Funding you earn now, next payment 08:00 UTC+0.0023%/8h= +2.6% APRnext payment +$0.23 per $10,000 · paid last 24h +0.043%
Price spread now: OKX against KuCoin+0.063%7-day average +0.090% · you sell dearer than you buy
Net, funding: paid 7d − costs−$840as in the Funding arb table
Net, price: spread back to 7d avg − costs−$830as in the Price arb table
costs, in and out, $10k−$8278.270% of the position
Funding, last 7 days−0.135%−$14 on $10k
+Price spread, last 4 days (all we have)−0.087%−$9 · spread now +0.063%, 7d avg +0.090%
=Funding pays, the price is against you. OKX is 0.028% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.063% now, against its 7-day average of +0.090%). If the spread goes back, that is −$3 on $10k: about 3.9 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.135%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin GLWUSDTM | 159.19 | 0.0100 | pay 0.0100% / 8h | 3h 18m | $321K | $922K | 20x |
| Short | OKX GLW-USDT-SWAP | 159.29 | 0.0123 | get 0.0123% / 8h | 3h 18m | $2.2M | $4.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $4.92
- Price spread: +0.063% → +0.090%
- −$2.76
- Slippage, 4 orders
- −$804.96
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$824.8
- Costs to cover
- 8.270%
- Break-even
- 1179.9 days
Slippage from KuCoin: live order book, 26 min ago; OKX: live order book, 4 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, 26 min ago | 2.49 bp | 440.3 bp −$440 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 2.82 bp | 15.3 bp −$15 | 59.4 bp −$594 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster GLWUSDT | 0.0000% | 8h | 159.39 | +0.129% | $41K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 159.20 | +0.006% | $915K | $202K | 25x | as long as short |
| Gate GLW_USDT | 0.0000% | 8h | 159.07 | −0.075% | $2.2M | $4.2M | 50x | as long as short |
| Bitget GLWUSDT | 0.0000% | 8h | 159.25 | +0.038% | $2.1M | $869K | 20x | as long as short |
| GRVT GLW_USDT_Perp | 0.0000% | 8h | 159.55 | +0.225% | $185 | $197K | 10x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 159.13 | −0.038% | $1K | $1.8M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 159.38 | +0.119% | $16K | $16K | 20x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 159.20 | +0.006% | — | — | 10x | as long as short |
| QFEX GLW-USD | +0.0050% | 1h | 159.14 | −0.031% | $1.1M | $1.8M | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 159.16 | −0.019% | $290K | $118K | 10x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:GLW | +0.0057% | 1h | 159.17 | −0.011% | $310K | $41K | 10x | as long as short |
| KuCoin GLWUSDTMlong | +0.0100% | 8h | 159.19 | long leg | $321K | $922K | 20x | |
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 159.20 | +0.006% | $2K | $2K | 10x | as long as short |
| OKX GLW-USDT-SWAPshort | +0.0123% | 8h | 159.29 | +0.063% | $2.2M | $4.4M | 20x | |
| Extended GLW-USD | +0.0160% | 1h | 159.16 | −0.021% | $2K | $1K | 10x | as long as short |
| Binance GLWUSDT | +0.0162% | 8h | 159.20 | +0.003% | $10.4M | $22.3M | 20x | as long as short |
| BloFin GLW-USDT | +0.0170% | 8h | 159.58 | +0.245% | $150K | $36K | 20x | as long as short |
KuCoin GLWUSDTM
OKX GLW-USDT-SWAP
Aster GLWUSDT
Bybit GLWUSDT
Gate GLW_USDT
Bitget GLWUSDT
GRVT GLW_USDT_Perp
SunX GLW-USDT
HTX GLW-USDT
Paragon para:GLW
Extended GLW-USD
Binance GLWUSDT
BloFin GLW-USDT