Funding you earn now, next payment 08:00 UTC−0.0155%/8h= −17.0% APRnext payment −$1.55 per $10,000 · paid last 24h −0.096%
Price spread now: Bitget against BloFin−0.037%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$580.582% of the position
Funding, last 7 days−0.123%−$12 on $10k
+Price spread, last 4 days (all we have)+0.097%+$10 · spread now −0.037%, 7d avg −0.013%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Bitget is 0.024% cheaper against BloFin than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.013%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin GLW-USDT | 162.33 | 0.0414 | pay 0.0414% / 8h | 5h 33m | $155K | $36K | 20x |
| Short | Bitget GLWUSDT | 162.27 | 0.0259 | get 0.0259% / 8h | 5h 33m | $2.2M | $817K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$32.64
- Price spread: −0.037% → −0.013%
- −$2.44
- Slippage, 4 orders
- −$34.19
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$93.27
- Costs to cover
- 0.582%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 4 min ago; Bitget: 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 BloFin live order book, 4 min ago | 1.54 bp | 9.0 bp −$9 | 22.1 bp −$221 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 2.16 bp | 16.0 bp −$16 | 39.8 bp −$398 | 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 | −0.226% | $322K | $37K | 10x | as long as short |
| Aster GLWUSDT | 0.0000% | 8h | 162.24 | −0.054% | $41K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 162.18 | −0.092% | $930K | $198K | 25x | as long as short |
| Gate GLW_USDT | 0.0000% | 8h | 162.15 | −0.111% | $2.2M | $4.3M | 50x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 162.06 | −0.166% | $891 | $1.8M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 162.25 | −0.049% | $17K | $16K | 20x | as long as short |
| QFEX GLW-USD | +0.0044% | 1h | 162.23 | −0.062% | $1.1M | $2.1M | 10x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 162.09 | −0.148% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 162.01 | −0.197% | $303K | $107K | 10x | as long as short |
| KuCoin GLWUSDTM | +0.0100% | 8h | 162.13 | −0.123% | $326K | $947K | 20x | as long as short |
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 | 162.21 | −0.074% | $2K | $2K | 10x | as long as short |
| GRVT GLW_USDT_Perp | +0.0119% | 8h | 162.13 | −0.123% | $131 | $173K | 10x | as long as short |
| OKX GLW-USDT-SWAP | +0.0242% | 8h | 162.39 | +0.037% | $2.3M | $4.4M | 20x | as long as short |
| Bitget GLWUSDTshort | +0.0259% | 8h | 162.27 | −0.037% | $2.2M | $817K | 20x | |
| BloFin GLW-USDTlong | +0.0414% | 8h | 162.33 | long leg | $155K | $36K | 20x | |
| Binance GLWUSDT | +0.0415% | 8h | 162.31 | −0.012% | $10.7M | $21.7M | 20x | as long as short |
| Extended GLW-USD | +0.0416% | 1h | 162.26 | −0.040% | $2K | $1K | 10x | as long as short |
BloFin GLW-USDT
Bitget GLWUSDT
Paragon para:GLW
Aster GLWUSDT
Bybit GLWUSDT
Gate GLW_USDT
SunX GLW-USDT
HTX GLW-USDT
KuCoin GLWUSDTM
GRVT GLW_USDT_Perp
OKX GLW-USDT-SWAP
Binance GLWUSDT
Extended GLW-USD