Funding you earn now, next payment 02:00 UTC−0.0332%/8h= −36.4% APRpaid last 24h −0.026%
Price spread now: Paragon against Bitget+0.031%7-day average −0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$840.843% of the position
Funding, last 7 days−0.041%−$4 on $10k
+Price spread, last 4 days (all we have)−0.151%−$15 · spread now +0.031%, 7d avg −0.063%
=The price spread pays, funding is against you. Paragon is 0.094% dearer against Bitget than usual: you sell high and buy low (spread +0.031% now, against its 7-day average of −0.063%): +$9 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 23 hours. At the pace of the last 7 days (−0.041% in total) that is about 16 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.041% in total (about -2.2% 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 | Bitget GLWUSDT | 161.73 | 0.0392 | pay 0.0392% / 8h | 6h 58m | $2.2M | $806K | 20x |
| Short | Paragon para:GLW | 161.78 | 0.0060 | get 0.0008% / 1h | 58m 28s | $321K | $38K | 10x |
Bitget GLWUSDT
Paragon para:GLWFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paragon 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
- −$69.72
- Price spread: +0.031% → −0.063%
- $9.37
- Slippage, 4 orders
- −$62.34
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Paragon: 5 bp × 2 orders
- −$10
- Net
- −$144.69
- Costs to cover
- 0.843%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; Paragon: live order book, 57 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, 4 min ago | 2.78 bp | 16.8 bp −$17 | 38.1 bp −$381 | doesn't fit | doesn't fit |
| Sell Paragon live order book, 57 min ago | 18.30 bp | 23.3 bp −$23 | 37.9 bp −$379 | 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 | 161.93 | +0.126% | $41K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 161.72 | −0.006% | $932K | $194K | 25x | as long as short |
| Gate GLW_USDT | 0.0000% | 8h | 161.60 | −0.080% | $2.2M | $4.2M | 50x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 162.14 | +0.254% | $1K | $1.9M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 161.93 | +0.124% | $17K | $16K | 20x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 161.87 | +0.087% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 161.70 | −0.019% | $302K | $109K | 10x | as long as short |
| QFEX GLW-USD | +0.0052% | 1h | 161.73 | 0.000% | $1.1M | $2.2M | 10x | as long as short |
| Paragon para:GLWshort | +0.0060% | 1h | 161.78 | +0.031% | $321K | $38K | 10x | |
| KuCoin GLWUSDTM | +0.0100% | 8h | 161.80 | +0.043% | $326K | $986K | 20x | as long as short |
Aster GLWUSDT
Bybit GLWUSDT
Gate GLW_USDT
SunX GLW-USDT
HTX GLW-USDT
Vest GLW-USD-PERP
Ondo Perps GLW-USD.P
QFEX GLW-USD
KuCoin GLWUSDTMShow 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 | 161.71 | −0.012% | $2K | $2K | 10x | as long as short |
| OKX GLW-USDT-SWAP | +0.0219% | 8h | 161.72 | −0.006% | $2.3M | $4.4M | 20x | as long as short |
| GRVT GLW_USDT_Perp | +0.0319% | 8h | 161.99 | +0.161% | $776 | $169K | 10x | as long as short |
| Bitget GLWUSDTlong | +0.0392% | 8h | 161.73 | long leg | $2.2M | $806K | 20x | |
| Binance GLWUSDT | +0.0550% | 8h | 161.74 | +0.006% | $10.8M | $21.6M | 20x | as long as short |
| BloFin GLW-USDT | +0.0551% | 8h | 161.93 | +0.124% | $151K | $36K | 20x | as long as short |
| Extended GLW-USD | +0.0552% | 1h | 161.71 | −0.012% | $2K | $2K | 10x | as long as short |
Orderly PERP_GLW_USDC_mythos
OKX GLW-USDT-SWAP
GRVT GLW_USDT_Perp
Binance GLWUSDT
BloFin GLW-USDT
Extended GLW-USD