GLW

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0071%/8h= −7.7% APRnext payment −$0.71 per $10,000 · paid last 24h −0.027%

Price spread now: Bitget against OKX−0.025%7-day average −0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs−$53as in the Funding arb table

Net, price: spread back to 7d avg − costs−$62as in the Price arb table

costs, in and out, $10k−$590.595% of the position

Long on OKX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.062%+$6 on $10k

Price spread, last 7 days0.000%$0 · spread now −0.025%, 7d avg −0.005%

Together, before fees+0.061%+$6 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bitget is 0.020% cheaper against OKX than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.005%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.062%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX GLW-USDT-SWAP	161.55	0.0259	pay 0.0259% / 8h	7h 56m	$2.3M	$4.5M	20x
Short	Bitget GLWUSDT	161.51	0.0188	get 0.0188% / 8h	7h 56m	$2.2M	$812K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against OKX. 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 OKXbpFee BitgetbpOrdersPrice spread, now −0.025%Rate

Funding earned: −$14.84
Price spread: −0.025% → −0.005%: −$2.03
Slippage, 4 orders: −$37.48
Fee OKX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$76.34
Costs to cover: 0.595%
Break-even: never at this rate

Slippage from OKX: live order book, 1 min ago; Bitget: live order book, 10 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 OKX live order book, 1 min ago	1.55 bp	18.1 bp −$18	65.8 bp −$658	doesn't fit	doesn't fit
Sell Bitget live order book, 10 min ago	4.96 bp	12.5 bp −$12	36.6 bp −$366	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	161.62	+0.044%	$41K	$1K	20x	as long as short
Bybit GLWUSDT	0.0000%	8h	161.60	+0.031%	$936K	$194K	25x	as long as short
Gate GLW_USDT	0.0000%	8h	161.31	−0.149%	$2.2M	$4.2M	50x	as long as short
SunX GLW-USDT	0.0000%	8h	161.29	−0.161%	$1K	$1.9M	10x	as long as short
HTX GLW-USDT	0.0000%	8h	161.49	−0.037%	$17K	$16K	20x	as long as short
Vest GLW-USD-PERP	+0.0046%	1h	161.35	−0.124%	—	—	10x	as long as short
Ondo Perps GLW-USD.P	+0.0050%	1h	161.42	−0.080%	$301K	$112K	10x	as long as short
QFEX GLW-USD	+0.0052%	1h	161.46	−0.056%	$1.1M	$2.3M	10x	as long as short
KuCoin GLWUSDTM	+0.0100%	8h	161.43	−0.074%	$325K	$1.0M	20x	as long as short
Orderly PERP_GLW_USDC_mythos	+0.0100%	8h	161.48	−0.043%	$2K	$2K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget GLWUSDTshort	+0.0188%	8h	161.51	−0.025%	$2.2M	$812K	20x
OKX GLW-USDT-SWAPlong	+0.0259%	8h	161.55	long leg	$2.3M	$4.5M	20x
Paragon para:GLW	+0.0567%	1h	161.25	−0.184%	$321K	$30K	10x	as long as short
BloFin GLW-USDT	+0.0580%	8h	161.57	+0.012%	$150K	$36K	20x	as long as short
Binance GLWUSDT	+0.0590%	8h	161.57	+0.013%	$11.0M	$21.1M	20x	as long as short
Extended GLW-USD	+0.0592%	1h	161.54	−0.005%	$2K	$2K	10x	as long as short
GRVT GLW_USDT_Perp	+0.0624%	8h	161.47	−0.051%	$538	$175K	10x	as long as short