GLW

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0587%/8h= −64.3% APRnext payment −$5.87 per $10,000 · paid last 24h −0.019%

Price spread now: Gate against Binance−0.099%7-day average −0.085% · you buy dearer than you sell

Net, funding: paid 7d − costs−$73as in the Funding arb table

Net, price: spread back to 7d avg − costs−$60as in the Price arb table

costs, in and out, $10k−$590.588% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.146%−$15 on $10k

Price spread, last 2 days (all we have)+0.037%+$4 · spread now −0.099%, 7d avg −0.085%

Together, before fees−0.109%−$11 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.085%, so right now this pair is about funding alone: −$18 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 -0.146% in total (about -7.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.87 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	Binance GLWUSDT	161.50	0.0587	pay 0.0587% / 8h	0m 59s	$11.0M	$21.2M	20x
Short	Gate GLW_USDT	161.34	0	get 0.0000% / 8h	0m 59s	$2.2M	$4.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.099%Rate

Funding earned: −$123.31
Price spread: −0.099% → −0.085%: −$1.4
Slippage, 4 orders: −$33.82
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$183.53
Costs to cover: 0.588%
Break-even: never at this rate

Slippage from Binance: live order book, 10 min ago; Gate: live order book, 2 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, 10 min ago	1.24 bp	10.3 bp −$10	33.0 bp −$330	116.5 bp −$11.7K	doesn't fit
Sell Gate live order book, 2 min ago	7.75 bp	20.5 bp −$21	124.0 bp −$1,240	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	−0.0048%	1h	161.30	−0.123%	$321K	$29K	10x	as long as short
Aster GLWUSDT	0.0000%	8h	161.52	+0.013%	$41K	$1K	20x	as long as short
Bybit GLWUSDT	0.0000%	8h	161.50	0.000%	$934K	$201K	25x	as long as short
Gate GLW_USDTshort	0.0000%	8h	161.34	−0.099%	$2.2M	$4.3M	50x
SunX GLW-USDT	0.0000%	8h	161.35	−0.093%	$963	$2.0M	10x	as long as short
Vest GLW-USD-PERP	+0.0046%	1h	161.37	−0.080%	—	—	10x	as long as short
Ondo Perps GLW-USD.P	+0.0050%	1h	161.18	−0.198%	$301K	$107K	10x	as long as short
QFEX GLW-USD	+0.0065%	1h	161.45	−0.031%	$1.1M	$2.3M	10x	as long as short
HTX GLW-USDT	+0.0090%	8h	161.59	+0.056%	$17K	$16K	20x	as long as short
KuCoin GLWUSDTM	+0.0100%	8h	161.42	−0.050%	$326K	$1.0M	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	161.47	−0.019%	$2K	$2K	10x	as long as short
Bitget GLWUSDT	+0.0186%	8h	161.48	−0.012%	$2.2M	$939K	20x	as long as short
OKX GLW-USDT-SWAP	+0.0266%	8h	161.52	+0.012%	$2.3M	$4.5M	20x	as long as short
BloFin GLW-USDT	+0.0565%	8h	161.54	+0.025%	$150K	$36K	20x	as long as short
Extended GLW-USD	+0.0584%	1h	161.47	−0.020%	$2K	$2K	10x	as long as short
Binance GLWUSDTlong	+0.0587%	8h	161.50	long leg	$11.0M	$21.2M	20x
GRVT GLW_USDT_Perp	+0.0628%	8h	161.44	−0.037%	$538	$175K	10x	as long as short