Funding you earn now, next payment 00:00 UTC+0.0327%/8h= +35.8% APRnext payment +$3.27 per $10,000 · paid last 24h +0.068%
Price spread now: BloFin against KuCoin−0.031%110s7-day average +0.109% · you buy dearer than you sell
Net, funding: paid 7d − costs−$815as 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−$8148.142% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 3 days (all we have)+0.128%+$13 · spread now −0.031%, 7d avg +0.109%
=Funding pays, the price is against you. BloFin is 0.140% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.031% now, against its 7-day average of +0.109%). If the spread goes back, that is −$14 on $10k: about 34 hours of funding at the current rate (+$10 a day). The two prices were read 110 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.012% in total (about -0.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.27 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 | KuCoin GLWUSDTM | 160.67 | 0.0100 | pay 0.0100% / 8h | 41m 27s | $323K | $988K | 20x |
| Short | BloFin GLW-USDT | 160.62 | 0.0427 | get 0.0427% / 8h | 41m 27s | $149K | $33K | 20x |
KuCoin GLWUSDTM
BloFin GLW-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $68.75
- Price spread: −0.031% → +0.109%
- −$13.97
- Slippage, 4 orders
- −$790.17
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$759.39
- Costs to cover
- 8.142%
- Break-even
- 84.3 days
Slippage from KuCoin: live order book, 28 min ago; BloFin: live order book, 20 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, 28 min ago | 0.63 bp | 420.0 bp −$420 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 20 min ago | 2.81 bp | 9.6 bp −$10 | 25.1 bp −$251 | 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 | −0.0088% | 1h | 160.69 | +0.015% | $319K | $27K | 10x | as long as short |
| Aster GLWUSDT | 0.0000% | 8h | 160.76 | +0.055% | $41K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 160.83 | +0.100% | $917K | $218K | 25x | as long as short |
| Gate GLW_USDT | 0.0000% | 8h | 160.76 | +0.056% | $2.2M | $4.2M | 50x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 160.73 | +0.037% | $1K | $2.0M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 160.88 | +0.131% | $17K | $16K | 20x | as long as short |
| Bitget GLWUSDT | +0.0014% | 8h | 160.93 | +0.162% | $2.2M | $899K | 20x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 160.86 | +0.118% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 160.63 | −0.025% | $302K | $87K | 10x | as long as short |
| QFEX GLW-USD | +0.0065% | 1h | 160.81 | +0.087% | $1.1M | $2.2M | 10x | as long as short |
Paragon para:GLW
Aster GLWUSDT
Bybit GLWUSDT
Gate GLW_USDT
SunX GLW-USDT
HTX GLW-USDT
Bitget GLWUSDT
Vest GLW-USD-PERP
Ondo Perps GLW-USD.P
QFEX GLW-USDShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GLWUSDTMlong | +0.0100% | 8h | 160.67 | long leg | $323K | $988K | 20x | |
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 160.82 | +0.093% | $2K | $2K | 10x | as long as short |
| OKX GLW-USDT-SWAP | +0.0229% | 8h | 160.99 | +0.199% | $2.3M | $4.5M | 20x | as long as short |
| Extended GLW-USD | +0.0424% | 1h | 160.80 | +0.079% | $2K | $2K | 10x | as long as short |
| Binance GLWUSDT | +0.0427% | 8h | 160.89 | +0.138% | $11.0M | $20.8M | 20x | as long as short |
| BloFin GLW-USDTshort | +0.0427% | 8h | 160.62 | −0.031% | $149K | $33K | 20x | |
| GRVT GLW_USDT_Perp | +0.0501% | 8h | 160.64 | −0.019% | $133 | $176K | 10x | as long as short |
Orderly PERP_GLW_USDC_mythos
OKX GLW-USDT-SWAP
Extended GLW-USD
Binance GLWUSDT
GRVT GLW_USDT_Perp