Funding you earn now, next payment 00:00 UTC−0.0188%/8h= −20.6% APRnext payment −$1.88 per $10,000 · paid last 24h +0.060%
Price spread now: Gate against Bitget−0.043%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$690.686% of the position
Funding, last 7 days−0.062%−$6 on $10k
+Price spread, last 7 days+0.016%+$2 · spread now −0.043%, 7d avg −0.039%
=The price spread sits at its 7-day average of −0.039%, so right now this pair is about funding alone: −$6 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 -0.062% in total (about -3.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.88 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 | 161.37 | 0.0188 | pay 0.0188% / 8h | 3m 42s | $2.2M | $939K | 20x |
| Short | Gate GLW_USDT | 161.30 | 0 | get 0.0000% / 8h | 3m 42s | $2.2M | $4.3M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bitget. 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
- −$39.48
- Price spread: −0.043% → −0.039%
- −$0.41
- Slippage, 4 orders
- −$41.6
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$108.49
- Costs to cover
- 0.686%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 min ago; Gate: live order book, 4 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, 3 min ago | 4.96 bp | 17.2 bp −$17 | 34.8 bp −$348 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 6.51 bp | 19.5 bp −$20 | 133.2 bp −$1,332 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:GLW | −0.0048% | 1h | 161.26 | −0.068% | $321K | $29K | 10x | as long as short |
| Aster GLWUSDT | 0.0000% | 8h | 161.46 | +0.057% | $41K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 161.42 | +0.031% | $931K | $199K | 25x | as long as short |
| Gate GLW_USDTshort | 0.0000% | 8h | 161.30 | −0.043% | $2.2M | $4.3M | 50x | |
| SunX GLW-USDT | 0.0000% | 8h | 161.37 | 0.000% | $963 | $2.0M | 10x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 161.31 | −0.037% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 161.28 | −0.056% | $301K | $107K | 10x | as long as short |
| QFEX GLW-USD | +0.0065% | 1h | 161.41 | +0.025% | $1.1M | $2.3M | 10x | as long as short |
| HTX GLW-USDT | +0.0091% | 8h | 161.59 | +0.136% | $17K | $16K | 20x | as long as short |
| KuCoin GLWUSDTM | +0.0100% | 8h | 161.39 | +0.012% | $325K | $1.0M | 20x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 161.41 | +0.025% | $2K | $2K | 10x | as long as short |
| Bitget GLWUSDTlong | +0.0188% | 8h | 161.37 | long leg | $2.2M | $939K | 20x | |
| OKX GLW-USDT-SWAP | +0.0265% | 8h | 161.50 | +0.081% | $2.3M | $4.5M | 20x | as long as short |
| BloFin GLW-USDT | +0.0562% | 8h | 161.52 | +0.093% | $150K | $36K | 20x | as long as short |
| Extended GLW-USD | +0.0584% | 1h | 161.43 | +0.037% | $2K | $2K | 10x | as long as short |
| Binance GLWUSDT | +0.0586% | 8h | 161.46 | +0.056% | $11.0M | $21.2M | 20x | as long as short |
| GRVT GLW_USDT_Perp | +0.0621% | 8h | 161.22 | −0.092% | $537 | $175K | 10x | as long as short |
Bitget GLWUSDT
Gate GLW_USDT
Paragon para:GLW
Aster GLWUSDT
Bybit GLWUSDT
SunX GLW-USDT
HTX GLW-USDT
KuCoin GLWUSDTM
OKX GLW-USDT-SWAP
BloFin GLW-USDT
Extended GLW-USD
Binance GLWUSDT
GRVT GLW_USDT_Perp