Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: Ondo Perps against Bybit+0.012%47s7-day average −0.039% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.238%+$24 on $10k
+Price spread, last 4 days (all we have)+0.171%+$17 · spread now +0.012%, 7d avg −0.039%
=Together, before fees+0.410%+ Points / potential airdropOndo Perps: Active · farm board+$41 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Ondo Perps is 0.051% dearer against Bybit than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.039%. The two prices were read 47 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 | 160.52 | 0 | get 0.0000% / 8h | 3h 40m | $921K | $200K | 25x |
| Short | Ondo Perps GLW-USD.P | 160.54 | 0.0050 | get 0.0006% / 1h | 40m 50s | $300K | $108K | 10x |
Bybit GLWUSDT
Ondo Perps GLW-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps 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
- $10.58
- Price spread: +0.012% → −0.039%
- $5.12
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$0.3
- Costs to cover
- 0.160%
- Break-even
- 7.2 days
Slippage unknown: Bybit: live order book, 9 min ago; Ondo Perps: no order-book sample. Net counts fees only.
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 Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 160.70 | +0.114% | $41K | $1K | 20x | as long as short |
| Bybit GLWUSDTlong | 0.0000% | 8h | 160.52 | long leg | $921K | $200K | 25x | |
| Gate GLW_USDT | 0.0000% | 8h | 160.44 | −0.050% | $2.2M | $4.2M | 50x | as long as short |
| Bitget GLWUSDT | 0.0000% | 8h | 160.48 | −0.025% | $2.1M | $851K | 20x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 160.76 | +0.150% | $1K | $1.8M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 160.91 | +0.243% | $16K | $16K | 20x | as long as short |
| Paragon para:GLW | +0.0019% | 1h | 160.65 | +0.084% | $313K | $40K | 10x | as long as short |
| GRVT GLW_USDT_Perp | +0.0042% | 8h | 161.01 | +0.305% | $742 | $192K | 10x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 160.57 | +0.031% | — | — | 10x | as long as short |
| QFEX GLW-USD | +0.0050% | 1h | 160.62 | +0.062% | $1.1M | $1.9M | 10x | as long as short |
Aster GLWUSDT
Gate GLW_USDT
Bitget GLWUSDT
SunX GLW-USDT
HTX GLW-USDT
Paragon para:GLW
GRVT GLW_USDT_Perp
Vest GLW-USD-PERP
QFEX GLW-USDShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps GLW-USD.Pshort | +0.0050% | 1h | 160.54 | +0.012% | $300K | $108K | 10x | |
| KuCoin GLWUSDTM | +0.0100% | 8h | 160.53 | +0.006% | $324K | $929K | 20x | as long as short |
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 160.55 | +0.019% | $2K | $2K | 10x | as long as short |
| OKX GLW-USDT-SWAP | +0.0179% | 8h | 160.57 | +0.031% | $2.3M | $4.4M | 20x | as long as short |
| Extended GLW-USD | +0.0224% | 1h | 160.52 | −0.003% | $2K | $1K | 10x | as long as short |
| BloFin GLW-USDT | +0.0225% | 8h | 160.57 | +0.031% | $152K | $36K | 20x | as long as short |
| Binance GLWUSDT | +0.0225% | 8h | 160.55 | +0.019% | $10.5M | $21.9M | 20x | as long as short |
KuCoin GLWUSDTM
Orderly PERP_GLW_USDC_mythos
OKX GLW-USDT-SWAP
Extended GLW-USD
BloFin GLW-USDT
Binance GLWUSDT