GLW

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0369%/8h= −40.4% APRnext payment −$3.69 per $10,000 · paid last 24h −0.122%

Price spread now: Bybit against Binance−0.020%7-day average −0.063% · you buy dearer than you sell

Net, funding: paid 7d − costs−$86as in the Funding arb table

Net, price: spread back to 7d avg − costs−$49as in the Price arb table

costs, in and out, $10k−$530.530% of the position

Long on Binance Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.327%−$33 on $10k

Price spread, last 4 days (all we have)−0.461%−$46 · spread now −0.020%, 7d avg −0.063%

Together, before fees−0.789%−$79 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.043% dearer against Binance than usual: you sell high and buy low (spread −0.020% now, against its 7-day average of −0.063%): +$4 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 7 days (−0.327% in total) that is about 22 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance GLWUSDT	162.28	0.0369	pay 0.0369% / 8h	4h 45m	$10.7M	$21.9M	20x
Short	Bybit GLWUSDT	162.25	0	get 0.0000% / 8h	4h 45m	$931K	$200K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Binance. 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 BinancebpFee BybitbpOrdersPrice spread, now −0.020%Rate

Funding earned: −$77.4
Price spread: −0.020% → −0.063%: $4.29
Slippage, 4 orders: −$31.96
Fee Binance: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$126.08
Costs to cover: 0.530%
Break-even: never at this rate

Slippage from Binance: live order book, 11 min ago; Bybit: live order book, 10 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, 11 min ago	0.92 bp	8.6 bp −$9	28.4 bp −$284	152.7 bp −$15.3K	doesn't fit
Sell Bybit live order book, 10 min ago	4.31 bp	21.8 bp −$22	173.6 bp −$1,736	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	−0.0427%	1h	161.97	−0.195%	$322K	$37K	10x	as long as short
Aster GLWUSDT	0.0000%	8h	162.47	+0.113%	$41K	$1K	20x	as long as short
Bybit GLWUSDTshort	0.0000%	8h	162.25	−0.020%	$931K	$200K	25x
Gate GLW_USDT	0.0000%	8h	162.12	−0.100%	$2.2M	$4.3M	50x	as long as short
SunX GLW-USDT	0.0000%	8h	162.18	−0.063%	$892	$1.8M	10x	as long as short
HTX GLW-USDT	0.0000%	8h	162.14	−0.088%	$17K	$16K	20x	as long as short
Vest GLW-USD-PERP	+0.0046%	1h	162.21	−0.044%	—	—	10x	as long as short
Ondo Perps GLW-USD.P	+0.0050%	1h	161.96	−0.198%	$303K	$108K	10x	as long as short
QFEX GLW-USD	+0.0078%	1h	162.10	−0.112%	$1.1M	$2.0M	10x	as long as short
KuCoin GLWUSDTM	+0.0100%	8h	162.18	−0.063%	$327K	$939K	20x	as long as short

Show 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	162.20	−0.051%	$2K	$2K	10x	as long as short
GRVT GLW_USDT_Perp	+0.0140%	8h	162.13	−0.094%	$447	$179K	10x	as long as short
Bitget GLWUSDT	+0.0236%	8h	162.24	−0.026%	$2.2M	$839K	20x	as long as short
OKX GLW-USDT-SWAP	+0.0247%	8h	162.38	+0.060%	$2.3M	$4.4M	20x	as long as short
Extended GLW-USD	+0.0368%	1h	162.21	−0.042%	$2K	$1K	10x	as long as short
Binance GLWUSDTlong	+0.0369%	8h	162.28	long leg	$10.7M	$21.9M	20x
BloFin GLW-USDT	+0.0393%	8h	162.06	−0.137%	$155K	$36K	20x	as long as short