Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Bybit−0.051%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$767as in the Funding arb table
Net, price: spread back to 7d avg − costs−$797as in the Price arb table
costs, in and out, $10k−$7967.961% of the position
Funding, last 7 days+0.287%+$29 on $10k
+Price spread, last 4 days (all we have)+0.088%+$9 · spread now −0.051%, 7d avg −0.039%
=The price spread sits at its 7-day average of −0.039%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit GLWUSDT | 157.63 | 0 | get 0.0000% / 8h | 1h 10m | $901K | $234K | 25x |
| Short | KuCoin GLWUSDTM | 157.55 | 0.0100 | get 0.0100% / 8h | 1h 10m | $316K | $876K | 20x |
Bybit GLWUSDT
KuCoin GLWUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bybit. 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
- $21
- Price spread: −0.051% → −0.039%
- −$1.19
- Slippage, 4 orders
- −$773.12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$776.31
- Costs to cover
- 7.961%
- Break-even
- 265.8 days
Slippage from Bybit: live order book, 29 min ago; KuCoin: live order book, 23 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, 29 min ago | 4.80 bp | 16.8 bp −$17 | 191.3 bp −$1,913 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 23 min ago | 1.60 bp | 439.9 bp −$440 | doesn't fit | 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 | −0.1262% | 8h | 157.72 | +0.057% | $2.1M | $915K | 20x | as long as short |
| Gate GLW_USDT | −0.0407% | 8h | 157.49 | −0.089% | $2.2M | $4.4M | 50x | as long as short |
| Aster GLWUSDT | 0.0000% | 8h | 157.78 | +0.096% | $40K | $1K | 20x | as long as short |
| Bybit GLWUSDTlong | 0.0000% | 8h | 157.63 | long leg | $901K | $234K | 25x | |
| SunX GLW-USDT | 0.0000% | 8h | 157.59 | −0.025% | $898 | $1.7M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 157.53 | −0.063% | $16K | $15K | 20x | as long as short |
| Extended GLW-USD | +0.0008% | 1h | 157.58 | −0.035% | $2K | $1K | 10x | as long as short |
| Binance GLWUSDT | +0.0009% | 8h | 157.71 | +0.050% | $10.4M | $24.5M | 20x | as long as short |
| BloFin GLW-USDT | +0.0023% | 8h | 157.75 | +0.076% | $148K | $39K | 20x | as long as short |
| GRVT GLW_USDT_Perp | +0.0027% | 8h | 157.44 | −0.119% | $102 | $214K | 10x | as long as short |
Bitget GLWUSDT
Gate GLW_USDT
Aster GLWUSDT
SunX GLW-USDT
HTX GLW-USDT
Extended GLW-USD
Binance GLWUSDT
BloFin GLW-USDT
GRVT GLW_USDT_PerpShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:GLW | +0.0042% | 1h | 157.36 | −0.174% | $306K | $41K | 10x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 157.46 | −0.108% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 157.26 | −0.235% | $280K | $124K | 10x | as long as short |
| QFEX GLW-USD | +0.0060% | 1h | 157.67 | +0.025% | $1.1M | $1.7M | 10x | as long as short |
| KuCoin GLWUSDTMshort | +0.0100% | 8h | 157.55 | −0.051% | $316K | $876K | 20x | |
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 157.65 | +0.013% | $2K | $2K | 10x | as long as short |
| OKX GLW-USDT-SWAP | +0.0105% | 8h | 157.77 | +0.089% | $2.2M | $4.7M | 20x | as long as short |
Paragon para:GLW
Vest GLW-USD-PERP
Ondo Perps GLW-USD.P
QFEX GLW-USD
Orderly PERP_GLW_USDC_mythos
OKX GLW-USDT-SWAP