Funding you earn now, next payment 12:00 UTC+0.0072%/8h= +7.9% APRpaid last 24h +0.064%
Price spread now: Binance against Ondo Perps+0.177%46s7-day average +0.102% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.084%+$8 on $10k
+Price spread, last 4 days (all we have)−0.274%−$27 · spread now +0.177%, 7d avg +0.102%
=Together, before fees−0.190%+ Points / potential airdropOndo Perps: Active · farm board−$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Binance is 0.075% dearer against Ondo Perps than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.102%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps GLW-USD.P | 158.23 | 0.0050 | pay 0.0006% / 1h | 47m 46s | $280K | $111K | 10x |
| Short | Binance GLWUSDT | 158.51 | 0.0123 | get 0.0123% / 8h | 4h 47m | $10.4M | $27.2M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Ondo Perps. 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
- $15.15
- Price spread: +0.177% → +0.102%
- $7.52
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $7.67
- Costs to cover
- 0.150%
- Break-even
- 3.5 days
Slippage unknown: Ondo Perps: no order-book sample; Binance: live order book, 2 min ago. Net counts fees only.
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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 2 min ago | 1.26 bp | 18.0 bp −$18 | 53.0 bp −$530 | 158.8 bp −$15.9K | doesn't fit |
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
GLW on 17 exchanges
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 | 158.52 | +0.186% | $64K | $53K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 158.37 | +0.088% | $903K | $242K | 25x | as long as short |
| Gate GLW_USDT | 0.0000% | 8h | 158.34 | +0.070% | $2.2M | $4.4M | 50x | as long as short |
| Bitget GLWUSDT | 0.0000% | 8h | 158.47 | +0.152% | $2.1M | $1.1M | 20x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 158.22 | −0.006% | $1K | $1.5M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 159.01 | +0.493% | $17K | $27K | 20x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 158.62 | +0.246% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.Plong | +0.0050% | 1h | 158.23 | long leg | $280K | $111K | 10x | |
| Paragon para:GLW | +0.0060% | 1h | 158.39 | +0.101% | $308K | $41K | 10x | as long as short |
| QFEX GLW-USD | +0.0080% | 1h | 158.55 | +0.202% | $1.1M | $1.8M | 10x | as long as short |
Show all 17 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GLWUSDTM | +0.0100% | 8h | 158.49 | +0.164% | $379K | $872K | 20x | as long as short |
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 158.31 | +0.051% | $2K | $3K | 10x | as long as short |
| Extended GLW-USD | +0.0120% | 1h | 158.46 | +0.143% | $2K | $1K | 10x | as long as short |
| Binance GLWUSDTshort | +0.0123% | 8h | 158.51 | +0.177% | $10.4M | $27.2M | 20x | |
| OKX GLW-USDT-SWAP | +0.0128% | 8h | 158.44 | +0.133% | $2.2M | $5.2M | 20x | as long as short |
| BloFin GLW-USDT | +0.0160% | 8h | 158.40 | +0.107% | $151K | $48K | 20x | as long as short |
| GRVT GLW_USDT_Perp | +0.0443% | 8h | 159.01 | +0.493% | $197 | $247K | 10x | as long as short |
Binance GLWUSDT
Aster GLWUSDT
Bybit GLWUSDT
Gate GLW_USDT
Bitget GLWUSDT
SunX GLW-USDT
HTX GLW-USDT
Paragon para:GLW
KuCoin GLWUSDTM
Extended GLW-USD
OKX GLW-USDT-SWAP
BloFin GLW-USDT
GRVT GLW_USDT_Perp