Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Bybit−0.037%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$826as in the Funding arb table
Net, price: spread back to 7d avg − costs−$855as in the Price arb table
costs, in and out, $10k−$8558.552% of the position
Funding, last 7 days+0.287%+$29 on $10k
+Price spread, last 4 days (all we have)+0.139%+$14 · spread now −0.037%, 7d avg −0.040%
=The price spread sits at its 7-day average of −0.040%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit GLWUSDT | 160.07 | 0 | get 0.0000% / 8h | 3h 39m | $918K | $200K | 25x |
| Short | KuCoin GLWUSDTM | 160.01 | 0.0100 | get 0.0100% / 8h | 3h 39m | $322K | $929K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21
- Price spread: −0.037% → −0.040%
- $0.22
- Slippage, 4 orders
- −$832.16
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$833.93
- Costs to cover
- 8.552%
- Break-even
- 285.0 days
Slippage from Bybit: live order book, 11 min ago; KuCoin: 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, 11 min ago | 2.17 bp | 18.8 bp −$19 | 187.3 bp −$1,873 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 2.49 bp | 356.7 bp −$357 | doesn't fit | 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 | 160.26 | +0.119% | $41K | $1K | 20x | as long as short |
| Bybit GLWUSDTlong | 0.0000% | 8h | 160.07 | long leg | $918K | $200K | 25x | |
| Gate GLW_USDT | 0.0000% | 8h | 160.05 | −0.012% | $2.2M | $4.2M | 50x | as long as short |
| Bitget GLWUSDT | 0.0000% | 8h | 160.12 | +0.031% | $2.2M | $856K | 20x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 159.96 | −0.069% | $1K | $1.8M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 160.57 | +0.312% | $16K | $16K | 20x | as long as short |
| Paragon para:GLW | +0.0011% | 1h | 160.42 | +0.219% | $312K | $40K | 10x | as long as short |
| GRVT GLW_USDT_Perp | +0.0025% | 8h | 160.61 | +0.340% | $344 | $192K | 10x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 160.12 | +0.031% | — | — | 10x | as long as short |
| QFEX GLW-USD | +0.0050% | 1h | 160.43 | +0.225% | $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 | +0.294% | $300K | $108K | 10x | as long as short |
| KuCoin GLWUSDTMshort | +0.0100% | 8h | 160.01 | −0.037% | $322K | $929K | 20x | |
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 160.00 | −0.044% | $2K | $2K | 10x | as long as short |
| OKX GLW-USDT-SWAP | +0.0171% | 8h | 160.20 | +0.081% | $2.2M | $4.4M | 20x | as long as short |
| Extended GLW-USD | +0.0216% | 1h | 159.99 | −0.051% | $2K | $1K | 10x | as long as short |
| Binance GLWUSDT | +0.0220% | 8h | 160.11 | +0.023% | $10.5M | $22.0M | 20x | as long as short |
| BloFin GLW-USDT | +0.0245% | 8h | 160.59 | +0.325% | $152K | $36K | 20x | as long as short |
Bybit GLWUSDT
KuCoin GLWUSDTM
Aster GLWUSDT
Gate GLW_USDT
Bitget GLWUSDT
SunX GLW-USDT
HTX GLW-USDT
Paragon para:GLW
GRVT GLW_USDT_Perp
OKX GLW-USDT-SWAP
Extended GLW-USD
Binance GLWUSDT
BloFin GLW-USDT