Funding you earn now, next payment 09:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.053%
Price spread now: Paragon against Orderly−0.025%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 −$1 a day on $10k at the current rate, and Paragon is 0.025% cheaper against Orderly than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_GLW_USDC_mythos | 157.10 | 0.0100 | pay 0.0100% / 8h | 7h 42m | $2K | $3K | 10x |
| Short | Paragon para:GLW | 157.06 | 0.0060 | get 0.0008% / 1h | 42m 57s | $306K | $40K | 10x |
Orderly PERP_GLW_USDC_mythos
Paragon para:GLWFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paragon against Orderly. 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
- −$8.4
- Price spread: −0.025% → 0.000%
- −$2.5
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Paragon: 5 bp × 2 orders
- −$10
- Net
- −$26.9
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Paragon: live order book, 3 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 Paragon live order book, 3 min ago | 15.27 bp | 68.7 bp −$69 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget GLWUSDT | −0.0787% | 8h | 157.01 | −0.057% | $2.1M | $1.1M | 20x | as long as short |
| Gate GLW_USDT | −0.0484% | 8h | 156.91 | −0.121% | $2.2M | $4.4M | 50x | as long as short |
| BloFin GLW-USDT | −0.0016% | 8h | 157.06 | −0.025% | $149K | $40K | 20x | as long as short |
| Aster GLWUSDT | 0.0000% | 8h | 157.22 | +0.074% | $65K | $52K | 20x | as long as short |
| Extended GLW-USD | 0.0000% | 1h | 157.06 | −0.028% | $2K | $1K | 10x | as long as short |
| Binance GLWUSDT | 0.0000% | 8h | 157.08 | −0.015% | $10.4M | $25.5M | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 157.06 | −0.025% | $901K | $248K | 25x | as long as short |
| GRVT GLW_USDT_Perp | 0.0000% | 8h | 157.21 | +0.067% | $468 | $217K | 10x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 156.81 | −0.185% | $1K | $1.7M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 156.92 | −0.115% | $17K | $22K | 20x | as long as short |
Bitget GLWUSDT
Gate GLW_USDT
BloFin GLW-USDT
Aster GLWUSDT
Extended GLW-USD
Binance GLWUSDT
Bybit GLWUSDT
GRVT GLW_USDT_Perp
SunX GLW-USDT
HTX GLW-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest GLW-USD-PERP | +0.0046% | 1h | 157.00 | −0.064% | — | — | 10x | as long as short |
| QFEX GLW-USD | +0.0047% | 1h | 157.13 | +0.019% | $1.1M | $1.7M | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 156.94 | −0.102% | $279K | $122K | 10x | as long as short |
| Paragon para:GLWshort | +0.0060% | 1h | 157.06 | −0.025% | $306K | $40K | 10x | |
| OKX GLW-USDT-SWAP | +0.0082% | 8h | 157.02 | −0.051% | $2.2M | $4.8M | 20x | as long as short |
| KuCoin GLWUSDTM | +0.0100% | 8h | 156.89 | −0.134% | $321K | $845K | 20x | as long as short |
| Orderly PERP_GLW_USDC_mythoslong | +0.0100% | 8h | 157.10 | long leg | $2K | $3K | 10x |
Vest GLW-USD-PERP
QFEX GLW-USD
Ondo Perps GLW-USD.P
OKX GLW-USDT-SWAP
KuCoin GLWUSDTM