Futures PF_CVXUSD2.03390.2805get 0.0351% / 1h16m 08s$117K$97K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Injective. 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

Funding earned
$582.15
Price spread: +2.774% → 0.000%
$277.41
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$849.54
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Kraken Futures: live order book, 21 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell Kraken Futures live order book, 21 min ago34.64 bp834.3 bp −$834doesn't fitdoesn't fitdoesn't fit
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 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective CVX/USDC PERPlong+0.0033%1h1.9790long leg$33K5.5x
Binance CVXUSDT+0.0100%4h2.0308+2.618%$1.7M$2.6M75xas long as short
Bybit CVXUSDT+0.0100%4h2.0320+2.678%$1.8M$750K75xas long as short
OKX CVX-USDT-SWAP+0.0100%4h2.0320+2.678%$247K$309K10xas long as short
Gate CVX_USDT+0.0100%8h2.0280+2.476%$68K$21K25xas long as short
MEXC CVX_USDT+0.0100%4h2.0280+2.476%$2.1M$499K20xas long as short
KuCoin CVXUSDTM+0.0100%4h2.0290+2.527%$762K$74K20xas long as short
Bitget CVXUSDT+0.0100%4h2.0280+2.476%$612K$128K25xas long as short
BingX CVX-USDT+0.0100%4h2.0310+2.628%$1.6Mas long as short
Variational Omni CVX+0.0100%4h2.0297+2.562%$5K$2Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin CVX-USDT+0.0340%4h2.0320+2.678%$81K$151K75xas long as short
GMX CVX/USD [ETH-USDC]L +0.0487% / S −0.0194%1h2.0289+2.522%$168K100xas long as short
Kraken Futures PF_CVXUSDshort+0.2805%1h2.0339+2.774%$117K$97K10x