Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.092%
Price spread now: KuCoin against Binance−0.134%7-day average −0.102% · you buy dearer than you sell
Net, funding: paid 7d − costs−$740as in the Funding arb table
Net, price: spread back to 7d avg − costs−$739as in the Price arb table
costs, in and out, $10k−$7367.360% of the position
Funding, last 7 days−0.040%−$4 on $10k
+Price spread, last 4 days (all we have)+0.088%+$9 · spread now −0.134%, 7d avg −0.102%
=Funding pays, the price is against you. KuCoin is 0.032% cheaper against Binance than usual: you would sell low and buy high (spread −0.134% now, against its 7-day average of −0.102%). If the spread goes back, that is −$3 on $10k: about 26 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GLWUSDT | 157.75 | 0 | get 0.0000% / 8h | 32m 53s | $10.4M | $24.6M | 20x |
| Short | KuCoin GLWUSDTM | 157.54 | 0.0100 | get 0.0100% / 8h | 32m 53s | $315K | $865K | 20x |
Binance GLWUSDT
KuCoin GLWUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21
- Price spread: −0.134% → −0.102%
- −$3.22
- Slippage, 4 orders
- −$713.98
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$718.2
- Costs to cover
- 7.360%
- Break-even
- 246.4 days
Slippage from Binance: live order book, 8 min ago; KuCoin: live order book, 61 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, 8 min ago | 1.26 bp | 11.1 bp −$11 | 37.2 bp −$372 | 163.1 bp −$16.3K | doesn't fit |
| Sell KuCoin live order book, 61 min ago | 1.60 bp | 439.9 bp −$440 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget GLWUSDT | −0.0968% | 8h | 157.77 | +0.012% | $2.1M | $944K | 20x | as long as short |
| Gate GLW_USDT | −0.0531% | 8h | 157.64 | −0.070% | $2.2M | $4.4M | 50x | as long as short |
| Aster GLWUSDT | 0.0000% | 8h | 158.37 | +0.395% | $40K | $1K | 20x | as long as short |
| Extended GLW-USD | 0.0000% | 1h | 157.67 | −0.053% | $2K | $1K | 10x | as long as short |
| Binance GLWUSDTlong | 0.0000% | 8h | 157.75 | long leg | $10.4M | $24.6M | 20x | |
| Bybit GLWUSDT | 0.0000% | 8h | 157.72 | −0.020% | $899K | $239K | 25x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 157.64 | −0.070% | $928 | $1.7M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 157.89 | +0.088% | $16K | $15K | 20x | as long as short |
| BloFin GLW-USDT | +0.0013% | 8h | 157.81 | +0.037% | $149K | $40K | 20x | as long as short |
| Paragon para:GLW | +0.0028% | 1h | 157.65 | −0.062% | $307K | $41K | 10x | as long as short |
Bitget GLWUSDT
Gate GLW_USDT
Aster GLWUSDT
Extended GLW-USD
Bybit GLWUSDT
SunX GLW-USDT
HTX GLW-USDT
BloFin GLW-USDT
Paragon para:GLWShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT GLW_USDT_Perp | +0.0035% | 8h | 157.81 | +0.036% | $453 | $215K | 10x | as long as short |
| QFEX GLW-USD | +0.0042% | 1h | 157.75 | −0.001% | $1.1M | $1.7M | 10x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 157.71 | −0.026% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 157.76 | +0.006% | $279K | $124K | 10x | as long as short |
| KuCoin GLWUSDTMshort | +0.0100% | 8h | 157.54 | −0.134% | $315K | $865K | 20x | |
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 157.73 | −0.013% | $2K | $2K | 10x | as long as short |
| OKX GLW-USDT-SWAP | +0.0103% | 8h | 157.77 | +0.012% | $2.2M | $4.8M | 20x | as long as short |
GRVT GLW_USDT_Perp
QFEX GLW-USD
Vest GLW-USD-PERP
Ondo Perps GLW-USD.P
Orderly PERP_GLW_USDC_mythos
OKX GLW-USDT-SWAP