Funding you earn now, next payment 08:00 UTC−0.0353%/8h= −38.7% APRnext payment −$3.53 per $10,000 · paid last 24h −0.065%
Price spread now: Gate against BloFin−0.062%63s7-day average −0.062% · you buy dearer than you sell
Net, funding: paid 7d − costs−$80as 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−$600.598% of the position
Funding, last 7 days−0.204%−$20 on $10k
+Price spread, last 4 days (all we have)+0.085%+$8 · spread now −0.062%, 7d avg −0.062%
=The price spread sits at its 7-day average of −0.062%, so right now this pair is about funding alone: −$11 a day on $10k at the current rate. The two prices were read 63 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 -0.204% in total (about -10.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.53 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 | BloFin GLW-USDT | 162.31 | 0.0353 | pay 0.0353% / 8h | 4h 42m | $156K | $36K | 20x |
| Short | Gate GLW_USDT | 162.21 | 0 | get 0.0000% / 8h | 4h 42m | $2.2M | $4.3M | 50x |
BloFin GLW-USDT
Gate GLW_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$74.22
- Price spread: −0.062% → −0.062%
- $0.09
- Slippage, 4 orders
- −$32.84
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$133.97
- Costs to cover
- 0.598%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 55 min ago; Gate: live order book, 1 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, 55 min ago | 1.54 bp | 9.0 bp −$9 | 22.1 bp −$221 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 4.93 bp | 24.6 bp −$25 | 345.4 bp −$3,454 | 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 | −0.0405% | 1h | 162.13 | −0.114% | $322K | $37K | 10x | as long as short |
| Aster GLWUSDT | 0.0000% | 8h | 162.50 | +0.118% | $41K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 162.26 | −0.031% | $931K | $200K | 25x | as long as short |
| Gate GLW_USDTshort | 0.0000% | 8h | 162.21 | −0.062% | $2.2M | $4.3M | 50x | |
| SunX GLW-USDT | 0.0000% | 8h | 162.21 | −0.062% | $855 | $1.8M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 162.35 | +0.025% | $17K | $16K | 20x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 162.26 | −0.031% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 162.02 | −0.179% | $303K | $108K | 10x | as long as short |
| QFEX GLW-USD | +0.0078% | 1h | 162.27 | −0.025% | $1.1M | $2.0M | 10x | as long as short |
| KuCoin GLWUSDTM | +0.0100% | 8h | 162.21 | −0.062% | $326K | $939K | 20x | as long as short |
Paragon para:GLW
Aster GLWUSDT
Bybit GLWUSDT
SunX GLW-USDT
HTX GLW-USDT
Vest GLW-USD-PERP
Ondo Perps GLW-USD.P
QFEX GLW-USD
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 | 162.26 | −0.031% | $2K | $2K | 10x | as long as short |
| GRVT GLW_USDT_Perp | +0.0137% | 8h | 162.24 | −0.043% | $568 | $180K | 10x | as long as short |
| Bitget GLWUSDT | +0.0228% | 8h | 162.29 | −0.012% | $2.2M | $851K | 20x | as long as short |
| OKX GLW-USDT-SWAP | +0.0248% | 8h | 162.43 | +0.074% | $2.3M | $4.4M | 20x | as long as short |
| BloFin GLW-USDTlong | +0.0353% | 8h | 162.31 | long leg | $156K | $36K | 20x | |
| Binance GLWUSDT | +0.0365% | 8h | 162.34 | +0.018% | $10.7M | $21.9M | 20x | as long as short |
| Extended GLW-USD | +0.0368% | 1h | 162.30 | −0.008% | $2K | $1K | 10x | as long as short |
Orderly PERP_GLW_USDC_mythos
GRVT GLW_USDT_Perp
Bitget GLWUSDT
OKX GLW-USDT-SWAP
Binance GLWUSDT
Extended GLW-USD