GLW

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0170%/8h= −18.6% APRnext payment −$1.70 per $10,000 · paid last 24h −0.096%

Price spread now: Bitget against BloFin−0.169%95s7-day average −0.014% · you buy dearer than you sell

Net, funding: paid 7d − costs−$65as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$530.528% of the position

Long on BloFin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.123%−$12 on $10k

Price spread, last 4 days (all we have)+0.160%+$16 · spread now −0.169%, 7d avg −0.014%

Together, before fees+0.038%+$4 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Bitget is 0.155% cheaper against BloFin than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.014%). Swap the legs. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin GLW-USDT	159.58	0.0170	pay 0.0170% / 8h	3h 17m	$150K	$36K	20x
Short	Bitget GLWUSDT	159.31	0	get 0.0000% / 8h	3h 17m	$2.1M	$869K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee BitgetbpOrdersPrice spread, now −0.169%Rate

Funding earned: −$35.76
Price spread: −0.169% → −0.014%: −$15.52
Slippage, 4 orders: −$28.8
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$104.07
Costs to cover: 0.528%
Break-even: never at this rate

Slippage from BloFin: live order book, 2 min ago; Bitget: live order book, 4 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 BloFin live order book, 2 min ago	1.25 bp	11.6 bp −$12	28.0 bp −$280	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	4.70 bp	16.4 bp −$16	51.5 bp −$515	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	159.47	−0.072%	$41K	$1K	20x	as long as short
Bybit GLWUSDT	0.0000%	8h	159.31	−0.169%	$914K	$202K	25x	as long as short
Gate GLW_USDT	0.0000%	8h	159.30	−0.175%	$2.2M	$4.2M	50x	as long as short
Bitget GLWUSDTshort	0.0000%	8h	159.31	−0.169%	$2.1M	$869K	20x
GRVT GLW_USDT_Perp	0.0000%	8h	159.55	−0.020%	$185	$197K	10x	as long as short
SunX GLW-USDT	0.0000%	8h	159.13	−0.282%	$1K	$1.8M	10x	as long as short
HTX GLW-USDT	0.0000%	8h	159.38	−0.125%	$16K	$16K	20x	as long as short
Vest GLW-USD-PERP	+0.0046%	1h	159.20	−0.238%	—	—	10x	as long as short
QFEX GLW-USD	+0.0050%	1h	159.39	−0.119%	$1.1M	$1.8M	10x	as long as short
Ondo Perps GLW-USD.P	+0.0050%	1h	159.16	−0.263%	$290K	$118K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paragon para:GLW	+0.0057%	1h	159.15	−0.268%	$310K	$41K	10x	as long as short
KuCoin GLWUSDTM	+0.0100%	8h	159.27	−0.194%	$320K	$922K	20x	as long as short
Orderly PERP_GLW_USDC_mythos	+0.0100%	8h	159.20	−0.238%	$2K	$2K	10x	as long as short
OKX GLW-USDT-SWAP	+0.0122%	8h	159.48	−0.063%	$2.2M	$4.4M	20x	as long as short
Binance GLWUSDT	+0.0158%	8h	159.48	−0.063%	$10.4M	$22.4M	20x	as long as short
Extended GLW-USD	+0.0160%	1h	159.30	−0.175%	$2K	$1K	10x	as long as short
BloFin GLW-USDTlong	+0.0170%	8h	159.58	long leg	$150K	$36K	20x