Funding you earn now, next payment 05:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.01 per $10,000 · paid last 24h +0.038%
Price spread now: Ondo Perps against Paragon−0.049%7-day average −0.021% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.092%+$9 on $10k
+Price spread, last 4 days (all we have)+0.276%+$28 · spread now −0.049%, 7d avg −0.021%
=Together, before fees+0.368%+ Points / potential airdropOndo Perps: Active · farm board+$37 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Ondo Perps is 0.028% cheaper against Paragon than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.021%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.092%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paragon para:GLW | 159.39 | 0.0060 | pay 0.0008% / 1h | 19m 01s | $310K | $41K | 10x |
| Short | Ondo Perps GLW-USD.P | 159.31 | 0.0050 | get 0.0006% / 1h | 19m 01s | $290K | $117K | 10x |
Paragon para:GLW
Ondo Perps GLW-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps 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
- −$2.02
- Price spread: −0.049% → −0.021%
- −$2.82
- Slippage, 4 orders
- no order book: not counted
- Fee Paragon: 5 bp × 2 orders
- −$10
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$19.83
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Paragon: live order book, 66 min ago; Ondo Perps: no order-book sample. 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 Paragon live order book, 66 min ago | 14.51 bp | 22.7 bp −$23 | 82.6 bp −$826 | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster GLWUSDT | 0.0000% | 8h | 159.51 | +0.078% | $41K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 159.34 | −0.030% | $915K | $202K | 25x | as long as short |
| Gate GLW_USDT | 0.0000% | 8h | 159.22 | −0.105% | $2.2M | $4.2M | 50x | as long as short |
| Bitget GLWUSDT | 0.0000% | 8h | 159.34 | −0.030% | $2.1M | $867K | 20x | as long as short |
| GRVT GLW_USDT_Perp | 0.0000% | 8h | 159.55 | +0.101% | $185 | $197K | 10x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 159.38 | −0.005% | $1K | $1.8M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 159.38 | −0.005% | $16K | $16K | 20x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 159.38 | −0.005% | — | — | 10x | as long as short |
| QFEX GLW-USD | +0.0050% | 1h | 159.33 | −0.036% | $1.1M | $1.8M | 10x | as long as short |
| Ondo Perps GLW-USD.Pshort | +0.0050% | 1h | 159.31 | −0.049% | $290K | $117K | 10x |
Aster GLWUSDT
Bybit GLWUSDT
Gate GLW_USDT
Bitget GLWUSDT
GRVT GLW_USDT_Perp
SunX GLW-USDT
HTX GLW-USDT
Vest GLW-USD-PERP
QFEX GLW-USDShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:GLWlong | +0.0060% | 1h | 159.39 | long leg | $310K | $41K | 10x | |
| KuCoin GLWUSDTM | +0.0100% | 8h | 159.40 | +0.008% | $321K | $923K | 20x | as long as short |
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 159.34 | −0.030% | $2K | $2K | 10x | as long as short |
| OKX GLW-USDT-SWAP | +0.0126% | 8h | 159.32 | −0.043% | $2.2M | $4.4M | 20x | as long as short |
| Extended GLW-USD | +0.0160% | 1h | 159.23 | −0.101% | $2K | $1K | 10x | as long as short |
| Binance GLWUSDT | +0.0164% | 8h | 159.38 | −0.005% | $10.4M | $22.3M | 20x | as long as short |
| BloFin GLW-USDT | +0.0170% | 8h | 159.58 | +0.121% | $150K | $36K | 20x | as long as short |
KuCoin GLWUSDTM
Orderly PERP_GLW_USDC_mythos
OKX GLW-USDT-SWAP
Extended GLW-USD
Binance GLWUSDT
BloFin GLW-USDT