Funding you earn now, next payment 08:00 UTC−0.0231%/8h= −25.3% APRnext payment −$2.31 per $10,000 · paid last 24h +0.011%
Price spread now: KuCoin against Bitget−0.012%7-day average −0.089% · you buy dearer than you sell
Net, funding: paid 7d − costs−$838as in the Funding arb table
Net, price: spread back to 7d avg − costs−$839as in the Price arb table
costs, in and out, $10k−$8468.462% of the position
Funding, last 7 days+0.081%+$8 on $10k
+Price spread, last 4 days (all we have)−0.029%−$3 · spread now −0.012%, 7d avg −0.089%
=The price spread pays, funding is against you. KuCoin is 0.077% dearer against Bitget than usual: you sell high and buy low (spread −0.012% now, against its 7-day average of −0.089%): +$8 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 27 hours. Mind the row above: over the last 7 days funding on this pair paid +0.081%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.081% in total (about 4.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.31 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 | 161.58 | 0.0331 | pay 0.0331% / 8h | 7h 21m | $2.2M | $804K | 20x |
| Short | KuCoin GLWUSDTM | 161.56 | 0.0100 | get 0.0100% / 8h | 7h 21m | $325K | $996K | 20x |
Bitget GLWUSDT
KuCoin GLWUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$48.51
- Price spread: −0.012% → −0.089%
- $7.69
- Slippage, 4 orders
- −$822.19
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$887.01
- Costs to cover
- 8.462%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; KuCoin: live order book, 7 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 | 4.63 bp | 16.5 bp −$16 | 29.0 bp −$290 | 136.4 bp −$13.6K | doesn't fit |
| Sell KuCoin live order book, 7 min ago | 3.72 bp | 351.5 bp −$352 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster GLWUSDT | 0.0000% | 8h | 161.76 | +0.111% | $41K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 161.56 | −0.012% | $932K | $194K | 25x | as long as short |
| Gate GLW_USDT | 0.0000% | 8h | 161.44 | −0.087% | $2.2M | $4.3M | 50x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 161.49 | −0.056% | $677 | $1.9M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 161.48 | −0.062% | $17K | $16K | 20x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 161.60 | +0.012% | — | — | 10x | as long as short |
| Paragon para:GLW | +0.0049% | 1h | 161.52 | −0.036% | $331K | $33K | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 161.75 | +0.105% | $303K | $109K | 10x | as long as short |
| QFEX GLW-USD | +0.0052% | 1h | 161.56 | −0.012% | $1.2M | $2.3M | 10x | as long as short |
| KuCoin GLWUSDTMshort | +0.0100% | 8h | 161.56 | −0.012% | $325K | $996K | 20x |
Aster GLWUSDT
Bybit GLWUSDT
Gate GLW_USDT
SunX GLW-USDT
HTX GLW-USDT
Vest GLW-USD-PERP
Paragon para:GLW
Ondo Perps GLW-USD.P
QFEX GLW-USDShow 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 | +0.192% | $847 | $169K | 10x | as long as short |
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 161.61 | +0.019% | $2K | $2K | 10x | as long as short |
| OKX GLW-USDT-SWAP | +0.0239% | 8h | 161.71 | +0.080% | $2.3M | $4.4M | 20x | as long as short |
| Bitget GLWUSDTlong | +0.0331% | 8h | 161.58 | long leg | $2.2M | $804K | 20x | |
| Binance GLWUSDT | +0.0543% | 8h | 161.64 | +0.037% | $10.8M | $21.5M | 20x | as long as short |
| Extended GLW-USD | +0.0544% | 1h | 161.60 | +0.014% | $2K | $2K | 10x | as long as short |
| BloFin GLW-USDT | +0.0560% | 8h | 161.51 | −0.043% | $150K | $35K | 20x | as long as short |
GRVT GLW_USDT_Perp
Orderly PERP_GLW_USDC_mythos
OKX GLW-USDT-SWAP
Binance GLWUSDT
Extended GLW-USD
BloFin GLW-USDT