Funding you earn now, next payment 08:00 UTC−0.0206%/8h= −22.6% APRnext payment −$2.06 per $10,000 · paid last 24h −0.065%
Price spread now: Gate against BloFin+0.306%48s7-day average −0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$83as 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−$630.628% of the position
Funding, last 7 days−0.204%−$20 on $10k
+Price spread, last 4 days (all we have)−0.319%−$32 · spread now +0.306%, 7d avg −0.063%
=The price spread pays, funding is against you. Gate is 0.369% dearer against BloFin than usual: you sell high and buy low (spread +0.306% now, against its 7-day average of −0.063%): +$37 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 6.0 days. At the pace of the last 7 days (−0.204% in total) that is about 13 days. The two prices were read 48 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 | 156.96 | 0.0079 | pay 0.0079% / 8h | 2h 24m | $147K | $37K | 20x |
| Short | Gate GLW_USDT | 157.44 | −0.0127 | pay 0.0127% / 8h | 2h 24m | $2.2M | $4.3M | 50x |
BloFin GLW-USDT
Gate GLW_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BloFin. 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
- −$43.3
- Price spread: +0.306% → −0.063%
- $36.91
- Slippage, 4 orders
- −$35.85
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$69.23
- Costs to cover
- 0.628%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 55 min ago; Gate: 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, 55 min ago | 1.25 bp | 11.6 bp −$12 | 28.0 bp −$280 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 10.53 bp | 20.1 bp −$20 | 236.1 bp −$2,361 | 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 GLWUSDT | −0.0930% | 8h | 157.45 | +0.312% | $2.1M | $869K | 20x | as long as short |
| Gate GLW_USDTshort | −0.0127% | 8h | 157.44 | +0.306% | $2.2M | $4.3M | 50x | |
| Aster GLWUSDT | 0.0000% | 8h | 157.33 | +0.236% | $40K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 157.21 | +0.159% | $905K | $220K | 25x | as long as short |
| GRVT GLW_USDT_Perp | 0.0000% | 8h | 157.39 | +0.274% | $545 | $204K | 10x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 157.12 | +0.102% | $1K | $1.7M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 157.13 | +0.108% | $16K | $16K | 20x | as long as short |
| QFEX GLW-USD | +0.0032% | 1h | 157.24 | +0.178% | $1.2M | $1.8M | 10x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 157.08 | +0.076% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 156.96 | 0.000% | $285K | $116K | 10x | as long as short |
Bitget GLWUSDT
Aster GLWUSDT
Bybit GLWUSDT
GRVT GLW_USDT_Perp
SunX GLW-USDT
HTX GLW-USDT
QFEX GLW-USD
Vest GLW-USD-PERP
Ondo Perps GLW-USD.PShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:GLW | +0.0060% | 1h | 157.01 | +0.031% | $306K | $41K | 10x | as long as short |
| Binance GLWUSDT | +0.0069% | 8h | 157.28 | +0.206% | $10.2M | $23.0M | 20x | as long as short |
| Extended GLW-USD | +0.0072% | 1h | 157.25 | +0.184% | $2K | $1K | 10x | as long as short |
| BloFin GLW-USDTlong | +0.0079% | 8h | 156.96 | long leg | $147K | $37K | 20x | |
| OKX GLW-USDT-SWAP | +0.0087% | 8h | 157.50 | +0.344% | $2.2M | $4.7M | 20x | as long as short |
| KuCoin GLWUSDTM | +0.0100% | 8h | 157.15 | +0.121% | $317K | $906K | 20x | as long as short |
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 157.09 | +0.083% | $2K | $2K | 10x | as long as short |
Paragon para:GLW
Binance GLWUSDT
Extended GLW-USD
OKX GLW-USDT-SWAP
KuCoin GLWUSDTM
Orderly PERP_GLW_USDC_mythos