Funding you earn now, next payment 07:00 UTC−0.0036%/8h= −3.9% APRnext payment −$0.05 per $10,000 · paid last 24h −0.038%
Price spread now: Paragon against Ondo Perps−0.050%7-day average +0.019% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.093%−$9 on $10k
+Price spread, last 4 days (all we have)−0.125%−$13 · spread now −0.050%, 7d avg +0.019%
=Together, before fees−0.218%+ Points / potential airdropOndo Perps: Active · farm board−$22 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Paragon is 0.069% cheaper against Ondo Perps than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.019%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps GLW-USD.P | 156.30 | 0.0050 | pay 0.0006% / 1h | 40m 54s | $275K | $128K | 10x |
| Short | Paragon para:GLW | 156.22 | 0.0014 | get 0.0002% / 1h | 40m 54s | $304K | $41K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Paragon 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
- −$7.57
- Price spread: −0.050% → +0.019%
- −$6.9
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Paragon: 5 bp × 2 orders
- −$10
- Net
- −$29.47
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Paragon: live order book, 25 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 Paragon live order book, 25 min ago | 15.48 bp | 31.3 bp −$31 | 62.6 bp −$626 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget GLWUSDT | −0.1121% | 8h | 156.45 | +0.096% | $2.1M | $910K | 20x | as long as short |
| Gate GLW_USDT | −0.0294% | 8h | 156.25 | −0.032% | $2.1M | $4.4M | 50x | as long as short |
| Aster GLWUSDT | 0.0000% | 8h | 156.52 | +0.140% | $40K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 156.36 | +0.038% | $905K | $228K | 25x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 156.36 | +0.038% | $1K | $1.7M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 156.41 | +0.070% | $16K | $16K | 20x | as long as short |
| Paragon para:GLWshort | +0.0014% | 1h | 156.22 | −0.050% | $304K | $41K | 10x | |
| BloFin GLW-USDT | +0.0018% | 8h | 156.35 | +0.032% | $148K | $38K | 20x | as long as short |
| GRVT GLW_USDT_Perp | +0.0035% | 8h | 156.80 | +0.317% | $792 | $211K | 10x | as long as short |
| Binance GLWUSDT | +0.0045% | 8h | 156.36 | +0.038% | $10.5M | $24.2M | 20x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest GLW-USD-PERP | +0.0046% | 1h | 156.33 | +0.019% | — | — | 10x | as long as short |
| Extended GLW-USD | +0.0048% | 1h | 156.33 | +0.016% | $2K | $1K | 10x | as long as short |
| Ondo Perps GLW-USD.Plong | +0.0050% | 1h | 156.30 | long leg | $275K | $128K | 10x | |
| QFEX GLW-USD | +0.0060% | 1h | 156.36 | +0.038% | $1.1M | $1.7M | 10x | as long as short |
| KuCoin GLWUSDTM | +0.0100% | 8h | 156.35 | +0.032% | $314K | $887K | 20x | as long as short |
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 156.23 | −0.045% | $2K | $2K | 10x | as long as short |
| OKX GLW-USDT-SWAP | +0.0118% | 8h | 156.44 | +0.090% | $2.2M | $4.7M | 20x | as long as short |
Paragon para:GLW
Bitget GLWUSDT
Gate GLW_USDT
Aster GLWUSDT
Bybit GLWUSDT
SunX GLW-USDT
HTX GLW-USDT
BloFin GLW-USDT
GRVT GLW_USDT_Perp
Binance GLWUSDT
Extended GLW-USD
KuCoin GLWUSDTM
OKX GLW-USDT-SWAP