Funding you earn now, next payment 16:00 UTC+0.0015%/8h= +1.7% APRnext payment +$0.15 per $10,000 · paid last 24h −0.032%
Price spread now: OKX against Binance+0.021%7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$480.480% of the position
Funding, last 7 days−0.160%−$16 on $10k
+Price spread, last 7 days−0.052%−$5 · spread now +0.021%, 7d avg −0.020%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and OKX is 0.040% dearer against Binance than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.020%. Mind the row above: over the last 7 days funding on this pair cost −0.160%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GLWUSDT | 159.55 | 0.0128 | pay 0.0128% / 8h | 5h 08m | $10.5M | $27.0M | 20x |
| Short | OKX GLW-USDT-SWAP | 159.58 | 0.0143 | get 0.0143% / 8h | 5h 08m | $2.2M | $5.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $3.21
- Price spread: +0.021% → −0.020%
- $4.03
- Slippage, 4 orders
- −$28.01
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$40.77
- Costs to cover
- 0.480%
- Break-even
- 95.8 days
Slippage from Binance: live order book, 11 min ago; OKX: 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, 11 min ago | 1.57 bp | 12.1 bp −$12 | 32.9 bp −$329 | 129.4 bp −$12.9K | doesn't fit |
| Sell OKX live order book, 2 min ago | 0.31 bp | 11.2 bp −$11 | 26.1 bp −$261 | doesn't fit | doesn't fit |
GLW on 17 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster GLWUSDT | 0.0000% | 8h | 159.32 | −0.140% | $65K | $53K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 159.26 | −0.180% | $907K | $241K | 25x | as long as short |
| Gate GLW_USDT | 0.0000% | 8h | 159.35 | −0.123% | $2.2M | $4.4M | 50x | as long as short |
| Bitget GLWUSDT | 0.0000% | 8h | 159.45 | −0.061% | $2.1M | $1.1M | 20x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 159.49 | −0.036% | $1K | $1.6M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 159.55 | +0.002% | $17K | $27K | 20x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 159.33 | −0.136% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 159.36 | −0.117% | $281K | $111K | 10x | as long as short |
| QFEX GLW-USD | +0.0059% | 1h | 159.50 | −0.029% | $1.1M | $1.8M | 10x | as long as short |
| Paragon para:GLW | +0.0060% | 1h | 159.15 | −0.251% | $310K | $41K | 10x | as long as short |
Show all 17 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GLWUSDTM | +0.0100% | 8h | 159.26 | −0.180% | $381K | $867K | 20x | as long as short |
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 159.34 | −0.130% | $2K | $3K | 10x | as long as short |
| Binance GLWUSDTlong | +0.0128% | 8h | 159.55 | long leg | $10.5M | $27.0M | 20x | |
| Extended GLW-USD | +0.0128% | 1h | 159.49 | −0.035% | $2K | $1K | 10x | as long as short |
| OKX GLW-USDT-SWAPshort | +0.0143% | 8h | 159.58 | +0.021% | $2.2M | $5.1M | 20x | |
| BloFin GLW-USDT | +0.0152% | 8h | 159.54 | −0.004% | $152K | $47K | 20x | as long as short |
| GRVT GLW_USDT_Perp | +0.0488% | 8h | 159.29 | −0.162% | $809 | $244K | 10x | as long as short |
Binance GLWUSDT
OKX GLW-USDT-SWAP
Aster GLWUSDT
Bybit GLWUSDT
Gate GLW_USDT
Bitget GLWUSDT
SunX GLW-USDT
HTX GLW-USDT
Paragon para:GLW
KuCoin GLWUSDTM
Extended GLW-USD
BloFin GLW-USDT
GRVT GLW_USDT_Perp