Funding you earn now, next payment 09:00 UTC+0.0060%/8h= +6.6% APRpaid last 24h −0.023%
Price spread now: Paragon against Bybit−0.035%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$174as in the Funding arb table
Net, price: spread back to 7d avg − costs−$191as in the Price arb table
costs, in and out, $10k−$1891.890% of the position
Funding, last 7 days+0.146%+$15 on $10k
+Price spread, last 4 days (all we have)−0.028%−$3 · spread now −0.035%, 7d avg −0.018%
=The price spread sits at its 7-day average of −0.018%, so right now this pair is about funding alone: +$2 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 | 155.69 | 0 | get 0.0000% / 8h | 7h 27m | $888K | $247K | 25x |
| Short | Paragon para:GLW | 155.63 | 0.0060 | get 0.0008% / 1h | 27m 47s | $303K | $41K | 10x |
Bybit GLWUSDT
Paragon para:GLWFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paragon 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
- $12.6
- Price spread: −0.035% → −0.018%
- −$1.7
- Slippage, 4 orders
- −$168.05
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Paragon: 5 bp × 2 orders
- −$10
- Net
- −$178.15
- Costs to cover
- 1.890%
- Break-even
- 106.0 days
Slippage from Bybit: live order book, 2 min ago; Paragon: live order book, 18 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 | 6.42 bp | 40.9 bp −$41 | 190.1 bp −$1,901 | doesn't fit | doesn't fit |
| Sell Paragon live order book, 18 min ago | 15.27 bp | 68.7 bp −$69 | 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 | −0.0842% | 8h | 155.80 | +0.071% | $2.1M | $1.1M | 20x | as long as short |
| Gate GLW_USDT | −0.0592% | 8h | 155.56 | −0.083% | $2.2M | $4.5M | 50x | as long as short |
| GRVT GLW_USDT_Perp | −0.0427% | 8h | 155.53 | −0.104% | $505 | $217K | 10x | as long as short |
| Aster GLWUSDT | 0.0000% | 8h | 155.82 | +0.083% | $64K | $53K | 20x | as long as short |
| Extended GLW-USD | 0.0000% | 1h | 155.71 | +0.011% | $2K | $1K | 10x | as long as short |
| Binance GLWUSDT | 0.0000% | 8h | 155.82 | +0.083% | $10.2M | $26.1M | 20x | as long as short |
| Bybit GLWUSDTlong | 0.0000% | 8h | 155.69 | long leg | $888K | $247K | 25x | |
| SunX GLW-USDT | 0.0000% | 8h | 155.59 | −0.064% | $884 | $1.7M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 155.67 | −0.013% | $16K | $22K | 20x | as long as short |
| BloFin GLW-USDT | +0.0018% | 8h | 155.24 | −0.289% | $147K | $40K | 20x | as long as short |
Bitget GLWUSDT
Gate GLW_USDT
GRVT GLW_USDT_Perp
Aster GLWUSDT
Extended GLW-USD
Binance GLWUSDT
SunX GLW-USDT
HTX GLW-USDT
BloFin GLW-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX GLW-USDT-SWAP | +0.0032% | 8h | 155.83 | +0.090% | $2.1M | $4.9M | 20x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 155.62 | −0.045% | — | — | 10x | as long as short |
| QFEX GLW-USD | +0.0047% | 1h | 155.68 | −0.006% | $1.1M | $1.7M | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 155.49 | −0.128% | $274K | $113K | 10x | as long as short |
| Paragon para:GLWshort | +0.0060% | 1h | 155.63 | −0.035% | $303K | $41K | 10x | |
| KuCoin GLWUSDTM | +0.0100% | 8h | 155.64 | −0.032% | $315K | $846K | 20x | as long as short |
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 155.73 | +0.026% | $2K | $3K | 10x | as long as short |
OKX GLW-USDT-SWAP
Vest GLW-USD-PERP
QFEX GLW-USD
Ondo Perps GLW-USD.P
KuCoin GLWUSDTM
Orderly PERP_GLW_USDC_mythos