Funding you earn now, next payment 08:00 UTC+0.0083%/8h= +9.1% APRnext payment +$0.83 per $10,000 · paid last 24h +0.042%
Price spread now: BloFin against OKX−0.062%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$430.435% of the position
Funding, last 7 days+0.177%+$18 on $10k
+Price spread, last 4 days (all we have)+0.024%+$2 · spread now −0.062%, 7d avg +0.008%
=Funding pays, the price is against you. BloFin is 0.070% cheaper against OKX than usual: you would sell low and buy high (spread −0.062% now, against its 7-day average of +0.008%). If the spread goes back, that is −$7 on $10k: about 2.8 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX GLW-USDT-SWAP | 161.43 | 0.0193 | pay 0.0193% / 8h | 3h 46m | $2.3M | $4.4M | 20x |
| Short | BloFin GLW-USDT | 161.33 | 0.0276 | get 0.0276% / 8h | 3h 46m | $154K | $36K | 20x |
OKX GLW-USDT-SWAP
BloFin GLW-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against OKX. 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
- $17.47
- Price spread: −0.062% → +0.008%
- −$6.97
- Slippage, 4 orders
- −$21.48
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$32.99
- Costs to cover
- 0.435%
- Break-even
- 20.2 days
Slippage from OKX: live order book, 1 min ago; BloFin: live order book, 43 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 | 11.6 bp −$12 | 31.2 bp −$312 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 43 min ago | 0.31 bp | 10.8 bp −$11 | 28.2 bp −$282 | 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 | −0.0007% | 1h | 161.23 | −0.122% | $320K | $37K | 10x | as long as short |
| Aster GLWUSDT | 0.0000% | 8h | 161.45 | +0.014% | $41K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 161.23 | −0.124% | $925K | $200K | 25x | as long as short |
| Gate GLW_USDT | 0.0000% | 8h | 161.20 | −0.142% | $2.2M | $4.2M | 50x | as long as short |
| Bitget GLWUSDT | 0.0000% | 8h | 161.46 | +0.019% | $2.2M | $850K | 20x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 161.44 | +0.006% | $943 | $1.8M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 161.47 | +0.025% | $17K | $16K | 20x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 161.35 | −0.050% | — | — | 10x | as long as short |
| QFEX GLW-USD | +0.0050% | 1h | 161.24 | −0.118% | $1.1M | $1.9M | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 161.30 | −0.081% | $301K | $108K | 10x | as long as short |
Paragon para:GLW
Aster GLWUSDT
Bybit GLWUSDT
Gate GLW_USDT
Bitget GLWUSDT
SunX GLW-USDT
HTX GLW-USDT
Vest GLW-USD-PERP
QFEX GLW-USD
Ondo Perps GLW-USD.PShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT GLW_USDT_Perp | +0.0053% | 8h | 161.38 | −0.030% | $87 | $191K | 10x | as long as short |
| KuCoin GLWUSDTM | +0.0100% | 8h | 161.23 | −0.124% | $325K | $929K | 20x | as long as short |
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 161.25 | −0.112% | $2K | $2K | 10x | as long as short |
| OKX GLW-USDT-SWAPlong | +0.0193% | 8h | 161.43 | long leg | $2.3M | $4.4M | 20x | |
| Binance GLWUSDT | +0.0247% | 8h | 161.28 | −0.096% | $10.6M | $21.9M | 20x | as long as short |
| Extended GLW-USD | +0.0248% | 1h | 161.25 | −0.111% | $2K | $1K | 10x | as long as short |
| BloFin GLW-USDTshort | +0.0276% | 8h | 161.33 | −0.062% | $154K | $36K | 20x |
GRVT GLW_USDT_Perp
KuCoin GLWUSDTM
Orderly PERP_GLW_USDC_mythos
Binance GLWUSDT
Extended GLW-USD