Funding you earn now, next payment 08:00 UTC+0.0902%/8h= +98.8% APRnext payment +$9.02 per $10,000 · paid last 24h −0.019%
Price spread now: Bybit against Bitget−0.032%7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$158as in the Funding arb table
Net, price: spread back to 7d avg − costs−$137as in the Price arb table
costs, in and out, $10k−$1381.379% of the position
Funding, last 7 days−0.206%−$21 on $10k
+Price spread, last 4 days (all we have)−0.036%−$4 · spread now −0.032%, 7d avg −0.045%
=The price spread sits at its 7-day average of −0.045%, so right now this pair is about funding alone: +$27 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.206%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.206% in total (about -10.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$9.02 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 | Bitget GLWUSDT | 157.72 | −0.0902 | get 0.0902% / 8h | 12m 11s | $2.2M | $954K | 20x |
| Short | Bybit GLWUSDT | 157.67 | 0 | get 0.0000% / 8h | 12m 11s | $899K | $239K | 25x |
Bitget GLWUSDT
Bybit GLWUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Bitget. 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
- $189.42
- Price spread: −0.032% → −0.045%
- $1.35
- Slippage, 4 orders
- −$114.85
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $52.92
- Costs to cover
- 1.379%
- Break-even
- 5.0 days
Slippage from Bitget: live order book, 5 min ago; Bybit: live order book, 23 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 Bitget live order book, 5 min ago | 6.34 bp | 28.7 bp −$29 | 33.5 bp −$335 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 23 min ago | 4.12 bp | 55.9 bp −$56 | 202.8 bp −$2,028 | 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 GLWUSDTlong | −0.0902% | 8h | 157.72 | long leg | $2.2M | $954K | 20x | |
| Gate GLW_USDT | −0.0587% | 8h | 157.55 | −0.108% | $2.2M | $4.4M | 50x | as long as short |
| Aster GLWUSDT | 0.0000% | 8h | 157.82 | +0.062% | $40K | $1K | 20x | as long as short |
| Extended GLW-USD | 0.0000% | 1h | 157.62 | −0.062% | $2K | $1K | 10x | as long as short |
| Binance GLWUSDT | 0.0000% | 8h | 157.66 | −0.038% | $10.4M | $24.6M | 20x | as long as short |
| Bybit GLWUSDTshort | 0.0000% | 8h | 157.67 | −0.032% | $899K | $239K | 25x | |
| SunX GLW-USDT | 0.0000% | 8h | 157.42 | −0.190% | $1K | $1.7M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 157.68 | −0.025% | $16K | $15K | 20x | as long as short |
| BloFin GLW-USDT | +0.0015% | 8h | 157.72 | 0.000% | $149K | $40K | 20x | as long as short |
| GRVT GLW_USDT_Perp | +0.0037% | 8h | 157.64 | −0.052% | $13 | $216K | 10x | as long as short |
Gate GLW_USDT
Aster GLWUSDT
Extended GLW-USD
Binance GLWUSDT
SunX GLW-USDT
HTX GLW-USDT
BloFin GLW-USDT
GRVT GLW_USDT_PerpShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX GLW-USD | +0.0042% | 1h | 157.68 | −0.025% | $1.1M | $1.7M | 10x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 157.62 | −0.063% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 157.76 | +0.025% | $279K | $125K | 10x | as long as short |
| Paragon para:GLW | +0.0060% | 1h | 157.58 | −0.087% | $307K | $41K | 10x | as long as short |
| KuCoin GLWUSDTM | +0.0100% | 8h | 157.48 | −0.152% | $315K | $852K | 20x | as long as short |
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 157.67 | −0.032% | $2K | $2K | 10x | as long as short |
| OKX GLW-USDT-SWAP | +0.0112% | 8h | 157.72 | 0.000% | $2.2M | $4.7M | 20x | as long as short |
QFEX GLW-USD
Vest GLW-USD-PERP
Ondo Perps GLW-USD.P
Paragon para:GLW
KuCoin GLWUSDTM
Orderly PERP_GLW_USDC_mythos
OKX GLW-USDT-SWAP