Funding you earn now, next payment 03:00 UTC−0.0211%/8h= −23.1% APRpaid last 24h −0.003%
Price spread now: Ondo Perps against Bitget−0.148%50s7-day average −0.084% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.033%+$3 on $10k
+Price spread, last 4 days (all we have)+0.307%+$31 · spread now −0.148%, 7d avg −0.084%
=Together, before fees+0.339%+ Points / potential airdropOndo Perps: Active · farm board+$34 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Ondo Perps is 0.064% cheaper against Bitget than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.084%). Swap the legs. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.033% in total (about 1.7% a year). A funding rate is set anew for every payment. 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 | 162.25 | 0.0261 | pay 0.0261% / 8h | 5h 31m | $2.2M | $817K | 20x |
| Short | Ondo Perps GLW-USD.P | 162.01 | 0.0050 | get 0.0006% / 1h | 31m 43s | $303K | $107K | 10x |
Bitget GLWUSDT
Ondo Perps GLW-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps 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
- −$44.23
- Price spread: −0.148% → −0.084%
- −$6.4
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$67.63
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 5 min ago; Ondo Perps: no order-book sample. 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 Bitget live order book, 5 min ago | 2.16 bp | 21.8 bp −$22 | 29.1 bp −$291 | 142.5 bp −$14.3K | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0604% | 1h | 162.06 | −0.114% | $322K | $37K | 10x | as long as short |
| Aster GLWUSDT | 0.0000% | 8h | 162.32 | +0.042% | $41K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 162.18 | −0.043% | $930K | $198K | 25x | as long as short |
| Gate GLW_USDT | 0.0000% | 8h | 162.17 | −0.049% | $2.2M | $4.3M | 50x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 162.21 | −0.025% | $892 | $1.8M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 162.25 | 0.000% | $17K | $16K | 20x | as long as short |
| QFEX GLW-USD | +0.0044% | 1h | 162.22 | −0.018% | $1.1M | $2.1M | 10x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 162.15 | −0.062% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.Pshort | +0.0050% | 1h | 162.01 | −0.148% | $303K | $107K | 10x | |
| KuCoin GLWUSDTM | +0.0100% | 8h | 162.14 | −0.068% | $326K | $947K | 20x | as long as short |
Paragon para:GLW
Aster GLWUSDT
Bybit GLWUSDT
Gate GLW_USDT
SunX GLW-USDT
HTX GLW-USDT
QFEX GLW-USD
Vest GLW-USD-PERP
KuCoin GLWUSDTMShow 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 | 162.27 | +0.012% | $2K | $2K | 10x | as long as short |
| GRVT GLW_USDT_Perp | +0.0119% | 8h | 162.13 | −0.074% | $131 | $173K | 10x | as long as short |
| OKX GLW-USDT-SWAP | +0.0244% | 8h | 162.33 | +0.049% | $2.3M | $4.4M | 20x | as long as short |
| Bitget GLWUSDTlong | +0.0261% | 8h | 162.25 | long leg | $2.2M | $817K | 20x | |
| BloFin GLW-USDT | +0.0414% | 8h | 162.33 | +0.049% | $155K | $36K | 20x | as long as short |
| Extended GLW-USD | +0.0416% | 1h | 162.24 | −0.009% | $2K | $1K | 10x | as long as short |
| Binance GLWUSDT | +0.0417% | 8h | 162.30 | +0.029% | $10.7M | $21.7M | 20x | as long as short |
Orderly PERP_GLW_USDC_mythos
GRVT GLW_USDT_Perp
OKX GLW-USDT-SWAP
BloFin GLW-USDT
Extended GLW-USD
Binance GLWUSDT