Funding you earn now, next payment 08:00 UTC−0.0259%/8h= −28.4% APRnext payment −$2.59 per $10,000 · paid last 24h −0.019%
Price spread now: SunX against Bitget−0.117%7-day average −0.059% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.129%−$13 on $10k
+Price spread, last 4 days (all we have)+0.044%+$4 · spread now −0.117%, 7d avg −0.059%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and SunX is 0.059% cheaper against Bitget than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.059%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.129% in total (about -6.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.59 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 | 162.25 | 0.0259 | pay 0.0259% / 8h | 5h 33m | $2.2M | $817K | 20x |
| Short | SunX GLW-USDT | 162.06 | 0 | get 0.0000% / 8h | 5h 33m | $891 | $1.8M | 10x |
Bitget GLWUSDT
SunX GLW-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$54.39
- Price spread: −0.117% → −0.059%
- −$5.85
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$80.24
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 3 min ago; SunX: live order book, 12 min ago. 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, 3 min ago | 2.16 bp | 21.8 bp −$22 | 29.1 bp −$291 | 142.5 bp −$14.3K | doesn't fit |
| Sell SunX live order book, 12 min ago | 500.20 bp | doesn't fit | 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 | −0.0598% | 1h | 161.96 | −0.177% | $322K | $37K | 10x | as long as short |
| Aster GLWUSDT | 0.0000% | 8h | 162.22 | −0.020% | $41K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 162.17 | −0.049% | $930K | $198K | 25x | as long as short |
| Gate GLW_USDT | 0.0000% | 8h | 162.16 | −0.055% | $2.2M | $4.3M | 50x | as long as short |
| SunX GLW-USDTshort | 0.0000% | 8h | 162.06 | −0.117% | $891 | $1.8M | 10x | |
| HTX GLW-USDT | 0.0000% | 8h | 162.25 | 0.000% | $17K | $16K | 20x | as long as short |
| QFEX GLW-USD | +0.0044% | 1h | 162.23 | −0.012% | $1.1M | $2.1M | 10x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 162.09 | −0.099% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 162.01 | −0.148% | $303K | $107K | 10x | as long as short |
| KuCoin GLWUSDTM | +0.0100% | 8h | 162.07 | −0.111% | $326K | $948K | 20x | as long as short |
Paragon para:GLW
Aster GLWUSDT
Bybit GLWUSDT
Gate GLW_USDT
HTX GLW-USDT
QFEX GLW-USD
Vest GLW-USD-PERP
Ondo Perps GLW-USD.P
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 | 162.17 | −0.049% | $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 | +0.0242% | 8h | 162.39 | +0.086% | $2.3M | $4.4M | 20x | as long as short |
| Bitget GLWUSDTlong | +0.0259% | 8h | 162.25 | long leg | $2.2M | $817K | 20x | |
| Binance GLWUSDT | +0.0415% | 8h | 162.32 | +0.043% | $10.7M | $21.7M | 20x | as long as short |
| Extended GLW-USD | +0.0416% | 1h | 162.25 | −0.003% | $2K | $1K | 10x | as long as short |
| BloFin GLW-USDT | +0.0427% | 8h | 162.13 | −0.074% | $155K | $36K | 20x | as long as short |
Orderly PERP_GLW_USDC_mythos
GRVT GLW_USDT_Perp
OKX GLW-USDT-SWAP
Binance GLWUSDT
Extended GLW-USD
BloFin GLW-USDT