Funding you earn now, next payment 00:00 UTC−0.0161%/8h= −17.7% APRnext payment −$1.61 per $10,000 · paid last 24h +0.033%
Price spread now: Gate against OKX−0.075%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$630.630% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days+0.019%+$2 · spread now −0.075%, 7d avg −0.043%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Gate is 0.032% cheaper against OKX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.043%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX GLW-USDT-SWAP | 159.75 | 0.0161 | pay 0.0161% / 8h | 1h 27m | $2.3M | $4.4M | 20x |
| Short | Gate GLW_USDT | 159.63 | 0 | get 0.0000% / 8h | 1h 27m | $2.2M | $4.1M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$33.88
- Price spread: −0.075% → −0.043%
- −$3.17
- Slippage, 4 orders
- −$38.03
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$100.08
- Costs to cover
- 0.630%
- Break-even
- never at this rate
Slippage from OKX: live order book, 5 min ago; Gate: live order book, 6 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, 5 min ago | 0.94 bp | 11.5 bp −$11 | 32.3 bp −$323 | doesn't fit | doesn't fit |
| Sell Gate live order book, 6 min ago | 3.76 bp | 25.1 bp −$25 | 264.7 bp −$2,647 | 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 | −0.0018% | 1h | 159.53 | −0.139% | $317K | $27K | 10x | as long as short |
| Aster GLWUSDT | 0.0000% | 8h | 159.81 | +0.040% | $41K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 159.77 | +0.013% | $916K | $215K | 25x | as long as short |
| Gate GLW_USDTshort | 0.0000% | 8h | 159.63 | −0.075% | $2.2M | $4.1M | 50x | |
| Bitget GLWUSDT | 0.0000% | 8h | 159.76 | +0.006% | $2.2M | $860K | 20x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 159.74 | −0.006% | $1K | $2.0M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 159.84 | +0.056% | $16K | $16K | 20x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 159.65 | −0.063% | — | — | 10x | as long as short |
| QFEX GLW-USD | +0.0050% | 1h | 159.78 | +0.019% | $1.1M | $2.1M | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 159.53 | −0.138% | $299K | $85K | 10x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GLWUSDTM | +0.0100% | 8h | 159.60 | −0.094% | $318K | $978K | 20x | as long as short |
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 159.77 | +0.013% | $2K | $2K | 10x | as long as short |
| OKX GLW-USDT-SWAPlong | +0.0161% | 8h | 159.75 | long leg | $2.3M | $4.4M | 20x | |
| Binance GLWUSDT | +0.0295% | 8h | 159.82 | +0.044% | $10.8M | $20.8M | 20x | as long as short |
| Extended GLW-USD | +0.0296% | 1h | 159.79 | +0.023% | $2K | $2K | 10x | as long as short |
| BloFin GLW-USDT | +0.0310% | 8h | 159.80 | +0.031% | $151K | $33K | 20x | as long as short |
| GRVT GLW_USDT_Perp | +0.0420% | 8h | 159.81 | +0.038% | $355 | $185K | 10x | as long as short |
OKX GLW-USDT-SWAP
Gate GLW_USDT
Paragon para:GLW
Aster GLWUSDT
Bybit GLWUSDT
Bitget GLWUSDT
SunX GLW-USDT
HTX GLW-USDT
KuCoin GLWUSDTM
Binance GLWUSDT
Extended GLW-USD
BloFin GLW-USDT
GRVT GLW_USDT_Perp