CVX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.008%

Price spread now: BloFin against KuCoin−0.097%7-day average −0.106% · you buy dearer than you sell

Net, funding: paid 7d − costs−$338as in the Funding arb table

Net, price: spread back to 7d avg − costs−$339as in the Price arb table

costs, in and out, $10k−$3393.395% of the position

Long on KuCoin 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 3 days (all we have)+0.097%+$10 · spread now −0.097%, 7d avg −0.106%

Together, before fees+0.111%+$11 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.106%, 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	KuCoin CVXUSDTM	2.0700	0.0100	pay 0.0050% / 4h	41m 07s	$821K	$67K	20x
Short	BloFin CVX-USDT	2.0680	0.0340	get 0.0170% / 4h	41m 07s	$83K	$127K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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 KuCoinbpFee BloFinbpOrdersPrice spread, now −0.097%Rate

Funding earned: $50.4
Price spread: −0.097% → −0.106%: $0.95
Slippage, 4 orders: −$315.49
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$288.14
Costs to cover: 3.395%
Break-even: 47.0 days

Slippage from KuCoin: live order book, 23 min ago; BloFin: live order book, 20 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 KuCoin live order book, 23 min ago	7.29 bp	171.6 bp −$172	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 20 min ago	2.43 bp	26.7 bp −$27	60.9 bp −$609	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
Injective CVX/USDC PERP	+0.0033%	1h	1.9790	−4.396%	—	$33K	5.5x	as long as short
Binance CVXUSDT	+0.0100%	4h	2.0660	−0.193%	$1.7M	$2.7M	75x	as long as short
Bybit CVXUSDT	+0.0100%	4h	2.0676	−0.116%	$1.7M	$826K	75x	as long as short
OKX CVX-USDT-SWAP	+0.0100%	4h	2.0740	+0.193%	$256K	$370K	10x	as long as short
Gate CVX_USDT	+0.0100%	8h	2.0700	0.000%	$69K	$25K	25x	as long as short
MEXC CVX_USDT	+0.0100%	4h	2.0660	−0.193%	$2.0M	$489K	20x	as long as short
KuCoin CVXUSDTMlong	+0.0100%	4h	2.0700	long leg	$821K	$67K	20x
Bitget CVXUSDT	+0.0100%	4h	2.0670	−0.145%	$627K	$132K	25x	as long as short
BingX CVX-USDT	+0.0100%	4h	2.0690	−0.048%	—	$1.6M	—	as long as short
Variational Omni CVX	+0.0100%	4h	2.0714	+0.070%	$6K	$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	2.0680	−0.097%	$83K	$127K	75x
GMX CVX/USD [ETH-USDC]	L +0.0479% / S −0.0190%	1h	2.0656	−0.214%	$169K	—	100x	as long as short
Kraken Futures PF_CVXUSD	+0.1655%	1h	2.0720	+0.095%	$111K	$76K	10x	as long as short