Funding you earn now, next payment 08:00 UTC+0.0579%/8h= +63.4% APRnext payment +$5.79 per $10,000 · paid last 24h +0.072%
Price spread now: Binance against Gate+0.139%7-day average +0.085% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$790.791% of the position
Funding, last 7 days+0.202%+$20 on $10k
+Price spread, last 2 days (all we have)−0.077%−$8 · spread now +0.139%, 7d avg +0.085%
=Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Binance is 0.054% dearer against Gate than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.085%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.202% in total (about 10.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.79 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 | Gate GLW_USDT | 161.51 | 0 | get 0.0000% / 8h | 7h 52m | $2.2M | $4.2M | 50x |
| Short | Binance GLWUSDT | 161.74 | 0.0579 | get 0.0579% / 8h | 7h 52m | $11.0M | $21.2M | 20x |
Gate GLW_USDT
Binance GLWUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $121.62
- Price spread: +0.139% → +0.085%
- $5.44
- Slippage, 4 orders
- −$54.13
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $47.93
- Costs to cover
- 0.791%
- Break-even
- 4.2 days
Slippage from Gate: live order book, 6 min ago; Binance: 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 Gate live order book, 6 min ago | 12.09 bp | 21.8 bp −$22 | 252.0 bp −$2,520 | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 1.24 bp | 9.4 bp −$9 | 35.1 bp −$351 | 160.7 bp −$16.1K | 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 | 161.84 | +0.201% | $41K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 161.68 | +0.105% | $936K | $194K | 25x | as long as short |
| Gate GLW_USDTlong | 0.0000% | 8h | 161.51 | long leg | $2.2M | $4.2M | 50x | |
| SunX GLW-USDT | 0.0000% | 8h | 161.63 | +0.074% | $968 | $1.9M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 161.57 | +0.037% | $17K | $16K | 20x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 161.68 | +0.105% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 161.59 | +0.050% | $301K | $109K | 10x | as long as short |
| QFEX GLW-USD | +0.0052% | 1h | 161.64 | +0.080% | $1.1M | $2.3M | 10x | as long as short |
| Paragon para:GLW | +0.0060% | 1h | 161.60 | +0.056% | $321K | $30K | 10x | as long as short |
| KuCoin GLWUSDTM | +0.0100% | 8h | 161.67 | +0.099% | $326K | $1.0M | 20x | as long as short |
Aster GLWUSDT
Bybit GLWUSDT
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 | 161.74 | +0.142% | $2K | $2K | 10x | as long as short |
| GRVT GLW_USDT_Perp | +0.0209% | 8h | 161.51 | 0.000% | $102 | $172K | 10x | as long as short |
| Bitget GLWUSDT | +0.0236% | 8h | 161.59 | +0.050% | $2.2M | $812K | 20x | as long as short |
| OKX GLW-USDT-SWAP | +0.0253% | 8h | 161.80 | +0.180% | $2.3M | $4.4M | 20x | as long as short |
| Extended GLW-USD | +0.0576% | 1h | 161.70 | +0.117% | $2K | $2K | 10x | as long as short |
| Binance GLWUSDTshort | +0.0579% | 8h | 161.74 | +0.139% | $11.0M | $21.2M | 20x | |
| BloFin GLW-USDT | +0.0582% | 8h | 161.69 | +0.111% | $150K | $36K | 20x | as long as short |
Orderly PERP_GLW_USDC_mythos
GRVT GLW_USDT_Perp
Bitget GLWUSDT
OKX GLW-USDT-SWAP
Extended GLW-USD
BloFin GLW-USDT