Funding you earn now, next payment 08:00 UTC−0.0041%/8h= −4.4% APRnext payment −$0.41 per $10,000 · paid last 24h +0.054%
Price spread now: OKX against Bitget+0.049%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$570.568% of the position
Funding, last 7 days−0.054%−$5 on $10k
+Price spread, last 7 days−0.077%−$8 · spread now +0.049%, 7d avg +0.004%
=The price spread pays, funding is against you. OKX is 0.045% dearer against Bitget than usual: you sell high and buy low (spread +0.049% now, against its 7-day average of +0.004%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget GLWUSDT | 162.35 | 0.0303 | pay 0.0303% / 8h | 5h 02m | $2.2M | $839K | 20x |
| Short | OKX GLW-USDT-SWAP | 162.43 | 0.0262 | get 0.0262% / 8h | 5h 02m | $2.3M | $4.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$8.52
- Price spread: +0.049% → +0.004%
- $4.54
- Slippage, 4 orders
- −$34.77
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$60.74
- Costs to cover
- 0.568%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; OKX: live order book, 5 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 | 2.46 bp | 11.5 bp −$11 | 39.1 bp −$391 | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 1.85 bp | 10.3 bp −$10 | 24.7 bp −$247 | 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 | −0.0664% | 1h | 162.19 | −0.098% | $322K | $37K | 10x | as long as short |
| Aster GLWUSDT | 0.0000% | 8h | 162.49 | +0.089% | $41K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 162.31 | −0.025% | $932K | $199K | 25x | as long as short |
| Gate GLW_USDT | 0.0000% | 8h | 162.24 | −0.068% | $2.2M | $4.3M | 50x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 162.31 | −0.025% | $393 | $1.8M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 162.42 | +0.043% | $17K | $16K | 20x | as long as short |
| QFEX GLW-USD | +0.0044% | 1h | 162.31 | −0.025% | $1.1M | $2.1M | 10x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 162.35 | 0.000% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 162.28 | −0.043% | $305K | $109K | 10x | as long as short |
| KuCoin GLWUSDTM | +0.0100% | 8h | 162.28 | −0.043% | $327K | $938K | 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 | 162.35 | 0.000% | $2K | $2K | 10x | as long as short |
| GRVT GLW_USDT_Perp | +0.0204% | 8h | 162.48 | +0.079% | $200 | $177K | 10x | as long as short |
| OKX GLW-USDT-SWAPshort | +0.0262% | 8h | 162.43 | +0.049% | $2.3M | $4.4M | 20x | |
| Bitget GLWUSDTlong | +0.0303% | 8h | 162.35 | long leg | $2.2M | $839K | 20x | |
| Binance GLWUSDT | +0.0410% | 8h | 162.36 | +0.005% | $10.7M | $21.9M | 20x | as long as short |
| Extended GLW-USD | +0.0416% | 1h | 162.30 | −0.031% | $2K | $1K | 10x | as long as short |
| BloFin GLW-USDT | +0.0443% | 8h | 162.31 | −0.025% | $110K | $36K | 20x | as long as short |
Bitget GLWUSDT
OKX GLW-USDT-SWAP
Paragon para:GLW
Aster GLWUSDT
Bybit GLWUSDT
Gate GLW_USDT
SunX GLW-USDT
HTX GLW-USDT
KuCoin GLWUSDTM
GRVT GLW_USDT_Perp
Binance GLWUSDT
Extended GLW-USD
BloFin GLW-USDT