Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.049%
Price spread now: KuCoin against Binance+0.019%7-day average −0.101% · you sell dearer than you buy
Net, funding: paid 7d − costs−$819as in the Funding arb table
Net, price: spread back to 7d avg − costs−$803as in the Price arb table
costs, in and out, $10k−$8158.155% of the position
Funding, last 7 days−0.036%−$4 on $10k
+Price spread, last 4 days (all we have)+0.146%+$15 · spread now +0.019%, 7d avg −0.101%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.121% dearer against Binance than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.101%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GLWUSDT | 156.84 | 0 | get 0.0000% / 8h | 7h 41m | $10.4M | $25.5M | 20x |
| Short | KuCoin GLWUSDTM | 156.87 | 0.0100 | get 0.0100% / 8h | 7h 41m | $321K | $846K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21
- Price spread: +0.019% → −0.101%
- $12.05
- Slippage, 4 orders
- −$793.49
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$782.43
- Costs to cover
- 8.155%
- Break-even
- 267.8 days
Slippage from Binance: live order book, 14 min ago; KuCoin: live order book, 42 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, 14 min ago | 1.89 bp | 16.6 bp −$17 | 50.9 bp −$509 | 189.8 bp −$19.0K | doesn't fit |
| Sell KuCoin live order book, 42 min ago | 1.91 bp | 332.6 bp −$333 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget GLWUSDT | −0.0786% | 8h | 156.84 | 0.000% | $2.1M | $1.1M | 20x | as long as short |
| Gate GLW_USDT | −0.0535% | 8h | 156.73 | −0.070% | $2.2M | $4.4M | 50x | as long as short |
| BloFin GLW-USDT | −0.0016% | 8h | 157.06 | +0.140% | $149K | $40K | 20x | as long as short |
| Aster GLWUSDT | 0.0000% | 8h | 157.09 | +0.157% | $65K | $52K | 20x | as long as short |
| Extended GLW-USD | 0.0000% | 1h | 156.80 | −0.026% | $2K | $1K | 10x | as long as short |
| Binance GLWUSDTlong | 0.0000% | 8h | 156.84 | long leg | $10.4M | $25.5M | 20x | |
| Bybit GLWUSDT | 0.0000% | 8h | 156.85 | +0.006% | $900K | $246K | 25x | as long as short |
| GRVT GLW_USDT_Perp | 0.0000% | 8h | 157.21 | +0.233% | $468 | $217K | 10x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 156.69 | −0.096% | $1K | $1.7M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 156.88 | +0.026% | $17K | $22K | 20x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest GLW-USD-PERP | +0.0046% | 1h | 156.99 | +0.096% | — | — | 10x | as long as short |
| QFEX GLW-USD | +0.0047% | 1h | 156.99 | +0.096% | $1.1M | $1.7M | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0047% | 1h | 156.84 | 0.000% | $279K | $121K | 10x | as long as short |
| Paragon para:GLW | +0.0060% | 1h | 156.85 | +0.006% | $305K | $40K | 10x | as long as short |
| OKX GLW-USDT-SWAP | +0.0078% | 8h | 156.93 | +0.057% | $2.2M | $4.8M | 20x | as long as short |
| KuCoin GLWUSDTMshort | +0.0100% | 8h | 156.87 | +0.019% | $321K | $846K | 20x | |
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 157.04 | +0.128% | $2K | $3K | 10x | as long as short |
Binance GLWUSDT
KuCoin GLWUSDTM
Bitget GLWUSDT
Gate GLW_USDT
BloFin GLW-USDT
Aster GLWUSDT
Extended GLW-USD
Bybit GLWUSDT
GRVT GLW_USDT_Perp
SunX GLW-USDT
HTX GLW-USDT
Paragon para:GLW
OKX GLW-USDT-SWAP