GLW

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.018%

Price spread now: Bybit against Orderly−0.050%50s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Orderly Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bybit is 0.050% cheaper against Orderly than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 50 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	Orderly PERP_GLW_USDC_mythos	159.80	0.0100	pay 0.0100% / 8h	1h 28m	$2K	$2K	10x
Short	Bybit GLWUSDT	159.72	0	get 0.0000% / 8h	1h 28m	$915K	$215K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Orderly. 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 OrderlybpFee BybitbpOrdersPrice spread, now −0.050%Rate

Funding earned: −$21
Price spread: −0.050% → 0.000%: −$5.01
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$43.01
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; Bybit: live order book, 52 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 Orderly no order-book sample	—	—	—	—	—
Sell Bybit live order book, 52 min ago	11.30 bp	39.8 bp −$40	190.2 bp −$1,902	doesn't fit	doesn't fit

Orderly: 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	−0.0021%	1h	159.51	−0.179%	$317K	$27K	10x	as long as short
Aster GLWUSDT	0.0000%	8h	159.82	+0.015%	$41K	$1K	20x	as long as short
Bybit GLWUSDTshort	0.0000%	8h	159.72	−0.050%	$915K	$215K	25x
Gate GLW_USDT	0.0000%	8h	159.63	−0.106%	$2.2M	$4.1M	50x	as long as short
Bitget GLWUSDT	0.0000%	8h	159.77	−0.019%	$2.2M	$860K	20x	as long as short
SunX GLW-USDT	0.0000%	8h	159.62	−0.113%	$891	$2.0M	10x	as long as short
HTX GLW-USDT	0.0000%	8h	159.67	−0.081%	$16K	$16K	20x	as long as short
Vest GLW-USD-PERP	+0.0046%	1h	159.65	−0.094%	—	—	10x	as long as short
QFEX GLW-USD	+0.0050%	1h	159.75	−0.031%	$1.1M	$2.1M	10x	as long as short
Ondo Perps GLW-USD.P	+0.0050%	1h	159.39	−0.257%	$299K	$85K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin GLWUSDTM	+0.0100%	8h	159.59	−0.131%	$318K	$979K	20x	as long as short
Orderly PERP_GLW_USDC_mythoslong	+0.0100%	8h	159.80	long leg	$2K	$2K	10x
OKX GLW-USDT-SWAP	+0.0159%	8h	159.75	−0.031%	$2.3M	$4.4M	20x	as long as short
Extended GLW-USD	+0.0288%	1h	159.77	−0.019%	$2K	$2K	10x	as long as short
Binance GLWUSDT	+0.0292%	8h	159.80	0.000%	$10.8M	$20.8M	20x	as long as short
BloFin GLW-USDT	+0.0310%	8h	159.80	0.000%	$151K	$33K	20x	as long as short
GRVT GLW_USDT_Perp	+0.0411%	8h	159.60	−0.124%	$428	$185K	10x	as long as short