GLW

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0252%/8h= +27.6% APRnext payment +$2.52 per $10,000 · paid last 24h +0.079%

Price spread now: Binance against Bitget+0.016%7-day average +0.010% · you sell dearer than you buy

Net, funding: paid 7d − costs−$63as in the Funding arb table

Net, price: spread back to 7d avg − costs−$71as in the Price arb table

costs, in and out, $10k−$710.712% of the position

Long on Bitget Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.084%+$8 on $10k

Price spread, last 2 days (all we have)+0.005%$0 · spread now +0.016%, 7d avg +0.010%

Together, before fees+0.089%+$9 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.010%, so right now this pair is about funding alone: +$8 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 0.084% in total (about 4.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.52 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	Bitget GLWUSDT	159.57	0	get 0.0000% / 8h	1h 35m	$2.2M	$860K	20x
Short	Binance GLWUSDT	159.60	0.0252	get 0.0252% / 8h	1h 35m	$10.8M	$20.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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 BitgetbpFee BinancebpOrdersPrice spread, now +0.016%Rate

Funding earned: $52.84
Price spread: +0.016% → +0.010%: $0.64
Slippage, 4 orders: −$49.23
Fee Bitget: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$17.75
Costs to cover: 0.712%
Break-even: 9.4 days

Slippage from Bitget: live order book, 2 min ago; Binance: live order book, 6 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 Bitget live order book, 2 min ago	1.88 bp	23.5 bp −$23	33.2 bp −$332	125.1 bp −$12.5K	doesn't fit
Sell Binance live order book, 6 min ago	0.31 bp	8.1 bp −$8	33.1 bp −$331	116.2 bp −$11.6K	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	−0.0045%	1h	159.35	−0.137%	$317K	$27K	10x	as long as short
Aster GLWUSDT	0.0000%	8h	159.53	−0.028%	$41K	$1K	20x	as long as short
Bybit GLWUSDT	0.0000%	8h	159.55	−0.013%	$914K	$215K	25x	as long as short
Gate GLW_USDT	0.0000%	8h	159.43	−0.088%	$2.2M	$4.1M	50x	as long as short
Bitget GLWUSDTlong	0.0000%	8h	159.57	long leg	$2.2M	$860K	20x
SunX GLW-USDT	0.0000%	8h	159.51	−0.038%	$809	$2.0M	10x	as long as short
HTX GLW-USDT	0.0000%	8h	159.61	+0.025%	$16K	$16K	20x	as long as short
Vest GLW-USD-PERP	+0.0046%	1h	159.51	−0.038%	—	—	10x	as long as short
QFEX GLW-USD	+0.0050%	1h	159.56	−0.006%	$1.1M	$2.1M	10x	as long as short
Ondo Perps GLW-USD.P	+0.0050%	1h	159.38	−0.119%	$299K	$85K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin GLWUSDTM	+0.0100%	8h	159.52	−0.031%	$317K	$979K	20x	as long as short
Orderly PERP_GLW_USDC_mythos	+0.0100%	8h	159.57	0.000%	$2K	$2K	10x	as long as short
OKX GLW-USDT-SWAP	+0.0139%	8h	159.61	+0.025%	$2.3M	$4.4M	20x	as long as short
Extended GLW-USD	+0.0248%	1h	159.56	−0.004%	$2K	$2K	10x	as long as short
Binance GLWUSDTshort	+0.0252%	8h	159.60	+0.016%	$10.8M	$20.8M	20x
BloFin GLW-USDT	+0.0262%	8h	159.65	+0.050%	$151K	$33K	20x	as long as short
GRVT GLW_USDT_Perp	+0.0377%	8h	159.61	+0.024%	$428	$185K	10x	as long as short