Funding you earn now, next payment 01:00 UTC−0.0496%/8h= −54.4% APRpaid last 24h −0.107%
Price spread now: Ondo Perps against Binance+0.099%7-day average −0.115% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.089%−$9 on $10k
+Price spread, last 2 days (all we have)−0.212%−$21 · spread now +0.099%, 7d avg −0.115%
=Together, before fees−0.300%+ Points / potential airdropOndo Perps: Active · farm board−$30 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.214% dearer against Binance than usual: you sell high and buy low (spread +0.099% now, against its 7-day average of −0.115%): +$21 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 34 hours. At the pace of the last 7 days (−0.089% in total) that is about 17 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.089% in total (about -4.6% 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 | Binance GLWUSDT | 161.59 | 0.0547 | pay 0.0547% / 8h | 7h 23m | $10.8M | $21.5M | 20x |
| Short | Ondo Perps GLW-USD.P | 161.75 | 0.0050 | get 0.0006% / 1h | 23m 16s | $303K | $109K | 10x |
Binance GLWUSDT
Ondo Perps GLW-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps 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
- −$104.26
- Price spread: +0.099% → −0.115%
- $21.35
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$97.91
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Binance: live order book, 3 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 Binance live order book, 3 min ago | 0.93 bp | 15.0 bp −$15 | 39.1 bp −$391 | 116.0 bp −$11.6K | 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 | 161.73 | +0.085% | $41K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 161.53 | −0.037% | $932K | $194K | 25x | as long as short |
| Gate GLW_USDT | 0.0000% | 8h | 161.38 | −0.130% | $2.2M | $4.3M | 50x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 161.34 | −0.155% | $676 | $1.9M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 161.48 | −0.068% | $17K | $16K | 20x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 161.60 | +0.006% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.Pshort | +0.0050% | 1h | 161.75 | +0.099% | $303K | $109K | 10x | |
| QFEX GLW-USD | +0.0052% | 1h | 161.49 | −0.062% | $1.1M | $2.3M | 10x | as long as short |
| Paragon para:GLW | +0.0060% | 1h | 161.53 | −0.035% | $331K | $33K | 10x | as long as short |
| KuCoin GLWUSDTM | +0.0100% | 8h | 161.55 | −0.025% | $326K | $997K | 20x | as long as short |
Aster GLWUSDT
Bybit GLWUSDT
Gate GLW_USDT
SunX GLW-USDT
HTX GLW-USDT
Vest GLW-USD-PERP
QFEX GLW-USD
Paragon para:GLW
KuCoin GLWUSDTMShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT GLW_USDT_Perp | +0.0100% | 8h | 161.89 | +0.186% | $847 | $169K | 10x | as long as short |
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 161.61 | +0.012% | $2K | $2K | 10x | as long as short |
| OKX GLW-USDT-SWAP | +0.0241% | 8h | 161.48 | −0.068% | $2.3M | $4.4M | 20x | as long as short |
| Bitget GLWUSDT | +0.0333% | 8h | 161.49 | −0.062% | $2.2M | $804K | 20x | as long as short |
| Extended GLW-USD | +0.0544% | 1h | 161.55 | −0.022% | $2K | $2K | 10x | as long as short |
| Binance GLWUSDTlong | +0.0547% | 8h | 161.59 | long leg | $10.8M | $21.5M | 20x | |
| BloFin GLW-USDT | +0.0560% | 8h | 161.51 | −0.050% | $150K | $35K | 20x | as long as short |
GRVT GLW_USDT_Perp
Orderly PERP_GLW_USDC_mythos
OKX GLW-USDT-SWAP
Bitget GLWUSDT
Extended GLW-USD
BloFin GLW-USDT