Funding you earn now, next payment 08:00 UTC+0.0037%/8h= +4.1% APRnext payment +$0.37 per $10,000 · paid last 24h −0.042%
Price spread now: OKX against BloFin−0.152%53s7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as 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−$510.514% of the position
Funding, last 7 days−0.177%−$18 on $10k
+Price spread, last 4 days (all we have)+0.165%+$17 · spread now −0.152%, 7d avg −0.007%
=Funding pays, the price is against you. OKX is 0.145% cheaper against BloFin than usual: you would sell low and buy high (spread −0.152% now, against its 7-day average of −0.007%). If the spread goes back, that is −$14 on $10k: about 13 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.177%, so the current rate has only just turned in your favour. The two prices were read 53 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 | 157.87 | 0.0087 | pay 0.0087% / 8h | 1h 54m | $147K | $38K | 20x |
| Short | OKX GLW-USDT-SWAP | 157.63 | 0.0124 | get 0.0124% / 8h | 1h 54m | $2.2M | $4.7M | 20x |
BloFin GLW-USDT
OKX GLW-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $7.78
- Price spread: −0.152% → −0.007%
- −$14.45
- Slippage, 4 orders
- −$29.35
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$58.03
- Costs to cover
- 0.514%
- Break-even
- 59.2 days
Slippage from BloFin: live order book, 20 min ago; OKX: live order book, 3 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, 20 min ago | 1.90 bp | 12.7 bp −$13 | 21.1 bp −$211 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 0.32 bp | 16.3 bp −$16 | 45.8 bp −$458 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget GLWUSDT | −0.0918% | 8h | 157.64 | −0.146% | $2.1M | $896K | 20x | as long as short |
| Gate GLW_USDT | −0.0253% | 8h | 157.46 | −0.260% | $2.2M | $4.3M | 50x | as long as short |
| Paragon para:GLW | −0.0173% | 1h | 157.56 | −0.193% | $307K | $41K | 10x | as long as short |
| Aster GLWUSDT | 0.0000% | 8h | 157.81 | −0.035% | $40K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 157.53 | −0.215% | $910K | $225K | 25x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 157.89 | +0.013% | $1K | $1.7M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 158.18 | +0.196% | $16K | $16K | 20x | as long as short |
| GRVT GLW_USDT_Perp | +0.0044% | 8h | 158.07 | +0.127% | $790 | $209K | 10x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 157.55 | −0.203% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 158.03 | +0.101% | $289K | $119K | 10x | as long as short |
Bitget GLWUSDT
Gate GLW_USDT
Paragon para:GLW
Aster GLWUSDT
Bybit GLWUSDT
SunX GLW-USDT
HTX GLW-USDT
GRVT GLW_USDT_Perp
Vest GLW-USD-PERP
Ondo Perps GLW-USD.PShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX GLW-USD | +0.0060% | 1h | 157.58 | −0.184% | $1.1M | $1.7M | 10x | as long as short |
| Binance GLWUSDT | +0.0068% | 8h | 157.62 | −0.158% | $10.6M | $23.8M | 20x | as long as short |
| Extended GLW-USD | +0.0072% | 1h | 157.54 | −0.210% | $2K | $1K | 10x | as long as short |
| BloFin GLW-USDTlong | +0.0087% | 8h | 157.87 | long leg | $147K | $38K | 20x | |
| KuCoin GLWUSDTM | +0.0100% | 8h | 157.51 | −0.228% | $316K | $892K | 20x | as long as short |
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 157.57 | −0.190% | $2K | $2K | 10x | as long as short |
| OKX GLW-USDT-SWAPshort | +0.0124% | 8h | 157.63 | −0.152% | $2.2M | $4.7M | 20x |
QFEX GLW-USD
Binance GLWUSDT
Extended GLW-USD
KuCoin GLWUSDTM
Orderly PERP_GLW_USDC_mythos