Funding you earn now, next payment 08:00 UTC+0.0063%/8h= +6.9% APRpaid last 24h +0.096%
Price spread now: OKX against Paragon+0.243%7-day average +0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$770.772% of the position
Funding, last 7 days+0.005%+$1 on $10k
+Price spread, last 4 days (all we have)−0.124%−$12 · spread now +0.243%, 7d avg +0.071%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and OKX is 0.172% dearer against Paragon than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of +0.071%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paragon para:GLW | 157.17 | 0.0049 | pay 0.0006% / 1h | 49m 28s | $306K | $41K | 10x |
| Short | OKX GLW-USDT-SWAP | 157.55 | 0.0112 | get 0.0112% / 8h | 49m 28s | $2.2M | $4.7M | 20x |
Paragon para:GLW
OKX GLW-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $13.17
- Price spread: +0.243% → +0.071%
- $17.21
- Slippage, 4 orders
- −$57.17
- Fee Paragon: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$46.79
- Costs to cover
- 0.772%
- Break-even
- 31.9 days
Slippage from Paragon: live order book, 6 min ago; OKX: live order book, 3 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, 6 min ago | 15.31 bp | 21.1 bp −$21 | 56.5 bp −$565 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 2.22 bp | 15.1 bp −$15 | 33.8 bp −$338 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget GLWUSDT | −0.1155% | 8h | 157.46 | +0.186% | $2.2M | $930K | 20x | as long as short |
| Gate GLW_USDT | −0.0482% | 8h | 157.36 | +0.122% | $2.2M | $4.4M | 50x | as long as short |
| Aster GLWUSDT | 0.0000% | 8h | 157.61 | +0.279% | $40K | $1K | 20x | as long as short |
| Extended GLW-USD | 0.0000% | 1h | 157.43 | +0.166% | $2K | $1K | 10x | as long as short |
| Binance GLWUSDT | 0.0000% | 8h | 157.51 | +0.218% | $10.4M | $24.5M | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 157.36 | +0.122% | $900K | $236K | 25x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 157.10 | −0.043% | $911 | $1.7M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 157.25 | +0.052% | $16K | $15K | 20x | as long as short |
| BloFin GLW-USDT | +0.0004% | 8h | 157.21 | +0.027% | $149K | $39K | 20x | as long as short |
| GRVT GLW_USDT_Perp | +0.0037% | 8h | 157.22 | +0.033% | $472 | $215K | 10x | as long as short |
Bitget GLWUSDT
Gate GLW_USDT
Aster GLWUSDT
Extended GLW-USD
Binance GLWUSDT
Bybit GLWUSDT
SunX GLW-USDT
HTX GLW-USDT
BloFin GLW-USDT
GRVT GLW_USDT_PerpShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX GLW-USD | +0.0042% | 1h | 157.39 | +0.142% | $1.1M | $1.7M | 10x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 157.28 | +0.072% | — | — | 10x | as long as short |
| Paragon para:GLWlong | +0.0049% | 1h | 157.17 | long leg | $306K | $41K | 10x | |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 156.93 | −0.151% | $279K | $123K | 10x | as long as short |
| KuCoin GLWUSDTM | +0.0100% | 8h | 157.00 | −0.107% | $315K | $870K | 20x | as long as short |
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 157.39 | +0.142% | $2K | $2K | 10x | as long as short |
| OKX GLW-USDT-SWAPshort | +0.0112% | 8h | 157.55 | +0.243% | $2.2M | $4.7M | 20x |
QFEX GLW-USD
Vest GLW-USD-PERP
Ondo Perps GLW-USD.P
KuCoin GLWUSDTM
Orderly PERP_GLW_USDC_mythos