Funding you earn now, next payment 09:00 UTC+0.0416%/8h= +45.5% APRpaid last 24h +0.080%
Price spread now: QFEX against Gate+0.096%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$570.574% of the position
Funding, last 4 days (all we have)+0.053%+$5 on $10k
+Price spread, last 7 days−0.047%−$5 · spread now +0.096%, 7d avg +0.019%
=Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and QFEX is 0.077% dearer against Gate than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.019%.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.053% in total (about 5.2% a year). A funding rate is set anew for every payment. 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 | 157.01 | −0.0369 | get 0.0369% / 8h | 7h 47m | $2.2M | $4.4M | 50x |
| Short | QFEX GLW-USD | 157.16 | 0.0047 | get 0.0006% / 1h | 47m 09s | $1.1M | $1.7M | 10x |
Gate GLW_USDT
QFEX GLW-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- $87.35
- Price spread: +0.096% → +0.019%
- $7.68
- Slippage, 4 orders
- −$32.39
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- $37.64
- Costs to cover
- 0.574%
- Break-even
- 4.0 days
Slippage from Gate: live order book, 1 min ago; QFEX: 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, 1 min ago | 6.05 bp | 17.6 bp −$18 | 178.9 bp −$1,789 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 5 min ago | 1.27 bp | 10.6 bp −$11 | 21.8 bp −$218 | 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 | −0.0800% | 8h | 157.19 | +0.115% | $2.1M | $1.1M | 20x | as long as short |
| Gate GLW_USDTlong | −0.0369% | 8h | 157.01 | long leg | $2.2M | $4.4M | 50x | |
| GRVT GLW_USDT_Perp | −0.0241% | 8h | 157.10 | +0.056% | $377 | $218K | 10x | as long as short |
| Aster GLWUSDT | 0.0000% | 8h | 156.98 | −0.022% | $65K | $52K | 20x | as long as short |
| Extended GLW-USD | 0.0000% | 1h | 157.17 | +0.103% | $2K | $1K | 10x | as long as short |
| Binance GLWUSDT | 0.0000% | 8h | 157.16 | +0.098% | $10.4M | $25.5M | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 157.12 | +0.070% | $902K | $250K | 25x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 156.96 | −0.032% | $1K | $1.7M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 156.73 | −0.178% | $17K | $22K | 20x | as long as short |
| BloFin GLW-USDT | +0.0005% | 8h | 157.14 | +0.083% | $149K | $41K | 20x | as long as short |
Bitget GLWUSDT
GRVT GLW_USDT_Perp
Aster GLWUSDT
Extended GLW-USD
Binance GLWUSDT
Bybit 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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps GLW-USD.P | +0.0030% | 1h | 156.94 | −0.045% | $278K | $122K | 10x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 157.00 | −0.006% | — | — | 10x | as long as short |
| QFEX GLW-USDshort | +0.0047% | 1h | 157.16 | +0.096% | $1.1M | $1.7M | 10x | |
| Paragon para:GLW | +0.0060% | 1h | 156.76 | −0.159% | $305K | $42K | 10x | as long as short |
| OKX GLW-USDT-SWAP | +0.0089% | 8h | 157.22 | +0.134% | $2.2M | $4.9M | 20x | as long as short |
| KuCoin GLWUSDTM | +0.0100% | 8h | 156.84 | −0.108% | $322K | $847K | 20x | as long as short |
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 157.17 | +0.102% | $2K | $3K | 10x | as long as short |
Ondo Perps GLW-USD.P
Vest GLW-USD-PERP
Paragon para:GLW
OKX GLW-USDT-SWAP
KuCoin GLWUSDTM
Orderly PERP_GLW_USDC_mythos