Funding you earn now, next payment 08:00 UTC−0.0182%/8h= −19.9% APRnext payment −$1.82 per $10,000 · paid last 24h +0.020%
Price spread now: Gate against KuCoin−0.044%7-day average +0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$871as in the Funding arb table
Net, price: spread back to 7d avg − costs−$863as in the Price arb table
costs, in and out, $10k−$8558.547% of the position
Funding, last 7 days−0.162%−$16 on $10k
+Price spread, last 4 days (all we have)+0.081%+$8 · spread now −0.044%, 7d avg +0.040%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Gate is 0.084% cheaper against KuCoin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.040%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin GLWUSDTM | 157.48 | 0.0100 | pay 0.0100% / 8h | 2h 30m | $317K | $907K | 20x |
| Short | Gate GLW_USDT | 157.41 | −0.0082 | pay 0.0082% / 8h | 2h 30m | $2.2M | $4.3M | 50x |
KuCoin GLWUSDTM
Gate GLW_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$38.22
- Price spread: −0.044% → +0.040%
- −$8.42
- Slippage, 4 orders
- −$827.74
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$901.38
- Costs to cover
- 8.547%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 9 min ago; Gate: live order book, 3 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, 9 min ago | 2.22 bp | 372.5 bp −$372 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 9.21 bp | 18.5 bp −$19 | 142.9 bp −$1,429 | 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 | −0.0752% | 8h | 157.58 | +0.064% | $2.1M | $858K | 20x | as long as short |
| Gate GLW_USDTshort | −0.0082% | 8h | 157.41 | −0.044% | $2.2M | $4.3M | 50x | |
| Aster GLWUSDT | 0.0000% | 8h | 157.61 | +0.080% | $40K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 157.44 | −0.025% | $904K | $218K | 25x | as long as short |
| GRVT GLW_USDT_Perp | 0.0000% | 8h | 157.43 | −0.032% | $545 | $204K | 10x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 157.44 | −0.025% | $979 | $1.7M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 157.60 | +0.076% | $16K | $16K | 20x | as long as short |
| QFEX GLW-USD | +0.0032% | 1h | 157.47 | −0.006% | $1.1M | $1.8M | 10x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 157.38 | −0.064% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 157.51 | +0.019% | $286K | $117K | 10x | as long as short |
Bitget GLWUSDT
Aster GLWUSDT
Bybit GLWUSDT
GRVT GLW_USDT_Perp
SunX GLW-USDT
HTX GLW-USDT
QFEX GLW-USD
Vest GLW-USD-PERP
Ondo Perps GLW-USD.PShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:GLW | +0.0060% | 1h | 157.29 | −0.123% | $306K | $41K | 10x | as long as short |
| Binance GLWUSDT | +0.0077% | 8h | 157.49 | +0.006% | $10.2M | $22.9M | 20x | as long as short |
| Extended GLW-USD | +0.0080% | 1h | 157.52 | +0.025% | $2K | $1K | 10x | as long as short |
| OKX GLW-USDT-SWAP | +0.0080% | 8h | 157.59 | +0.070% | $2.2M | $4.6M | 20x | as long as short |
| BloFin GLW-USDT | +0.0098% | 8h | 157.51 | +0.019% | $147K | $37K | 20x | as long as short |
| KuCoin GLWUSDTMlong | +0.0100% | 8h | 157.48 | long leg | $317K | $907K | 20x | |
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 157.36 | −0.076% | $2K | $2K | 10x | as long as short |
Paragon para:GLW
Binance GLWUSDT
Extended GLW-USD
OKX GLW-USDT-SWAP
BloFin GLW-USDT
Orderly PERP_GLW_USDC_mythos