Funding you earn now, next payment 08:00 UTC+0.0122%/8h= +13.4% APRnext payment +$1.22 per $10,000 · paid last 24h +0.072%
Price spread now: Binance against Gate−0.024%7-day average +0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$640.637% of the position
Funding, last 7 days+0.202%+$20 on $10k
+Price spread, last 7 days+0.080%+$8 · spread now −0.024%, 7d avg +0.067%
=Funding pays, the price is against you. Binance is 0.091% cheaper against Gate than usual: you would sell low and buy high (spread −0.024% now, against its 7-day average of +0.067%). If the spread goes back, that is −$9 on $10k: about 2.5 days of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate GLW_USDT | 159.37 | 0 | get 0.0000% / 8h | 2h 56m | $2.2M | $4.3M | 50x |
| Short | Binance GLWUSDT | 159.33 | 0.0122 | get 0.0122% / 8h | 2h 56m | $10.3M | $22.6M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $25.62
- Price spread: −0.024% → +0.067%
- −$9.14
- Slippage, 4 orders
- −$38.71
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$47.22
- Costs to cover
- 0.637%
- Break-even
- 19.9 days
Slippage from Gate: live order book, 2 min ago; Binance: live order book, 15 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 Gate live order book, 2 min ago | 7.24 bp | 17.2 bp −$17 | 252.1 bp −$2,521 | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 1.89 bp | 13.5 bp −$13 | 31.1 bp −$311 | 104.6 bp −$10.5K | 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 | −0.0316% | 8h | 159.33 | −0.025% | $2.1M | $822K | 20x | as long as short |
| Aster GLWUSDT | 0.0000% | 8h | 159.28 | −0.057% | $40K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 159.20 | −0.107% | $913K | $213K | 25x | as long as short |
| Gate GLW_USDTlong | 0.0000% | 8h | 159.37 | long leg | $2.2M | $4.3M | 50x | |
| GRVT GLW_USDT_Perp | 0.0000% | 8h | 158.66 | −0.446% | $597 | $199K | 10x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 159.19 | −0.113% | $888 | $1.8M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 159.36 | −0.006% | $16K | $16K | 20x | as long as short |
| QFEX GLW-USD | +0.0032% | 1h | 159.11 | −0.163% | $1.1M | $1.8M | 10x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 159.06 | −0.195% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 159.15 | −0.138% | $289K | $119K | 10x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:GLW | +0.0053% | 1h | 159.00 | −0.232% | $310K | $41K | 10x | as long as short |
| OKX GLW-USDT-SWAP | +0.0094% | 8h | 159.25 | −0.075% | $2.2M | $4.5M | 20x | as long as short |
| KuCoin GLWUSDTM | +0.0100% | 8h | 159.14 | −0.144% | $320K | $915K | 20x | as long as short |
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 159.23 | −0.088% | $2K | $2K | 10x | as long as short |
| Extended GLW-USD | +0.0120% | 1h | 159.28 | −0.059% | $2K | $1K | 10x | as long as short |
| Binance GLWUSDTshort | +0.0122% | 8h | 159.33 | −0.024% | $10.3M | $22.6M | 20x | |
| BloFin GLW-USDT | +0.0122% | 8h | 159.22 | −0.094% | $149K | $37K | 20x | as long as short |
Gate GLW_USDT
Binance GLWUSDT
Bitget GLWUSDT
Aster GLWUSDT
Bybit GLWUSDT
GRVT GLW_USDT_Perp
SunX GLW-USDT
HTX GLW-USDT
Paragon para:GLW
OKX GLW-USDT-SWAP
KuCoin GLWUSDTM
Extended GLW-USD
BloFin GLW-USDT