GLW

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0217%/8h= +23.8% APRnext payment +$2.17 per $10,000 · paid last 24h +0.115%

Price spread now: BloFin against Bybit+0.156%102s7-day average +0.057% · you sell dearer than you buy

Net, funding: paid 7d − costs−$46as 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−$780.785% of the position

Long on Bybit Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.328%+$33 on $10k

Price spread, last 4 days (all we have)−0.138%−$14 · spread now +0.156%, 7d avg +0.057%

Together, before fees+0.190%+$19 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.098% dearer against Bybit than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.057%. The two prices were read 102 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	Bybit GLWUSDT	160.62	0	get 0.0000% / 8h	3h 41m	$921K	$200K	25x
Short	BloFin GLW-USDT	160.87	0.0217	get 0.0217% / 8h	3h 41m	$152K	$36K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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 BybitbpFee BloFinbpOrdersPrice spread, now +0.156%Rate

Funding earned: $45.67
Price spread: +0.156% → +0.057%: $9.85
Slippage, 4 orders: −$55.47
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$22.95
Costs to cover: 0.785%
Break-even: 10.5 days

Slippage from Bybit: live order book, 9 min ago; BloFin: live order book, 48 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, 9 min ago	2.17 bp	18.8 bp −$19	187.3 bp −$1,873	doesn't fit	doesn't fit
Sell BloFin live order book, 48 min ago	0.31 bp	10.8 bp −$11	28.2 bp −$282	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	160.79	+0.107%	$41K	$1K	20x	as long as short
Bybit GLWUSDTlong	0.0000%	8h	160.62	long leg	$921K	$200K	25x
Gate GLW_USDT	0.0000%	8h	160.60	−0.012%	$2.2M	$4.2M	50x	as long as short
Bitget GLWUSDT	0.0000%	8h	160.77	+0.093%	$2.2M	$851K	20x	as long as short
SunX GLW-USDT	0.0000%	8h	160.85	+0.143%	$1K	$1.8M	10x	as long as short
HTX GLW-USDT	0.0000%	8h	160.91	+0.181%	$16K	$16K	20x	as long as short
Paragon para:GLW	+0.0019%	1h	160.65	+0.021%	$313K	$40K	10x	as long as short
GRVT GLW_USDT_Perp	+0.0042%	8h	161.01	+0.243%	$742	$192K	10x	as long as short
Vest GLW-USD-PERP	+0.0046%	1h	160.76	+0.087%	—	—	10x	as long as short
QFEX GLW-USD	+0.0050%	1h	160.62	0.000%	$1.1M	$1.9M	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps GLW-USD.P	+0.0050%	1h	160.54	−0.050%	$300K	$108K	10x	as long as short
KuCoin GLWUSDTM	+0.0100%	8h	160.67	+0.031%	$323K	$929K	20x	as long as short
Orderly PERP_GLW_USDC_mythos	+0.0100%	8h	160.68	+0.037%	$2K	$2K	10x	as long as short
OKX GLW-USDT-SWAP	+0.0181%	8h	160.78	+0.100%	$2.3M	$4.4M	20x	as long as short
BloFin GLW-USDTshort	+0.0217%	8h	160.87	+0.156%	$152K	$36K	20x
Binance GLWUSDT	+0.0225%	8h	160.67	+0.030%	$10.5M	$21.9M	20x	as long as short
Extended GLW-USD	+0.0232%	1h	160.66	+0.024%	$2K	$1K	10x	as long as short