GLW

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0259%/8h= +28.3% APRnext payment +$2.59 per $10,000 · paid last 24h +0.122%

Price spread now: Binance against Bybit+0.026%7-day average +0.063% · you sell dearer than you buy

Net, funding: paid 7d − costs−$26as in the Funding arb table

Net, price: spread back to 7d avg − costs−$62as in the Price arb table

costs, in and out, $10k−$590.586% of the position

Long on Bybit Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.327%+$33 on $10k

Price spread, last 4 days (all we have)+0.455%+$46 · spread now +0.026%, 7d avg +0.063%

Together, before fees+0.782%+$78 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.036% cheaper against Bybit than usual: you would sell low and buy high (spread +0.026% now, against its 7-day average of +0.063%). If the spread goes back, that is −$4 on $10k: about 11 hours of funding at the current rate (+$8 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit GLWUSDT	161.59	0	get 0.0000% / 8h	3h 51m	$927K	$199K	25x
Short	Binance GLWUSDT	161.63	0.0259	get 0.0259% / 8h	3h 51m	$10.6M	$21.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee BinancebpOrdersPrice spread, now +0.026%Rate

Funding earned: $54.34
Price spread: +0.026% → +0.063%: −$3.65
Slippage, 4 orders: −$37.59
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Binance: 5 bp × 2 orders: −$10
Net: −$7.89
Costs to cover: 0.586%
Break-even: 8.0 days

Slippage from Bybit: live order book, 64 min ago; Binance: live order book, 5 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 Bybit live order book, 64 min ago	4.31 bp	14.5 bp −$14	183.2 bp −$1,832	doesn't fit	doesn't fit
Sell Binance live order book, 5 min ago	1.54 bp	10.5 bp −$10	36.1 bp −$361	115.5 bp −$11.6K	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	−0.0076%	1h	161.51	−0.050%	$321K	$37K	10x	as long as short
Aster GLWUSDT	0.0000%	8h	161.79	+0.123%	$41K	$1K	20x	as long as short
Bybit GLWUSDTlong	0.0000%	8h	161.59	long leg	$927K	$199K	25x
Gate GLW_USDT	0.0000%	8h	161.50	−0.056%	$2.2M	$4.2M	50x	as long as short
SunX GLW-USDT	0.0000%	8h	161.63	+0.025%	$1K	$1.8M	10x	as long as short
HTX GLW-USDT	0.0000%	8h	161.64	+0.031%	$17K	$16K	20x	as long as short
Bitget GLWUSDT	+0.0037%	8h	161.60	+0.006%	$2.2M	$850K	20x	as long as short
Vest GLW-USD-PERP	+0.0046%	1h	161.71	+0.074%	—	—	10x	as long as short
QFEX GLW-USD	+0.0050%	1h	161.60	+0.006%	$1.1M	$2.0M	10x	as long as short
Ondo Perps GLW-USD.P	+0.0050%	1h	161.75	+0.099%	$301K	$108K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT GLW_USDT_Perp	+0.0068%	8h	161.81	+0.136%	$691	$191K	10x	as long as short
KuCoin GLWUSDTM	+0.0100%	8h	161.59	0.000%	$326K	$932K	20x	as long as short
Orderly PERP_GLW_USDC_mythos	+0.0100%	8h	161.57	−0.012%	$2K	$2K	10x	as long as short
OKX GLW-USDT-SWAP	+0.0198%	8h	161.63	+0.025%	$2.3M	$4.4M	20x	as long as short
Extended GLW-USD	+0.0256%	1h	161.59	+0.001%	$2K	$1K	10x	as long as short
Binance GLWUSDTshort	+0.0259%	8h	161.63	+0.026%	$10.6M	$21.8M	20x
BloFin GLW-USDT	+0.0284%	8h	161.96	+0.229%	$154K	$36K	20x	as long as short