Funding you earn now, next payment 08:00 UTC+0.1120%/8h= +122.6% APRnext payment +$11.20 per $10,000 · paid last 24h +0.054%
Price spread now: OKX against Bitget−0.013%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$730.730% of the position
Funding, last 7 days−0.054%−$5 on $10k
+Price spread, last 7 days−0.002%$0 · spread now −0.013%, 7d avg +0.004%
=The price spread sits at its 7-day average of +0.004%, so right now this pair is about funding alone: +$34 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.054%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.054% in total (about -2.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$11.20 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 | 157.95 | −0.1022 | get 0.1022% / 8h | 2h 13m | $2.1M | $876K | 20x |
| Short | OKX GLW-USDT-SWAP | 157.93 | 0.0098 | get 0.0098% / 8h | 2h 13m | $2.2M | $4.7M | 20x |
Bitget GLWUSDT
OKX GLW-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $235.14
- Price spread: −0.013% → +0.004%
- −$1.71
- Slippage, 4 orders
- −$50.96
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $160.47
- Costs to cover
- 0.730%
- Break-even
- 2.2 days
Slippage from Bitget: live order book, 4 min ago; OKX: 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, 4 min ago | 3.17 bp | 21.7 bp −$22 | 54.8 bp −$548 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 1.59 bp | 15.6 bp −$16 | 37.3 bp −$373 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget GLWUSDTlong | −0.1022% | 8h | 157.95 | long leg | $2.1M | $876K | 20x | |
| Gate GLW_USDT | −0.0183% | 8h | 157.71 | −0.152% | $2.2M | $4.3M | 50x | as long as short |
| Aster GLWUSDT | 0.0000% | 8h | 157.86 | −0.058% | $40K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 157.58 | −0.234% | $907K | $222K | 25x | as long as short |
| GRVT GLW_USDT_Perp | 0.0000% | 8h | 157.50 | −0.285% | $225 | $206K | 10x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 157.25 | −0.443% | $1K | $1.7M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 157.78 | −0.108% | $16K | $16K | 20x | as long as short |
| QFEX GLW-USD | +0.0032% | 1h | 157.81 | −0.089% | $1.1M | $1.8M | 10x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 157.68 | −0.171% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 157.21 | −0.469% | $287K | $117K | 10x | as long as short |
Gate GLW_USDT
Aster GLWUSDT
Bybit GLWUSDT
GRVT GLW_USDT_Perp
SunX GLW-USDT
HTX GLW-USDT
QFEX GLW-USD
Vest GLW-USD-PERP
Ondo Perps GLW-USD.PShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended GLW-USD | +0.0056% | 1h | 157.78 | −0.109% | $2K | $1K | 10x | as long as short |
| Binance GLWUSDT | +0.0059% | 8h | 157.85 | −0.063% | $10.2M | $23.2M | 20x | as long as short |
| Paragon para:GLW | +0.0060% | 1h | 157.54 | −0.262% | $307K | $41K | 10x | as long as short |
| BloFin GLW-USDT | +0.0082% | 8h | 157.36 | −0.374% | $146K | $37K | 20x | as long as short |
| OKX GLW-USDT-SWAPshort | +0.0098% | 8h | 157.93 | −0.013% | $2.2M | $4.7M | 20x | |
| KuCoin GLWUSDTM | +0.0100% | 8h | 157.62 | −0.209% | $318K | $900K | 20x | as long as short |
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 157.67 | −0.177% | $2K | $2K | 10x | as long as short |
Extended GLW-USD
Binance GLWUSDT
Paragon para:GLW
BloFin GLW-USDT
KuCoin GLWUSDTM
Orderly PERP_GLW_USDC_mythos