Funding you earn now, next payment 00:00 UTC−0.0043%/8h= −4.7% APRnext payment −$0.43 per $10,000 · paid last 24h +0.010%
Price spread now: KuCoin against Bitget−0.037%7-day average −0.090% · you buy dearer than you sell
Net, funding: paid 7d − costs−$816as in the Funding arb table
Net, price: spread back to 7d avg − costs−$821as in the Price arb table
costs, in and out, $10k−$8268.259% of the position
Funding, last 7 days+0.100%+$10 on $10k
+Price spread, last 4 days (all we have)+0.014%+$1 · spread now −0.037%, 7d avg −0.090%
=The price spread pays, funding is against you. KuCoin is 0.053% dearer against Bitget than usual: you sell high and buy low (spread −0.037% now, against its 7-day average of −0.090%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.1 days. Mind the row above: over the last 7 days funding on this pair paid +0.100%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget GLWUSDT | 161.26 | 0.0143 | pay 0.0143% / 8h | 23m 14s | $2.2M | $929K | 20x |
| Short | KuCoin GLWUSDTM | 161.20 | 0.0100 | get 0.0100% / 8h | 23m 14s | $321K | $995K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$9.03
- Price spread: −0.037% → −0.090%
- $5.27
- Slippage, 4 orders
- −$801.89
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$829.66
- Costs to cover
- 8.259%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; KuCoin: live order book, 46 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, 4 min ago | 2.17 bp | 12.2 bp −$12 | 33.3 bp −$333 | 139.5 bp −$13.9K | doesn't fit |
| Sell KuCoin live order book, 46 min ago | 0.63 bp | 374.6 bp −$375 | doesn't fit | 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 | −0.0039% | 1h | 161.30 | +0.024% | $321K | $29K | 10x | as long as short |
| Aster GLWUSDT | 0.0000% | 8h | 161.30 | +0.027% | $41K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 161.34 | +0.050% | $923K | $195K | 25x | as long as short |
| Gate GLW_USDT | 0.0000% | 8h | 161.13 | −0.081% | $2.2M | $4.2M | 50x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 161.06 | −0.124% | $1K | $2.0M | 10x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 161.37 | +0.068% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 161.17 | −0.056% | $301K | $97K | 10x | as long as short |
| HTX GLW-USDT | +0.0060% | 8h | 161.10 | −0.099% | $16K | $16K | 20x | as long as short |
| QFEX GLW-USD | +0.0065% | 1h | 161.28 | +0.012% | $1.1M | $2.2M | 10x | as long as short |
| KuCoin GLWUSDTMshort | +0.0100% | 8h | 161.20 | −0.037% | $321K | $995K | 20x |
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 | 161.17 | −0.056% | $2K | $2K | 10x | as long as short |
| Bitget GLWUSDTlong | +0.0143% | 8h | 161.26 | long leg | $2.2M | $929K | 20x | |
| OKX GLW-USDT-SWAP | +0.0251% | 8h | 161.26 | 0.000% | $2.3M | $4.5M | 20x | as long as short |
| Binance GLWUSDT | +0.0534% | 8h | 161.19 | −0.043% | $11.0M | $21.1M | 20x | as long as short |
| Extended GLW-USD | +0.0536% | 1h | 161.16 | −0.063% | $2K | $2K | 10x | as long as short |
| BloFin GLW-USDT | +0.0548% | 8h | 161.31 | +0.031% | $150K | $35K | 20x | as long as short |
| GRVT GLW_USDT_Perp | +0.0583% | 8h | 161.25 | −0.006% | $119 | $175K | 10x | as long as short |
Bitget GLWUSDT
KuCoin GLWUSDTM
Paragon para:GLW
Aster GLWUSDT
Bybit GLWUSDT
Gate GLW_USDT
SunX GLW-USDT
HTX GLW-USDT
OKX GLW-USDT-SWAP
Binance GLWUSDT
Extended GLW-USD
BloFin GLW-USDT
GRVT GLW_USDT_Perp