Funding you earn now, next payment 08:00 UTC−0.1345%/8h= −147.2% APRnext payment −$13.45 per $10,000 · paid last 24h −0.103%
Price spread now: Bitget against Binance+0.096%7-day average −0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$700.697% of the position
Funding, last 7 days−0.121%−$12 on $10k
+Price spread, last 7 days−0.111%−$11 · spread now +0.096%, 7d avg −0.027%
=The price spread pays, funding is against you. Bitget is 0.122% dearer against Binance than usual: you sell high and buy low (spread +0.096% now, against its 7-day average of −0.027%): +$12 on $10k if it goes back. Holding the pair costs −$40 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 7 days (−0.121% in total) that is about 7.0 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.121% in total (about -6.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$13.45 per $10,000. 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 | Binance GLWUSDT | 157.00 | 0.0021 | pay 0.0021% / 8h | 1h 28m | $10.4M | $24.4M | 20x |
| Short | Bitget GLWUSDT | 157.15 | −0.1324 | pay 0.1324% / 8h | 1h 28m | $2.1M | $908K | 20x |
Binance GLWUSDT
Bitget GLWUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. 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
- −$282.37
- Price spread: +0.096% → −0.027%
- $12.21
- Slippage, 4 orders
- −$47.75
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$339.9
- Costs to cover
- 0.697%
- Break-even
- never at this rate
Slippage from Binance: live order book, 13 min ago; Bitget: live order book, 4 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 Binance live order book, 13 min ago | 1.28 bp | 11.3 bp −$11 | 34.7 bp −$347 | 167.6 bp −$16.8K | doesn't fit |
| Sell Bitget live order book, 4 min ago | 5.74 bp | 21.2 bp −$21 | 45.8 bp −$458 | 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 GLWUSDTshort | −0.1324% | 8h | 157.15 | +0.096% | $2.1M | $908K | 20x | |
| Gate GLW_USDT | −0.0330% | 8h | 156.91 | −0.057% | $2.2M | $4.4M | 50x | as long as short |
| Aster GLWUSDT | 0.0000% | 8h | 157.03 | +0.019% | $40K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 156.96 | −0.025% | $906K | $229K | 25x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 156.86 | −0.089% | $808 | $1.7M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 157.07 | +0.045% | $16K | $16K | 20x | as long as short |
| Paragon para:GLW | +0.0012% | 1h | 156.85 | −0.094% | $306K | $41K | 10x | as long as short |
| GRVT GLW_USDT_Perp | +0.0016% | 8h | 156.78 | −0.140% | $270 | $213K | 10x | as long as short |
| Binance GLWUSDTlong | +0.0021% | 8h | 157.00 | long leg | $10.4M | $24.4M | 20x | |
| Extended GLW-USD | +0.0024% | 1h | 157.03 | +0.020% | $2K | $1K | 10x | as long as short |
Gate GLW_USDT
Aster GLWUSDT
Bybit GLWUSDT
SunX GLW-USDT
HTX GLW-USDT
Paragon para:GLW
GRVT GLW_USDT_Perp
Extended GLW-USDShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin GLW-USDT | +0.0030% | 8h | 157.05 | +0.032% | $148K | $38K | 20x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 156.88 | −0.076% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 156.55 | −0.287% | $277K | $129K | 10x | as long as short |
| QFEX GLW-USD | +0.0060% | 1h | 157.01 | +0.006% | $1.1M | $1.7M | 10x | as long as short |
| KuCoin GLWUSDTM | +0.0100% | 8h | 156.79 | −0.134% | $315K | $886K | 20x | as long as short |
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 157.02 | +0.013% | $2K | $2K | 10x | as long as short |
| OKX GLW-USDT-SWAP | +0.0102% | 8h | 157.20 | +0.127% | $2.2M | $4.7M | 20x | as long as short |
BloFin GLW-USDT
Vest GLW-USD-PERP
Ondo Perps GLW-USD.P
QFEX GLW-USD
KuCoin GLWUSDTM
Orderly PERP_GLW_USDC_mythos
OKX GLW-USDT-SWAP