Funding you earn now, next payment 03:00 UTC−0.0764%/8h= −83.7% APRpaid last 24h −0.041%
Price spread now: Paragon against KuCoin−0.061%7-day average +0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$936as in the Funding arb table
Net, price: spread back to 7d avg − costs−$932as in the Price arb table
costs, in and out, $10k−$9239.231% of the position
Funding, last 7 days−0.127%−$13 on $10k
+Price spread, last 4 days (all we have)−0.368%−$37 · spread now −0.061%, 7d avg +0.024%
=Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and Paragon is 0.085% cheaper against KuCoin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.024%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.127% in total (about -6.6% a year). A funding rate is set anew for every payment. 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 | 162.29 | 0.0100 | pay 0.0100% / 8h | 5h 02m | $327K | $938K | 20x |
| Short | Paragon para:GLW | 162.19 | −0.0664 | pay 0.0083% / 1h | 2m 22s | $322K | $37K | 10x |
KuCoin GLWUSDTM
Paragon para:GLWFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paragon 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
- −$160.53
- Price spread: −0.061% → +0.024%
- −$8.49
- Slippage, 4 orders
- −$901.08
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Paragon: 5 bp × 2 orders
- −$10
- Net
- −$1,092.1
- Costs to cover
- 9.231%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 52 min ago; Paragon: live order book, 33 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, 52 min ago | 5.55 bp | 408.9 bp −$409 | doesn't fit | doesn't fit | doesn't fit |
| Sell Paragon live order book, 33 min ago | 15.13 bp | 59.2 bp −$59 | 173.7 bp −$1,737 | 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:GLWshort | −0.0664% | 1h | 162.19 | −0.061% | $322K | $37K | 10x | |
| Aster GLWUSDT | 0.0000% | 8h | 162.48 | +0.115% | $41K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 162.28 | −0.006% | $932K | $199K | 25x | as long as short |
| Gate GLW_USDT | 0.0000% | 8h | 162.21 | −0.049% | $2.2M | $4.3M | 50x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 162.29 | 0.000% | $393 | $1.8M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 162.42 | +0.080% | $17K | $16K | 20x | as long as short |
| QFEX GLW-USD | +0.0044% | 1h | 162.31 | +0.012% | $1.1M | $2.1M | 10x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 162.35 | +0.037% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 162.28 | −0.006% | $305K | $109K | 10x | as long as short |
| KuCoin GLWUSDTMlong | +0.0100% | 8h | 162.29 | long leg | $327K | $938K | 20x |
Aster GLWUSDT
Bybit GLWUSDT
Gate GLW_USDT
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 | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 162.29 | 0.000% | $2K | $2K | 10x | as long as short |
| GRVT GLW_USDT_Perp | +0.0204% | 8h | 162.48 | +0.116% | $200 | $177K | 10x | as long as short |
| OKX GLW-USDT-SWAP | +0.0262% | 8h | 162.43 | +0.086% | $2.3M | $4.4M | 20x | as long as short |
| Bitget GLWUSDT | +0.0303% | 8h | 162.35 | +0.037% | $2.2M | $839K | 20x | as long as short |
| Binance GLWUSDT | +0.0410% | 8h | 162.36 | +0.041% | $10.7M | $21.9M | 20x | as long as short |
| Extended GLW-USD | +0.0416% | 1h | 162.30 | +0.006% | $2K | $1K | 10x | as long as short |
| BloFin GLW-USDT | +0.0443% | 8h | 162.31 | +0.012% | $110K | $36K | 20x | as long as short |
Orderly PERP_GLW_USDC_mythos
GRVT GLW_USDT_Perp
OKX GLW-USDT-SWAP
Bitget GLWUSDT
Binance GLWUSDT
Extended GLW-USD
BloFin GLW-USDT