Funding you earn now, next payment 00:00 UTC+0.0187%/8h= +20.5% APRnext payment +$1.87 per $10,000 · paid last 24h −0.060%
Price spread now: Bitget against Gate+0.062%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$690.686% of the position
Funding, last 7 days+0.062%+$6 on $10k
+Price spread, last 7 days−0.034%−$3 · spread now +0.062%, 7d avg +0.039%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Bitget is 0.023% dearer against Gate than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.039%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.062% in total (about 3.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.87 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate GLW_USDT | 161.32 | 0 | get 0.0000% / 8h | 2m 38s | $2.2M | $4.3M | 50x |
| Short | Bitget GLWUSDT | 161.42 | 0.0187 | get 0.0187% / 8h | 2m 38s | $2.2M | $939K | 20x |
Gate GLW_USDT
Bitget GLWUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $39.27
- Price spread: +0.062% → +0.039%
- $2.27
- Slippage, 4 orders
- −$41.6
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$27.06
- Costs to cover
- 0.686%
- Break-even
- 11.8 days
Slippage from Gate: live order book, 6 min ago; Bitget: 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 Gate live order book, 6 min ago | 6.51 bp | 19.4 bp −$19 | 169.8 bp −$1,698 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 4.96 bp | 12.5 bp −$12 | 36.6 bp −$366 | 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 | −0.0048% | 1h | 161.26 | −0.038% | $321K | $29K | 10x | as long as short |
| Aster GLWUSDT | 0.0000% | 8h | 161.51 | +0.115% | $41K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 161.43 | +0.068% | $931K | $200K | 25x | as long as short |
| Gate GLW_USDTlong | 0.0000% | 8h | 161.32 | long leg | $2.2M | $4.3M | 50x | |
| SunX GLW-USDT | 0.0000% | 8h | 161.35 | +0.019% | $963 | $2.0M | 10x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 161.33 | +0.006% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 161.18 | −0.087% | $301K | $107K | 10x | as long as short |
| QFEX GLW-USD | +0.0065% | 1h | 161.44 | +0.074% | $1.1M | $2.3M | 10x | as long as short |
| HTX GLW-USDT | +0.0091% | 8h | 161.59 | +0.167% | $17K | $16K | 20x | as long as short |
| KuCoin GLWUSDTM | +0.0100% | 8h | 161.40 | +0.050% | $325K | $1.0M | 20x | as long as short |
Paragon para:GLW
Aster GLWUSDT
Bybit GLWUSDT
SunX GLW-USDT
Vest GLW-USD-PERP
Ondo Perps GLW-USD.P
QFEX GLW-USD
HTX GLW-USDT
KuCoin GLWUSDTMShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 161.41 | +0.056% | $2K | $2K | 10x | as long as short |
| Bitget GLWUSDTshort | +0.0187% | 8h | 161.42 | +0.062% | $2.2M | $939K | 20x | |
| OKX GLW-USDT-SWAP | +0.0267% | 8h | 161.50 | +0.112% | $2.3M | $4.5M | 20x | as long as short |
| Extended GLW-USD | +0.0584% | 1h | 161.45 | +0.081% | $2K | $2K | 10x | as long as short |
| Binance GLWUSDT | +0.0587% | 8h | 161.45 | +0.081% | $11.0M | $21.2M | 20x | as long as short |
| BloFin GLW-USDT | +0.0611% | 8h | 161.44 | +0.074% | $150K | $36K | 20x | as long as short |
| GRVT GLW_USDT_Perp | +0.0628% | 8h | 161.44 | +0.074% | $538 | $175K | 10x | as long as short |
Orderly PERP_GLW_USDC_mythos
OKX GLW-USDT-SWAP
Extended GLW-USD
Binance GLWUSDT
BloFin GLW-USDT
GRVT GLW_USDT_Perp