Funding you earn now, next payment 23:00 UTC−0.0251%/8h= −27.5% APRpaid last 24h −0.043%
Price spread now: Ondo Perps against BloFin−0.169%7-day average −0.104% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.036%−$4 on $10k
+Price spread, last 3 days (all we have)+0.062%+$6 · spread now −0.169%, 7d avg −0.104%
=Together, before fees+0.026%+ Points / potential airdropOndo Perps: Active · farm board+$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Ondo Perps is 0.065% cheaper against BloFin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.104%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.036% in total (about -1.9% a year). A funding rate is set anew for every payment. 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 | 160.14 | 0.0301 | pay 0.0301% / 8h | 1h 04m | $151K | $33K | 20x |
| Short | Ondo Perps GLW-USD.P | 159.87 | 0.0050 | get 0.0006% / 1h | 4m 21s | $301K | $86K | 10x |
BloFin GLW-USDT
Ondo Perps GLW-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps 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
- −$52.66
- Price spread: −0.169% → −0.104%
- −$6.48
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$76.14
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 69 min ago; Ondo Perps: no order-book sample. 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 BloFin live order book, 69 min ago | 0.63 bp | 7.6 bp −$8 | 34.5 bp −$345 | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0023% | 1h | 159.86 | −0.173% | $318K | $27K | 10x | as long as short |
| Aster GLWUSDT | 0.0000% | 8h | 160.11 | −0.021% | $41K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 160.09 | −0.031% | $917K | $214K | 25x | as long as short |
| Gate GLW_USDT | 0.0000% | 8h | 159.99 | −0.094% | $2.2M | $4.2M | 50x | as long as short |
| Bitget GLWUSDT | 0.0000% | 8h | 160.11 | −0.019% | $2.2M | $860K | 20x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 159.99 | −0.094% | $1K | $2.0M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 160.12 | −0.012% | $16K | $16K | 20x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 160.00 | −0.087% | — | — | 10x | as long as short |
| QFEX GLW-USD | +0.0050% | 1h | 160.06 | −0.050% | $1.1M | $2.1M | 10x | as long as short |
| Ondo Perps GLW-USD.Pshort | +0.0050% | 1h | 159.87 | −0.169% | $301K | $86K | 10x |
Paragon para:GLW
Aster GLWUSDT
Bybit GLWUSDT
Gate GLW_USDT
Bitget GLWUSDT
SunX GLW-USDT
HTX GLW-USDT
Vest GLW-USD-PERP
QFEX GLW-USDShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GLWUSDTM | +0.0100% | 8h | 159.94 | −0.125% | $320K | $984K | 20x | as long as short |
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 160.09 | −0.031% | $2K | $2K | 10x | as long as short |
| OKX GLW-USDT-SWAP | +0.0166% | 8h | 160.17 | +0.019% | $2.3M | $4.4M | 20x | as long as short |
| BloFin GLW-USDTlong | +0.0301% | 8h | 160.14 | long leg | $151K | $33K | 20x | |
| Extended GLW-USD | +0.0320% | 1h | 160.15 | +0.006% | $2K | $2K | 10x | as long as short |
| Binance GLWUSDT | +0.0325% | 8h | 160.19 | +0.029% | $10.9M | $21.0M | 20x | as long as short |
| GRVT GLW_USDT_Perp | +0.0417% | 8h | 159.93 | −0.131% | $467 | $181K | 10x | as long as short |
KuCoin GLWUSDTM
Orderly PERP_GLW_USDC_mythos
OKX GLW-USDT-SWAP
Extended GLW-USD
Binance GLWUSDT
GRVT GLW_USDT_Perp