Funding you earn now, next payment 08:00 UTC−0.0426%/8h= −46.6% APRnext payment −$4.26 per $10,000 · paid last 24h −0.122%
Price spread now: SunX against Binance−0.113%7-day average −0.057% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.250%−$25 on $10k
+Price spread, last 2 days (all we have)+0.022%+$2 · spread now −0.113%, 7d avg −0.057%
=Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and SunX is 0.056% cheaper against Binance than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.057%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.250% in total (about -13.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.26 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 | 162.07 | 0.0426 | pay 0.0426% / 8h | 5h 58m | $10.7M | $21.6M | 20x |
| Short | SunX GLW-USDT | 161.89 | 0 | get 0.0000% / 8h | 5h 58m | $915 | $1.8M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$89.42
- Price spread: −0.113% → −0.057%
- −$5.6
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$113.02
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 13 min ago; SunX: live order book, 7 min ago. Net counts fees only.
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, 13 min ago | 1.24 bp | 11.4 bp −$11 | 33.2 bp −$332 | 108.0 bp −$10.8K | doesn't fit |
| Sell SunX live order book, 7 min ago | 500.37 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
GLW on 16 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 | −0.0638% | 1h | 161.76 | −0.192% | $321K | $37K | 10x | as long as short |
| Aster GLWUSDT | 0.0000% | 8h | 162.04 | −0.022% | $41K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 161.83 | −0.150% | $929K | $197K | 25x | as long as short |
| Gate GLW_USDT | 0.0000% | 8h | 161.82 | −0.156% | $2.2M | $4.3M | 50x | as long as short |
| SunX GLW-USDTshort | 0.0000% | 8h | 161.89 | −0.113% | $915 | $1.8M | 10x | |
| HTX GLW-USDT | 0.0000% | 8h | 161.85 | −0.138% | $17K | $16K | 20x | as long as short |
| GRVT GLW_USDT_Perp | +0.0026% | 8h | 161.80 | −0.170% | $306 | $170K | 10x | as long as short |
| QFEX GLW-USD | +0.0034% | 1h | 161.90 | −0.107% | $1.1M | $2.2M | 10x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 161.84 | −0.144% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 161.64 | −0.267% | $303K | $106K | 10x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GLWUSDTM | +0.0100% | 8h | 161.83 | −0.150% | $326K | $959K | 20x | as long as short |
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 161.94 | −0.082% | $2K | $2K | 10x | as long as short |
| OKX GLW-USDT-SWAP | +0.0204% | 8h | 162.09 | +0.010% | $2.3M | $4.4M | 20x | as long as short |
| Bitget GLWUSDT | +0.0280% | 8h | 161.94 | −0.082% | $2.2M | $816K | 20x | as long as short |
| Extended GLW-USD | +0.0424% | 1h | 162.00 | −0.043% | $2K | $1K | 10x | as long as short |
| Binance GLWUSDTlong | +0.0426% | 8h | 162.07 | long leg | $10.7M | $21.6M | 20x |
Binance GLWUSDT
SunX GLW-USDT
Paragon para:GLW
Aster GLWUSDT
Bybit GLWUSDT
Gate GLW_USDT
HTX GLW-USDT
GRVT GLW_USDT_Perp
KuCoin GLWUSDTM
OKX GLW-USDT-SWAP
Bitget GLWUSDT
Extended GLW-USD