Funding you earn now, next payment 08:00 UTC−0.0033%/8h= −3.6% APRnext payment −$0.33 per $10,000 · paid last 24h +0.001%
Price spread now: Binance against BloFin−0.053%101s7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$420.418% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 2 days (all we have)+0.051%+$5 · spread now −0.053%, 7d avg 0.000%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.053% cheaper against BloFin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of 0.000%). Swap the legs. The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin GLW-USDT | 161.82 | 0.0561 | pay 0.0561% / 8h | 6h 47m | $152K | $36K | 20x |
| Short | Binance GLWUSDT | 161.73 | 0.0528 | get 0.0528% / 8h | 6h 47m | $10.7M | $21.6M | 20x |
BloFin GLW-USDT
Binance GLWUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- −$6.92
- Price spread: −0.053% → 0.000%
- −$5.31
- Slippage, 4 orders
- −$19.77
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$54.01
- Costs to cover
- 0.418%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 4 min ago; Binance: live order book, 8 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 BloFin live order book, 4 min ago | 0.31 bp | 8.8 bp −$9 | 23.3 bp −$233 | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 1.24 bp | 8.5 bp −$8 | 36.5 bp −$365 | 79.6 bp −$7,956 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster GLWUSDT | 0.0000% | 8h | 161.93 | +0.066% | $41K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 161.67 | −0.093% | $932K | $194K | 25x | as long as short |
| Gate GLW_USDT | 0.0000% | 8h | 161.58 | −0.148% | $2.2M | $4.3M | 50x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 161.74 | −0.049% | $870 | $1.9M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 161.83 | +0.006% | $17K | $16K | 20x | as long as short |
| QFEX GLW-USD | +0.0034% | 1h | 161.66 | −0.099% | $1.1M | $2.2M | 10x | as long as short |
| Paragon para:GLW | +0.0044% | 1h | 161.75 | −0.045% | $321K | $38K | 10x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 161.91 | +0.056% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 161.88 | +0.037% | $302K | $105K | 10x | as long as short |
| KuCoin GLWUSDTM | +0.0100% | 8h | 161.66 | −0.099% | $325K | $980K | 20x | as long as short |
Aster GLWUSDT
Bybit GLWUSDT
Gate GLW_USDT
SunX GLW-USDT
HTX GLW-USDT
QFEX GLW-USD
Paragon para:GLW
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 | 161.83 | +0.006% | $2K | $2K | 10x | as long as short |
| OKX GLW-USDT-SWAP | +0.0198% | 8h | 161.71 | −0.068% | $2.3M | $4.3M | 20x | as long as short |
| GRVT GLW_USDT_Perp | +0.0200% | 8h | 161.84 | +0.012% | $555 | $168K | 10x | as long as short |
| Bitget GLWUSDT | +0.0367% | 8h | 161.74 | −0.049% | $2.2M | $792K | 20x | as long as short |
| Binance GLWUSDTshort | +0.0528% | 8h | 161.73 | −0.053% | $10.7M | $21.6M | 20x | |
| Extended GLW-USD | +0.0528% | 1h | 161.68 | −0.084% | $2K | $1K | 10x | as long as short |
| BloFin GLW-USDTlong | +0.0561% | 8h | 161.82 | long leg | $152K | $36K | 20x |
Orderly PERP_GLW_USDC_mythos
OKX GLW-USDT-SWAP
GRVT GLW_USDT_Perp
Bitget GLWUSDT
Extended GLW-USD