Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h +0.092%
Price spread now: Binance against KuCoin+0.210%7-day average +0.102% · you sell dearer than you buy
Net, funding: paid 7d − costs−$801as in the Funding arb table
Net, price: spread back to 7d avg − costs−$794as in the Price arb table
costs, in and out, $10k−$8058.046% of the position
Funding, last 7 days+0.040%+$4 on $10k
+Price spread, last 4 days (all we have)−0.164%−$16 · spread now +0.210%, 7d avg +0.102%
=The price spread pays, funding is against you. Binance is 0.108% dearer against KuCoin than usual: you sell high and buy low (spread +0.210% now, against its 7-day average of +0.102%): +$11 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin GLWUSDTM | 157.47 | 0.0100 | pay 0.0100% / 8h | 13m 54s | $315K | $853K | 20x |
| Short | Binance GLWUSDT | 157.80 | 0 | get 0.0000% / 8h | 13m 54s | $10.4M | $24.6M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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: +0.210% → +0.102%
- $10.79
- Slippage, 4 orders
- −$782.58
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$814.78
- Costs to cover
- 8.046%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 10 min ago; Binance: live order book, 12 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 KuCoin live order book, 10 min ago | 1.91 bp | 450.8 bp −$451 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 1.59 bp | 10.0 bp −$10 | 29.9 bp −$299 | 111.3 bp −$11.1K | 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 | −0.0912% | 8h | 157.77 | +0.191% | $2.2M | $945K | 20x | as long as short |
| Gate GLW_USDT | −0.0580% | 8h | 157.64 | +0.108% | $2.2M | $4.4M | 50x | as long as short |
| BloFin GLW-USDT | −0.0027% | 8h | 157.69 | +0.140% | $150K | $40K | 20x | as long as short |
| Aster GLWUSDT | 0.0000% | 8h | 157.85 | +0.243% | $40K | $1K | 20x | as long as short |
| Extended GLW-USD | 0.0000% | 1h | 157.76 | +0.186% | $2K | $1K | 10x | as long as short |
| Binance GLWUSDTshort | 0.0000% | 8h | 157.80 | +0.210% | $10.4M | $24.6M | 20x | |
| Bybit GLWUSDT | 0.0000% | 8h | 157.71 | +0.152% | $899K | $239K | 25x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 157.42 | −0.032% | $1K | $1.7M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 157.61 | +0.089% | $16K | $15K | 20x | as long as short |
| GRVT GLW_USDT_Perp | +0.0039% | 8h | 157.55 | +0.050% | $781 | $215K | 10x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX GLW-USD | +0.0042% | 1h | 157.73 | +0.165% | $1.1M | $1.7M | 10x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 157.59 | +0.076% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 157.76 | +0.184% | $279K | $125K | 10x | as long as short |
| Paragon para:GLW | +0.0060% | 1h | 157.63 | +0.102% | $307K | $41K | 10x | as long as short |
| KuCoin GLWUSDTMlong | +0.0100% | 8h | 157.47 | long leg | $315K | $853K | 20x | |
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 157.71 | +0.152% | $2K | $2K | 10x | as long as short |
| OKX GLW-USDT-SWAP | +0.0112% | 8h | 157.80 | +0.210% | $2.2M | $4.7M | 20x | as long as short |
KuCoin GLWUSDTM
Binance GLWUSDT
Bitget GLWUSDT
Gate GLW_USDT
BloFin GLW-USDT
Aster GLWUSDT
Extended GLW-USD
Bybit GLWUSDT
SunX GLW-USDT
HTX GLW-USDT
GRVT GLW_USDT_Perp
Paragon para:GLW
OKX GLW-USDT-SWAP