GLW

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%

Price spread now: Bybit against KuCoin−0.019%7-day average +0.043% · you buy dearer than you sell

Net, funding: paid 7d − costs−$966as in the Funding arb table

Net, price: spread back to 7d avg − costs−$944as in the Price arb table

costs, in and out, $10k−$9389.378% of the position

Long on KuCoin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.287%−$29 on $10k

Price spread, last 4 days (all we have)−0.005%$0 · spread now −0.019%, 7d avg +0.043%

Together, before fees−0.291%−$29 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bybit is 0.061% cheaper against KuCoin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.043%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin GLWUSDTM	161.93	0.0100	pay 0.0100% / 8h	6h 41m	$326K	$977K	20x
Short	Bybit GLWUSDT	161.90	0	get 0.0000% / 8h	6h 41m	$930K	$196K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee BybitbpOrdersPrice spread, now −0.019%Rate

Funding earned: −$21
Price spread: −0.019% → +0.043%: −$6.12
Slippage, 4 orders: −$914.78
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$964.9
Costs to cover: 9.378%
Break-even: never at this rate

Slippage from KuCoin: live order book, 18 min ago; Bybit: live order book, 24 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, 18 min ago	2.16 bp	442.6 bp −$443	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 24 min ago	2.78 bp	38.7 bp −$39	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	−0.0101%	1h	161.74	−0.114%	$321K	$38K	10x	as long as short
Aster GLWUSDT	0.0000%	8h	162.14	+0.127%	$41K	$1K	20x	as long as short
Bybit GLWUSDTshort	0.0000%	8h	161.90	−0.019%	$930K	$196K	25x
Gate GLW_USDT	0.0000%	8h	161.83	−0.062%	$2.2M	$4.3M	50x	as long as short
SunX GLW-USDT	0.0000%	8h	161.83	−0.062%	$1K	$1.9M	10x	as long as short
HTX GLW-USDT	0.0000%	8h	161.94	+0.006%	$17K	$16K	20x	as long as short
QFEX GLW-USD	+0.0034%	1h	161.88	−0.031%	$1.1M	$2.2M	10x	as long as short
Vest GLW-USD-PERP	+0.0046%	1h	161.90	−0.019%	—	—	10x	as long as short
Ondo Perps GLW-USD.P	+0.0050%	1h	161.70	−0.142%	$301K	$105K	10x	as long as short
KuCoin GLWUSDTMlong	+0.0100%	8h	161.93	long leg	$326K	$977K	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	162.00	+0.043%	$2K	$2K	10x	as long as short
GRVT GLW_USDT_Perp	+0.0152%	8h	161.90	−0.019%	$555	$168K	10x	as long as short
OKX GLW-USDT-SWAP	+0.0189%	8h	162.07	+0.086%	$2.3M	$4.4M	20x	as long as short
Bitget GLWUSDT	+0.0353%	8h	161.98	+0.031%	$2.2M	$800K	20x	as long as short
Binance GLWUSDT	+0.0509%	8h	161.97	+0.027%	$10.7M	$21.7M	20x	as long as short
Extended GLW-USD	+0.0512%	1h	161.95	+0.010%	$2K	$1K	10x	as long as short
BloFin GLW-USDT	+0.0561%	8h	161.82	−0.068%	$152K	$36K	20x	as long as short