Funding you earn now, next payment 00:00 UTC+0.0621%/8h= +68.0% APRpaid last 24h +0.059%
Price spread now: BloFin against Paragon+0.137%7-day average +0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$620.622% of the position
Funding, last 7 days+0.109%+$11 on $10k
+Price spread, last 3 days (all we have)−0.073%−$7 · spread now +0.137%, 7d avg +0.073%
=Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and BloFin is 0.064% dearer against Paragon than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.073%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.109% in total (about 5.7% 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 | Paragon para:GLW | 161.24 | −0.0026 | get 0.0003% / 1h | 17m 14s | $321K | $29K | 10x |
| Short | BloFin GLW-USDT | 161.46 | 0.0595 | get 0.0595% / 8h | 17m 14s | $151K | $35K | 20x |
Paragon para:GLW
BloFin GLW-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Paragon. 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
- $130.44
- Price spread: +0.137% → +0.073%
- $6.36
- Slippage, 4 orders
- −$40.23
- Fee Paragon: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $74.57
- Costs to cover
- 0.622%
- Break-even
- 3.0 days
Slippage from Paragon: live order book, 48 min ago; BloFin: live order book, 44 min ago.
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 Paragon live order book, 48 min ago | 10.64 bp | 16.0 bp −$16 | 45.8 bp −$458 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 44 min ago | 2.81 bp | 9.6 bp −$10 | 25.1 bp −$251 | doesn't fit | doesn't fit |
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:GLWlong | −0.0026% | 1h | 161.24 | long leg | $321K | $29K | 10x | |
| Aster GLWUSDT | 0.0000% | 8h | 161.27 | +0.017% | $41K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 161.37 | +0.081% | $924K | $195K | 25x | as long as short |
| Gate GLW_USDT | 0.0000% | 8h | 161.19 | −0.031% | $2.2M | $4.2M | 50x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 161.27 | +0.019% | $895 | $2.0M | 10x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 161.39 | +0.093% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 161.29 | +0.031% | $301K | $104K | 10x | as long as short |
| QFEX GLW-USD | +0.0065% | 1h | 161.36 | +0.075% | $1.1M | $2.2M | 10x | as long as short |
| HTX GLW-USDT | +0.0087% | 8h | 161.45 | +0.130% | $17K | $16K | 20x | as long as short |
| KuCoin GLWUSDTM | +0.0100% | 8h | 161.18 | −0.037% | $323K | $998K | 20x | as long as short |
Aster GLWUSDT
Bybit GLWUSDT
Gate GLW_USDT
SunX GLW-USDT
Vest GLW-USD-PERP
Ondo Perps GLW-USD.P
QFEX GLW-USD
HTX GLW-USDT
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 | 161.31 | +0.044% | $2K | $2K | 10x | as long as short |
| Bitget GLWUSDT | +0.0181% | 8h | 161.36 | +0.075% | $2.2M | $935K | 20x | as long as short |
| OKX GLW-USDT-SWAP | +0.0263% | 8h | 161.45 | +0.130% | $2.3M | $4.5M | 20x | as long as short |
| Extended GLW-USD | +0.0568% | 1h | 161.36 | +0.075% | $2K | $2K | 10x | as long as short |
| Binance GLWUSDT | +0.0570% | 8h | 161.39 | +0.093% | $11.0M | $21.1M | 20x | as long as short |
| BloFin GLW-USDTshort | +0.0595% | 8h | 161.46 | +0.137% | $151K | $35K | 20x | |
| GRVT GLW_USDT_Perp | +0.0618% | 8h | 161.32 | +0.051% | $97 | $174K | 10x | as long as short |
Orderly PERP_GLW_USDC_mythos
Bitget GLWUSDT
OKX GLW-USDT-SWAP
Extended GLW-USD
Binance GLWUSDT
GRVT GLW_USDT_Perp