Funding you earn now, next payment 00:00 UTC−0.0586%/8h= −64.2% APRnext payment −$5.86 per $10,000 · paid last 24h −0.098%
Price spread now: SunX against Binance+0.094%7-day average −0.074% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.194%−$19 on $10k
+Price spread, last 2 days (all we have)−0.177%−$18 · spread now +0.094%, 7d avg −0.074%
=The price spread pays, funding is against you. SunX is 0.167% dearer against Binance than usual: you sell high and buy low (spread +0.094% now, against its 7-day average of −0.074%): +$17 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 23 hours. At the pace of the last 7 days (−0.194% in total) that is about 6.0 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.194% in total (about -10.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.86 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 | 161.16 | 0.0586 | pay 0.0586% / 8h | 13m 40s | $11.0M | $21.2M | 20x |
| Short | SunX GLW-USDT | 161.31 | 0 | get 0.0000% / 8h | 13m 40s | $918 | $2.0M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$123.07
- Price spread: +0.094% → −0.074%
- $16.75
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$124.32
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 12 min ago; SunX: live order book, 2 min ago. 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, 12 min ago | 1.24 bp | 11.7 bp −$12 | 25.9 bp −$259 | 105.7 bp −$10.6K | doesn't fit |
| Sell SunX live order book, 2 min ago | 500.45 bp | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:GLW | −0.0022% | 1h | 161.19 | +0.017% | $321K | $29K | 10x | as long as short |
| Aster GLWUSDT | 0.0000% | 8h | 161.46 | +0.184% | $41K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 161.26 | +0.063% | $923K | $196K | 25x | as long as short |
| Gate GLW_USDT | 0.0000% | 8h | 161.04 | −0.074% | $2.2M | $4.2M | 50x | as long as short |
| SunX GLW-USDTshort | 0.0000% | 8h | 161.31 | +0.094% | $918 | $2.0M | 10x | |
| Vest GLW-USD-PERP | +0.0046% | 1h | 161.29 | +0.081% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 160.99 | −0.105% | $301K | $106K | 10x | as long as short |
| QFEX GLW-USD | +0.0065% | 1h | 161.19 | +0.019% | $1.1M | $2.2M | 10x | as long as short |
| HTX GLW-USDT | +0.0100% | 8h | 161.44 | +0.174% | $17K | $16K | 20x | as long as short |
| KuCoin GLWUSDTM | +0.0100% | 8h | 161.26 | +0.063% | $323K | $999K | 20x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 161.17 | +0.007% | $2K | $2K | 10x | as long as short |
| Bitget GLWUSDT | +0.0197% | 8h | 161.14 | −0.012% | $2.2M | $935K | 20x | as long as short |
| OKX GLW-USDT-SWAP | +0.0265% | 8h | 161.16 | +0.001% | $2.3M | $4.5M | 20x | as long as short |
| BloFin GLW-USDT | +0.0568% | 8h | 161.49 | +0.205% | $151K | $35K | 20x | as long as short |
| Extended GLW-USD | +0.0584% | 1h | 161.12 | −0.023% | $2K | $2K | 10x | as long as short |
| Binance GLWUSDTlong | +0.0586% | 8h | 161.16 | long leg | $11.0M | $21.2M | 20x | |
| GRVT GLW_USDT_Perp | +0.0630% | 8h | 161.34 | +0.111% | $97 | $174K | 10x | as long as short |
Binance GLWUSDT
SunX GLW-USDT
Paragon para:GLW
Aster GLWUSDT
Bybit GLWUSDT
Gate GLW_USDT
HTX GLW-USDT
KuCoin GLWUSDTM
Bitget GLWUSDT
OKX GLW-USDT-SWAP
BloFin GLW-USDT
Extended GLW-USD
GRVT GLW_USDT_Perp