Funding you earn now, next payment 03:00 UTC+0.0212%/8h= +23.2% APRpaid last 24h +0.003%
Price spread now: Bitget against Ondo Perps+0.154%7-day average +0.084% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.033%−$3 on $10k
+Price spread, last 4 days (all we have)−0.313%−$31 · spread now +0.154%, 7d avg +0.084%
=Together, before fees−0.346%+ Points / potential airdropOndo Perps: Active · farm board−$35 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Bitget is 0.070% dearer against Ondo Perps than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.084%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.033% in total (about -1.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps GLW-USD.P | 162.01 | 0.0050 | pay 0.0006% / 1h | 31m 12s | $304K | $107K | 10x |
| Short | Bitget GLWUSDT | 162.26 | 0.0262 | get 0.0262% / 8h | 5h 31m | $2.2M | $817K | 20x |
Ondo Perps GLW-USD.P
Bitget GLWUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $44.44
- Price spread: +0.154% → +0.084%
- $7.04
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $34.47
- Costs to cover
- 0.170%
- Break-even
- 1.6 days
Slippage unknown: Ondo Perps: no order-book sample; Bitget: live order book, 1 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 Bitget live order book, 1 min ago | 1.85 bp | 19.2 bp −$19 | 52.1 bp −$521 | doesn't fit | 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 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 | −0.0604% | 1h | 162.06 | +0.034% | $322K | $37K | 10x | as long as short |
| Aster GLWUSDT | 0.0000% | 8h | 162.35 | +0.212% | $41K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 162.18 | +0.105% | $930K | $198K | 25x | as long as short |
| Gate GLW_USDT | 0.0000% | 8h | 162.17 | +0.099% | $2.2M | $4.3M | 50x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 162.28 | +0.167% | $940 | $1.8M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 162.25 | +0.148% | $17K | $16K | 20x | as long as short |
| QFEX GLW-USD | +0.0044% | 1h | 162.26 | +0.154% | $1.1M | $2.1M | 10x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 162.15 | +0.086% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.Plong | +0.0050% | 1h | 162.01 | long leg | $304K | $107K | 10x | |
| KuCoin GLWUSDTM | +0.0100% | 8h | 162.17 | +0.099% | $326K | $947K | 20x | as long as short |
Paragon para:GLW
Aster GLWUSDT
Bybit GLWUSDT
Gate GLW_USDT
SunX GLW-USDT
HTX GLW-USDT
QFEX GLW-USD
Vest GLW-USD-PERP
KuCoin GLWUSDTMShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 162.31 | +0.185% | $2K | $2K | 10x | as long as short |
| GRVT GLW_USDT_Perp | +0.0133% | 8h | 162.23 | +0.137% | $513 | $173K | 10x | as long as short |
| OKX GLW-USDT-SWAP | +0.0245% | 8h | 162.33 | +0.198% | $2.3M | $4.4M | 20x | as long as short |
| Bitget GLWUSDTshort | +0.0262% | 8h | 162.26 | +0.154% | $2.2M | $817K | 20x | |
| BloFin GLW-USDT | +0.0395% | 8h | 162.30 | +0.179% | $155K | $36K | 20x | as long as short |
| Extended GLW-USD | +0.0416% | 1h | 162.29 | +0.175% | $2K | $1K | 10x | as long as short |
| Binance GLWUSDT | +0.0417% | 8h | 162.33 | +0.197% | $10.7M | $21.7M | 20x | as long as short |
Orderly PERP_GLW_USDC_mythos
GRVT GLW_USDT_Perp
OKX GLW-USDT-SWAP
BloFin GLW-USDT
Extended GLW-USD
Binance GLWUSDT