Funding you earn now, next payment 00:00 UTC−0.0022%/8h= −2.4% APRnext payment −$0.22 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against Binance+0.167%101s7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$380.381% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 2 days (all we have)−0.160%−$16 · spread now +0.167%, 7d avg −0.003%
=The price spread pays, funding is against you. BloFin is 0.171% dearer against Binance than usual: you sell high and buy low (spread +0.167% now, against its 7-day average of −0.003%): +$17 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 26 days. The two prices were read 101 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 | Binance GLWUSDT | 161.26 | 0.0534 | pay 0.0534% / 8h | 23m 33s | $11.0M | $21.1M | 20x |
| Short | BloFin GLW-USDT | 161.53 | 0.0512 | get 0.0512% / 8h | 23m 33s | $151K | $35K | 20x |
Binance GLWUSDT
BloFin GLW-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$4.56
- Price spread: +0.167% → −0.003%
- $17.06
- Slippage, 4 orders
- −$16.06
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$25.56
- Costs to cover
- 0.381%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; BloFin: live order book, 38 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 Binance live order book, 2 min ago | 1.24 bp | 11.7 bp −$12 | 25.9 bp −$259 | 105.7 bp −$10.6K | doesn't fit |
| Sell BloFin live order book, 38 min ago | 2.81 bp | 9.6 bp −$10 | 25.1 bp −$251 | doesn't fit | doesn't fit |
GLW on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:GLW | −0.0039% | 1h | 161.30 | +0.024% | $321K | $29K | 10x | as long as short |
| Aster GLWUSDT | 0.0000% | 8h | 161.32 | +0.037% | $41K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 161.37 | +0.068% | $923K | $195K | 25x | as long as short |
| Gate GLW_USDT | 0.0000% | 8h | 161.13 | −0.081% | $2.2M | $4.2M | 50x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 161.27 | +0.006% | $1K | $2.0M | 10x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 161.30 | +0.025% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 161.17 | −0.056% | $301K | $97K | 10x | as long as short |
| HTX GLW-USDT | +0.0061% | 8h | 161.33 | +0.043% | $17K | $16K | 20x | as long as short |
| QFEX GLW-USD | +0.0065% | 1h | 161.28 | +0.012% | $1.1M | $2.2M | 10x | as long as short |
| KuCoin GLWUSDTM | +0.0100% | 8h | 161.24 | −0.012% | $321K | $995K | 20x | as long as short |
Paragon para:GLW
Aster GLWUSDT
Bybit GLWUSDT
Gate GLW_USDT
SunX GLW-USDT
Vest GLW-USD-PERP
Ondo Perps GLW-USD.P
HTX GLW-USDT
QFEX GLW-USD
KuCoin GLWUSDTMShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 161.27 | +0.006% | $2K | $2K | 10x | as long as short |
| Bitget GLWUSDT | +0.0143% | 8h | 161.27 | +0.006% | $2.2M | $929K | 20x | as long as short |
| OKX GLW-USDT-SWAP | +0.0251% | 8h | 161.29 | +0.019% | $2.3M | $4.5M | 20x | as long as short |
| BloFin GLW-USDTshort | +0.0512% | 8h | 161.53 | +0.167% | $151K | $35K | 20x | |
| Extended GLW-USD | +0.0528% | 1h | 161.21 | −0.032% | $2K | $2K | 10x | as long as short |
| Binance GLWUSDTlong | +0.0534% | 8h | 161.26 | long leg | $11.0M | $21.1M | 20x | |
| GRVT GLW_USDT_Perp | +0.0583% | 8h | 161.25 | −0.006% | $119 | $175K | 10x | as long as short |
Orderly PERP_GLW_USDC_mythos
Bitget GLWUSDT
OKX GLW-USDT-SWAP
Extended GLW-USD
GRVT GLW_USDT_Perp