Funding you earn now, next payment 11:00 UTC−0.0073%/8h= −8.0% APRpaid last 24h −0.061%
Price spread now: QFEX against Binance−0.041%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$410.412% of the position
Funding, last 4 days (all we have)−0.141%−$14 on $10k
+Price spread, last 7 days+0.005%+$1 · spread now −0.041%, 7d avg −0.047%
=The price spread sits at its 7-day average of −0.047%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GLWUSDT | 159.12 | 0.0132 | pay 0.0132% / 8h | 5h 27m | $10.5M | $27.0M | 20x |
| Short | QFEX GLW-USD | 159.05 | 0.0059 | get 0.0007% / 1h | 27m 54s | $1.1M | $1.8M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$15.29
- Price spread: −0.041% → −0.047%
- $0.62
- Slippage, 4 orders
- −$21.19
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$55.86
- Costs to cover
- 0.412%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; QFEX: live order book, 7 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, 6 min ago | 0.94 bp | 13.2 bp −$13 | 48.5 bp −$485 | 148.8 bp −$14.9K | doesn't fit |
| Sell QFEX live order book, 7 min ago | 1.26 bp | 7.5 bp −$7 | 14.0 bp −$140 | 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 | 159.06 | −0.038% | $65K | $53K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 159.03 | −0.054% | $906K | $243K | 25x | as long as short |
| Gate GLW_USDT | 0.0000% | 8h | 158.92 | −0.123% | $2.2M | $4.4M | 50x | as long as short |
| Bitget GLWUSDT | 0.0000% | 8h | 159.01 | −0.066% | $2.1M | $1.1M | 20x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 159.07 | −0.029% | $1K | $1.6M | 10x | as long as short |
| HTX GLW-USDT | +0.0020% | 8h | 159.07 | −0.029% | $17K | $27K | 20x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 159.05 | −0.041% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 158.93 | −0.117% | $281K | $111K | 10x | as long as short |
| QFEX GLW-USDshort | +0.0059% | 1h | 159.05 | −0.041% | $1.1M | $1.8M | 10x | |
| Paragon para:GLW | +0.0060% | 1h | 158.95 | −0.101% | $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 | 158.98 | −0.085% | $380K | $866K | 20x | as long as short |
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 158.97 | −0.091% | $2K | $3K | 10x | as long as short |
| BloFin GLW-USDT | +0.0105% | 8h | 159.21 | +0.059% | $152K | $46K | 20x | as long as short |
| Binance GLWUSDTlong | +0.0132% | 8h | 159.12 | long leg | $10.5M | $27.0M | 20x | |
| Extended GLW-USD | +0.0136% | 1h | 159.04 | −0.047% | $2K | $1K | 10x | as long as short |
| OKX GLW-USDT-SWAP | +0.0145% | 8h | 159.06 | −0.035% | $2.2M | $5.1M | 20x | as long as short |
| GRVT GLW_USDT_Perp | +0.0634% | 8h | 159.06 | −0.036% | $444 | $239K | 10x | as long as short |
Binance GLWUSDT
Aster GLWUSDT
Bybit GLWUSDT
Gate GLW_USDT
Bitget GLWUSDT
SunX GLW-USDT
HTX GLW-USDT
Paragon para:GLW
KuCoin GLWUSDTM
BloFin GLW-USDT
Extended GLW-USD
OKX GLW-USDT-SWAP
GRVT GLW_USDT_Perp