Funding you earn now, next payment 08:00 UTC+0.0195%/8h= +21.4% APRnext payment +$1.95 per $10,000 · paid last 24h +0.065%
Price spread now: BloFin against Gate+0.012%63s7-day average +0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$670.669% of the position
Funding, last 7 days+0.204%+$20 on $10k
+Price spread, last 4 days (all we have)−0.026%−$3 · spread now +0.012%, 7d avg +0.064%
=Funding pays, the price is against you. BloFin is 0.051% cheaper against Gate than usual: you would sell low and buy high (spread +0.012% now, against its 7-day average of +0.064%). If the spread goes back, that is −$5 on $10k: about 21 hours of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.204% in total) that is about 42 hours. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate GLW_USDT | 160.42 | 0 | get 0.0000% / 8h | 3h 29m | $2.2M | $4.2M | 50x |
| Short | BloFin GLW-USDT | 160.44 | 0.0195 | get 0.0195% / 8h | 3h 29m | $152K | $36K | 20x |
Gate GLW_USDT
BloFin GLW-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $41.01
- Price spread: +0.012% → +0.064%
- −$5.12
- Slippage, 4 orders
- −$39.89
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$30.99
- Costs to cover
- 0.669%
- Break-even
- 12.3 days
Slippage from Gate: live order book, 3 min ago; BloFin: live order book, 60 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, 3 min ago | 7.82 bp | 16.1 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 60 min ago | 0.31 bp | 10.8 bp −$11 | 28.2 bp −$282 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster GLWUSDT | 0.0000% | 8h | 160.53 | +0.069% | $41K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 160.34 | −0.050% | $920K | $201K | 25x | as long as short |
| Gate GLW_USDTlong | 0.0000% | 8h | 160.42 | long leg | $2.2M | $4.2M | 50x | |
| Bitget GLWUSDT | 0.0000% | 8h | 160.57 | +0.094% | $2.1M | $863K | 20x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 160.43 | +0.006% | $910 | $1.8M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 159.90 | −0.324% | $16K | $16K | 20x | as long as short |
| GRVT GLW_USDT_Perp | +0.0006% | 8h | 159.93 | −0.303% | $552 | $194K | 10x | as long as short |
| Paragon para:GLW | +0.0023% | 1h | 159.98 | −0.275% | $311K | $41K | 10x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 160.34 | −0.050% | — | — | 10x | as long as short |
| QFEX GLW-USD | +0.0050% | 1h | 160.43 | +0.006% | $1.1M | $1.9M | 10x | as long as short |
Aster GLWUSDT
Bybit GLWUSDT
Bitget GLWUSDT
SunX GLW-USDT
HTX GLW-USDT
GRVT GLW_USDT_Perp
Paragon para:GLW
Vest GLW-USD-PERP
QFEX GLW-USDShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 159.87 | −0.343% | $290K | $117K | 10x | as long as short |
| KuCoin GLWUSDTM | +0.0100% | 8h | 160.39 | −0.019% | $323K | $927K | 20x | as long as short |
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 160.48 | +0.037% | $2K | $2K | 10x | as long as short |
| OKX GLW-USDT-SWAP | +0.0159% | 8h | 160.43 | +0.006% | $2.2M | $4.4M | 20x | as long as short |
| BloFin GLW-USDTshort | +0.0195% | 8h | 160.44 | +0.012% | $152K | $36K | 20x | |
| Binance GLWUSDT | +0.0199% | 8h | 160.38 | −0.025% | $10.5M | $22.2M | 20x | as long as short |
| Extended GLW-USD | +0.0200% | 1h | 160.50 | +0.052% | $2K | $1K | 10x | as long as short |
Ondo Perps GLW-USD.P
KuCoin GLWUSDTM
Orderly PERP_GLW_USDC_mythos
OKX GLW-USDT-SWAP
Binance GLWUSDT
Extended GLW-USD