Funding you earn now, next payment 03:00 UTC+0.0764%/8h= +83.7% APRpaid last 24h +0.041%
Price spread now: KuCoin against Paragon+0.061%7-day average −0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$910as in the Funding arb table
Net, price: spread back to 7d avg − costs−$915as in the Price arb table
costs, in and out, $10k−$9239.231% of the position
Funding, last 7 days+0.127%+$13 on $10k
+Price spread, last 4 days (all we have)+0.368%+$37 · spread now +0.061%, 7d avg −0.024%
=Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and KuCoin is 0.085% dearer against Paragon than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.024%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.127% in total (about 6.6% 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 | 162.19 | −0.0664 | get 0.0083% / 1h | 2m 09s | $322K | $37K | 10x |
| Short | KuCoin GLWUSDTM | 162.29 | 0.0100 | get 0.0100% / 8h | 5h 02m | $327K | $938K | 20x |
Paragon para:GLW
KuCoin GLWUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $160.53
- Price spread: +0.061% → −0.024%
- $8.49
- Slippage, 4 orders
- −$901.08
- Fee Paragon: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$754.07
- Costs to cover
- 9.231%
- Break-even
- 39.9 days
Slippage from Paragon: live order book, 33 min ago; KuCoin: live order book, 52 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, 33 min ago | 15.13 bp | 26.4 bp −$26 | 91.5 bp −$915 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 52 min ago | 5.55 bp | 428.6 bp −$429 | doesn't fit | 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 | −0.0664% | 1h | 162.19 | long leg | $322K | $37K | 10x | |
| Aster GLWUSDT | 0.0000% | 8h | 162.48 | +0.177% | $41K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 162.29 | +0.061% | $932K | $199K | 25x | as long as short |
| Gate GLW_USDT | 0.0000% | 8h | 162.22 | +0.018% | $2.2M | $4.3M | 50x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 162.29 | +0.061% | $393 | $1.8M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 162.39 | +0.123% | $17K | $16K | 20x | as long as short |
| QFEX GLW-USD | +0.0044% | 1h | 162.31 | +0.073% | $1.1M | $2.1M | 10x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 162.35 | +0.098% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 162.28 | +0.055% | $305K | $109K | 10x | as long as short |
| KuCoin GLWUSDTMshort | +0.0100% | 8h | 162.29 | +0.061% | $327K | $938K | 20x |
Aster GLWUSDT
Bybit GLWUSDT
Gate GLW_USDT
SunX GLW-USDT
HTX GLW-USDT
QFEX GLW-USD
Vest GLW-USD-PERP
Ondo Perps GLW-USD.PShow 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 | 162.29 | +0.061% | $2K | $2K | 10x | as long as short |
| GRVT GLW_USDT_Perp | +0.0204% | 8h | 162.48 | +0.177% | $200 | $177K | 10x | as long as short |
| OKX GLW-USDT-SWAP | +0.0262% | 8h | 162.43 | +0.147% | $2.3M | $4.4M | 20x | as long as short |
| Bitget GLWUSDT | +0.0303% | 8h | 162.35 | +0.098% | $2.2M | $839K | 20x | as long as short |
| Extended GLW-USD | +0.0408% | 1h | 162.32 | +0.081% | $2K | $1K | 10x | as long as short |
| Binance GLWUSDT | +0.0410% | 8h | 162.38 | +0.118% | $10.7M | $21.9M | 20x | as long as short |
| BloFin GLW-USDT | +0.0443% | 8h | 162.31 | +0.073% | $110K | $36K | 20x | as long as short |
Orderly PERP_GLW_USDC_mythos
GRVT GLW_USDT_Perp
OKX GLW-USDT-SWAP
Bitget GLWUSDT
Extended GLW-USD
Binance GLWUSDT
BloFin GLW-USDT