GLW

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0134%/8h= −14.7% APRnext payment −$1.34 per $10,000 · paid last 24h −0.017%

Price spread now: KuCoin against OKX−0.248%7-day average −0.096% · you buy dearer than you sell

Net, funding: paid 7d − costs−$803as in the Funding arb table

Net, price: spread back to 7d avg − costs−$835as in the Price arb table

costs, in and out, $10k−$8198.195% of the position

Long on OKX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.162%+$16 on $10k

Price spread, last 4 days (all we have)+0.228%+$23 · spread now −0.248%, 7d avg −0.096%

Together, before fees+0.390%+$39 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and KuCoin is 0.152% cheaper against OKX than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.096%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.162%, 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	161.13	0.0234	pay 0.0234% / 8h	39m 45s	$2.3M	$4.5M	20x
Short	KuCoin GLWUSDTM	160.73	0.0100	get 0.0100% / 8h	39m 45s	$323K	$987K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.248%Rate

Funding earned: −$28.24
Price spread: −0.248% → −0.096%: −$15.24
Slippage, 4 orders: −$797.48
Fee OKX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$862.96
Costs to cover: 8.195%
Break-even: never at this rate

Slippage from OKX: live order book, 3 min ago; KuCoin: live order book, 30 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, 3 min ago	2.17 bp	12.5 bp −$12	31.6 bp −$316	doesn't fit	doesn't fit
Sell KuCoin live order book, 30 min ago	0.63 bp	374.6 bp −$375	doesn't fit	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	−0.0111%	1h	160.83	−0.187%	$320K	$27K	10x	as long as short
Aster GLWUSDT	0.0000%	8h	160.91	−0.138%	$41K	$1K	20x	as long as short
Bybit GLWUSDT	0.0000%	8h	160.86	−0.168%	$917K	$218K	25x	as long as short
Gate GLW_USDT	0.0000%	8h	160.93	−0.124%	$2.2M	$4.2M	50x	as long as short
SunX GLW-USDT	0.0000%	8h	160.66	−0.292%	$1K	$2.0M	10x	as long as short
HTX GLW-USDT	0.0000%	8h	160.88	−0.155%	$17K	$16K	20x	as long as short
Bitget GLWUSDT	+0.0018%	8h	161.06	−0.043%	$2.2M	$899K	20x	as long as short
Vest GLW-USD-PERP	+0.0046%	1h	160.98	−0.093%	—	—	10x	as long as short
Ondo Perps GLW-USD.P	+0.0050%	1h	160.63	−0.310%	$302K	$87K	10x	as long as short
QFEX GLW-USD	+0.0065%	1h	161.09	−0.025%	$1.1M	$2.2M	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin GLWUSDTMshort	+0.0100%	8h	160.73	−0.248%	$323K	$987K	20x
Orderly PERP_GLW_USDC_mythos	+0.0100%	8h	160.96	−0.106%	$2K	$2K	10x	as long as short
OKX GLW-USDT-SWAPlong	+0.0234%	8h	161.13	long leg	$2.3M	$4.5M	20x
BloFin GLW-USDT	+0.0406%	8h	161.02	−0.068%	$150K	$34K	20x	as long as short
Extended GLW-USD	+0.0440%	1h	161.08	−0.030%	$2K	$2K	10x	as long as short
Binance GLWUSDT	+0.0442%	8h	161.11	−0.012%	$11.0M	$20.8M	20x	as long as short
GRVT GLW_USDT_Perp	+0.0501%	8h	160.64	−0.304%	$133	$176K	10x	as long as short