Funding arb · Price arb /

CVX

all CVX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.020%

Price spread now: Variational Omni against Injective+3.668%7-day average — · you sell dearer than you buy

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

Long on Injective Short on Variational Omni

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—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Variational Omni is 3.668% dearer against Injective than usual: you sell high and buy low: +$367 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective CVX/USDC PERP	1.9790	0.0033	pay 0.0004% / 1h	28m 40s	—	$33K	5.5x
Short	Variational Omni CVX	2.0516	0.0100	get 0.0050% / 4h	1h 28m	$6K	$2K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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

Position, each leg$Hold fordaysFee InjectivebpFee Variational OmnibpOrdersPrice spread, now +3.668%Rate

Funding earned: $14
Price spread: +3.668% → 0.000%: $366.82
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $380.8
Costs to cover: 0.000%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; Variational Omni: 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 Injective no order-book sample	—	—	—	—	—
Sell Variational Omni no order-book sample	—	—	—	—	—

Injective and Variational Omni: 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 PERPlong	+0.0033%	1h	1.9790	long leg	—	$33K	5.5x
Binance CVXUSDT	+0.0100%	4h	2.0542	+3.797%	$1.7M	$2.8M	75x	as long as short
Bybit CVXUSDT	+0.0100%	4h	2.0512	+3.648%	$1.7M	$811K	75x	as long as short
OKX CVX-USDT-SWAP	+0.0100%	4h	2.0560	+3.891%	$252K	$377K	10x	as long as short
Gate CVX_USDT	+0.0100%	8h	2.0500	+3.588%	$68K	$25K	25x	as long as short
MEXC CVX_USDT	+0.0100%	4h	2.0530	+3.739%	$2.0M	$516K	20x	as long as short
KuCoin CVXUSDTM	+0.0100%	4h	2.0550	+3.840%	$816K	$68K	20x	as long as short
Bitget CVXUSDT	+0.0100%	4h	2.0510	+3.638%	$622K	$131K	25x	as long as short
BingX CVX-USDT	+0.0100%	4h	2.0500	+3.588%	—	$1.6M	—	as long as short
Variational Omni CVXshort	+0.0100%	4h	2.0516	+3.668%	$6K	$2K	—

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin CVX-USDT	+0.0340%	4h	2.0500	+3.588%	$83K	$126K	75x	as long as short
GMX CVX/USD [ETH-USDC]	L +0.0478% / S −0.0190%	1h	2.0525	+3.713%	$167K	—	100x	as long as short
Kraken Futures PF_CVXUSD	+1.5730%	1h	2.0553	+3.853%	$110K	$73K	10x	as long as short