Funding you earn now, next payment 08:00 UTC+0.0394%/8h= +43.1% APRnext payment +$3.94 per $10,000 · paid last 24h +0.019%
Price spread now: Bitget against Bybit−0.012%7-day average +0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$880.879% of the position
Funding, last 7 days+0.206%+$21 on $10k
+Price spread, last 4 days (all we have)+0.091%+$9 · spread now −0.012%, 7d avg +0.045%
=Funding pays, the price is against you. Bitget is 0.058% cheaper against Bybit than usual: you would sell low and buy high (spread −0.012% now, against its 7-day average of +0.045%). If the spread goes back, that is −$6 on $10k: about 12 hours of funding at the current rate (+$12 a day). At the pace of the last 7 days (+0.206% in total) that is about 47 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.206% in total (about 10.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.94 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 | Bybit GLWUSDT | 161.87 | 0 | get 0.0000% / 8h | 7h 02m | $933K | $194K | 25x |
| Short | Bitget GLWUSDT | 161.85 | 0.0394 | get 0.0394% / 8h | 7h 02m | $2.2M | $806K | 20x |
Bybit GLWUSDT
Bitget GLWUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Bybit. 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
- $82.74
- Price spread: −0.012% → +0.045%
- −$5.76
- Slippage, 4 orders
- −$64.9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$10.93
- Costs to cover
- 0.879%
- Break-even
- 7.9 days
Slippage from Bybit: live order book, 3 min ago; Bitget: 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 Bybit live order book, 3 min ago | 2.78 bp | 18.3 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 4.63 bp | 12.8 bp −$13 | 38.7 bp −$387 | 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 | 162.11 | +0.151% | $41K | $1K | 20x | as long as short |
| Bybit GLWUSDTlong | 0.0000% | 8h | 161.87 | long leg | $933K | $194K | 25x | |
| Gate GLW_USDT | 0.0000% | 8h | 161.77 | −0.062% | $2.2M | $4.3M | 50x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 162.14 | +0.167% | $1K | $1.9M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 162.20 | +0.204% | $17K | $16K | 20x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 162.04 | +0.105% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 161.95 | +0.049% | $303K | $109K | 10x | as long as short |
| QFEX GLW-USD | +0.0052% | 1h | 161.87 | 0.000% | $1.2M | $2.3M | 10x | as long as short |
| Paragon para:GLW | +0.0060% | 1h | 161.87 | +0.002% | $322K | $38K | 10x | as long as short |
| KuCoin GLWUSDTM | +0.0100% | 8h | 161.98 | +0.068% | $326K | $987K | 20x | as long as short |
Aster GLWUSDT
Gate GLW_USDT
SunX GLW-USDT
HTX GLW-USDT
Vest GLW-USD-PERP
Ondo Perps GLW-USD.P
QFEX GLW-USD
Paragon para:GLW
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 | 161.95 | +0.049% | $2K | $2K | 10x | as long as short |
| OKX GLW-USDT-SWAP | +0.0224% | 8h | 162.05 | +0.111% | $2.3M | $4.4M | 20x | as long as short |
| GRVT GLW_USDT_Perp | +0.0289% | 8h | 162.16 | +0.179% | $101 | $168K | 10x | as long as short |
| Bitget GLWUSDTshort | +0.0394% | 8h | 161.85 | −0.012% | $2.2M | $806K | 20x | |
| Extended GLW-USD | +0.0552% | 1h | 161.87 | +0.002% | $2K | $2K | 10x | as long as short |
| Binance GLWUSDT | +0.0553% | 8h | 161.90 | +0.019% | $10.8M | $21.6M | 20x | as long as short |
| BloFin GLW-USDT | +0.0561% | 8h | 161.97 | +0.062% | $151K | $36K | 20x | as long as short |
Orderly PERP_GLW_USDC_mythos
OKX GLW-USDT-SWAP
GRVT GLW_USDT_Perp
Extended GLW-USD
Binance GLWUSDT
BloFin GLW-USDT