Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.020%
Price spread now: KuCoin against Gate+0.080%7-day average −0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$804as in the Funding arb table
Net, price: spread back to 7d avg − costs−$808as in the Price arb table
costs, in and out, $10k−$8208.203% of the position
Funding, last 7 days+0.162%+$16 on $10k
+Price spread, last 4 days (all we have)−0.044%−$4 · spread now +0.080%, 7d avg −0.041%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.121% dearer against Gate than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.041%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate GLW_USDT | 162.19 | 0 | get 0.0000% / 8h | 4h 17m | $2.2M | $4.3M | 50x |
| Short | KuCoin GLWUSDTM | 162.32 | 0.0100 | get 0.0100% / 8h | 4h 17m | $327K | $932K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21
- Price spread: +0.080% → −0.041%
- $12.1
- Slippage, 4 orders
- −$793.35
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$787.25
- Costs to cover
- 8.203%
- Break-even
- 269.4 days
Slippage from Gate: live order book, 5 min ago; KuCoin: live order book, 31 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, 5 min ago | 6.77 bp | 15.4 bp −$15 | 235.6 bp −$2,356 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 31 min ago | 2.16 bp | 393.2 bp −$393 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:GLW | −0.0393% | 1h | 162.24 | +0.028% | $322K | $37K | 10x | as long as short |
| Aster GLWUSDT | 0.0000% | 8h | 162.49 | +0.185% | $41K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 162.29 | +0.062% | $932K | $200K | 25x | as long as short |
| Gate GLW_USDTlong | 0.0000% | 8h | 162.19 | long leg | $2.2M | $4.3M | 50x | |
| SunX GLW-USDT | 0.0000% | 8h | 162.30 | +0.068% | $1K | $1.8M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 162.32 | +0.080% | $17K | $16K | 20x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 162.33 | +0.086% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 162.42 | +0.142% | $304K | $108K | 10x | as long as short |
| QFEX GLW-USD | +0.0078% | 1h | 162.25 | +0.037% | $1.1M | $2.0M | 10x | as long as short |
| KuCoin GLWUSDTMshort | +0.0100% | 8h | 162.32 | +0.080% | $327K | $932K | 20x |
Show 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 | 162.29 | +0.062% | $2K | $2K | 10x | as long as short |
| GRVT GLW_USDT_Perp | +0.0137% | 8h | 162.44 | +0.156% | $841 | $184K | 10x | as long as short |
| Bitget GLWUSDT | +0.0172% | 8h | 162.31 | +0.074% | $2.2M | $850K | 20x | as long as short |
| OKX GLW-USDT-SWAP | +0.0236% | 8h | 162.46 | +0.166% | $2.3M | $4.4M | 20x | as long as short |
| BloFin GLW-USDT | +0.0305% | 8h | 162.38 | +0.117% | $155K | $36K | 20x | as long as short |
| Extended GLW-USD | +0.0328% | 1h | 162.27 | +0.049% | $2K | $1K | 10x | as long as short |
| Binance GLWUSDT | +0.0330% | 8h | 162.31 | +0.074% | $10.7M | $21.9M | 20x | as long as short |
Gate GLW_USDT
KuCoin GLWUSDTM
Paragon para:GLW
Aster GLWUSDT
Bybit GLWUSDT
SunX GLW-USDT
HTX GLW-USDT
GRVT GLW_USDT_Perp
Bitget GLWUSDT
OKX GLW-USDT-SWAP
BloFin GLW-USDT
Extended GLW-USD
Binance GLWUSDT