Funding you earn now, next payment 08:00 UTC+0.0194%/8h= +21.2% APRnext payment +$1.94 per $10,000 · paid last 24h +0.073%
Price spread now: OKX against Bybit+0.050%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$780.780% of the position
Funding, last 7 days+0.152%+$15 on $10k
+Price spread, last 4 days (all we have)+0.028%+$3 · spread now +0.050%, 7d avg +0.051%
=The price spread sits at its 7-day average of +0.051%, so right now this pair is about funding alone: +$6 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 | 161.30 | 0 | get 0.0000% / 8h | 3h 48m | $925K | $200K | 25x |
| Short | OKX GLW-USDT-SWAP | 161.38 | 0.0194 | get 0.0194% / 8h | 3h 48m | $2.3M | $4.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $40.74
- Price spread: +0.050% → +0.051%
- −$0.11
- Slippage, 4 orders
- −$57.02
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$37.39
- Costs to cover
- 0.780%
- Break-even
- 13.4 days
Slippage from Bybit: live order book, 2 min ago; OKX: live order book, 4 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, 2 min ago | 2.17 bp | 18.8 bp −$19 | 187.3 bp −$1,873 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 1.55 bp | 9.9 bp −$10 | 25.0 bp −$250 | 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 | −0.0015% | 1h | 161.27 | −0.021% | $320K | $37K | 10x | as long as short |
| Aster GLWUSDT | 0.0000% | 8h | 161.47 | +0.106% | $41K | $1K | 20x | as long as short |
| Bybit GLWUSDTlong | 0.0000% | 8h | 161.30 | long leg | $925K | $200K | 25x | |
| Gate GLW_USDT | 0.0000% | 8h | 161.18 | −0.074% | $2.2M | $4.2M | 50x | as long as short |
| Bitget GLWUSDT | 0.0000% | 8h | 161.45 | +0.093% | $2.2M | $850K | 20x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 161.44 | +0.087% | $943 | $1.8M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 161.64 | +0.211% | $17K | $16K | 20x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 161.43 | +0.081% | — | — | 10x | as long as short |
| QFEX GLW-USD | +0.0050% | 1h | 161.37 | +0.043% | $1.1M | $1.9M | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 161.18 | −0.074% | $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 | +0.316% | $691 | $191K | 10x | as long as short |
| KuCoin GLWUSDTM | +0.0100% | 8h | 161.34 | +0.025% | $325K | $930K | 20x | as long as short |
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 161.32 | +0.012% | $2K | $2K | 10x | as long as short |
| OKX GLW-USDT-SWAPshort | +0.0194% | 8h | 161.38 | +0.050% | $2.3M | $4.4M | 20x | |
| BloFin GLW-USDT | +0.0228% | 8h | 161.43 | +0.081% | $154K | $36K | 20x | as long as short |
| Extended GLW-USD | +0.0248% | 1h | 161.35 | +0.029% | $2K | $1K | 10x | as long as short |
| Binance GLWUSDT | +0.0249% | 8h | 161.40 | +0.060% | $10.6M | $21.9M | 20x | as long as short |
Bybit GLWUSDT
OKX GLW-USDT-SWAP
Paragon para:GLW
Aster GLWUSDT
Gate GLW_USDT
Bitget GLWUSDT
SunX GLW-USDT
HTX GLW-USDT
GRVT GLW_USDT_Perp
KuCoin GLWUSDTM
BloFin GLW-USDT
Extended GLW-USD
Binance GLWUSDT