Funding you earn now, next payment 12:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%
Price spread now: Bybit against Ondo Perps−0.076%7-day average +0.042% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.239%−$24 on $10k
+Price spread, last 4 days (all we have)−0.086%−$9 · spread now −0.076%, 7d avg +0.042%
=Together, before fees−0.326%+ Points / potential airdropOndo Perps: Active · farm board−$33 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bybit is 0.118% cheaper against Ondo Perps than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.042%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps GLW-USD.P | 157.76 | 0.0050 | pay 0.0006% / 1h | 8m 38s | $278K | $110K | 10x |
| Short | Bybit GLWUSDT | 157.64 | 0 | get 0.0000% / 8h | 4h 08m | $899K | $240K | 25x |
Ondo Perps GLW-USD.P
Bybit GLWUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$10.58
- Price spread: −0.076% → +0.042%
- −$11.78
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$38.37
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Bybit: live order book, 30 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 Bybit live order book, 30 min ago | 5.70 bp | 54.5 bp −$55 | 180.8 bp −$1,808 | 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 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin GLW-USDT | −0.0021% | 8h | 157.82 | +0.038% | $152K | $49K | 20x | as long as short |
| Aster GLWUSDT | 0.0000% | 8h | 157.79 | +0.017% | $64K | $53K | 20x | as long as short |
| Extended GLW-USD | 0.0000% | 1h | 157.68 | −0.053% | $2K | $1K | 10x | as long as short |
| Binance GLWUSDT | 0.0000% | 8h | 157.80 | +0.025% | $10.4M | $27.4M | 20x | as long as short |
| Bybit GLWUSDTshort | 0.0000% | 8h | 157.64 | −0.076% | $899K | $240K | 25x | |
| Gate GLW_USDT | 0.0000% | 8h | 157.46 | −0.190% | $2.2M | $4.5M | 50x | as long as short |
| Bitget GLWUSDT | 0.0000% | 8h | 157.63 | −0.082% | $2.1M | $1.2M | 20x | as long as short |
| GRVT GLW_USDT_Perp | 0.0000% | 8h | 157.83 | +0.044% | $742 | $250K | 10x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 157.74 | −0.013% | $1K | $1.5M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 157.81 | +0.032% | $17K | $27K | 20x | as long as short |
BloFin GLW-USDT
Aster GLWUSDT
Extended GLW-USD
Binance GLWUSDT
Gate GLW_USDT
Bitget GLWUSDT
GRVT GLW_USDT_Perp
SunX GLW-USDT
HTX GLW-USDTShow all 17 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX GLW-USDT-SWAP | +0.0039% | 8h | 157.56 | −0.127% | $2.2M | $5.2M | 20x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 157.61 | −0.095% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.Plong | +0.0050% | 1h | 157.76 | long leg | $278K | $110K | 10x | |
| Paragon para:GLW | +0.0060% | 1h | 157.77 | +0.006% | $307K | $41K | 10x | as long as short |
| QFEX GLW-USD | +0.0080% | 1h | 157.61 | −0.095% | $1.1M | $1.8M | 10x | as long as short |
| KuCoin GLWUSDTM | +0.0100% | 8h | 157.79 | +0.019% | $370K | $891K | 20x | as long as short |
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 157.64 | −0.076% | $2K | $3K | 10x | as long as short |
OKX GLW-USDT-SWAP
Vest GLW-USD-PERP
Paragon para:GLW
QFEX GLW-USD
KuCoin GLWUSDTM
Orderly PERP_GLW_USDC_mythos