Funding you earn now, next payment 08:00 UTC−0.0733%/8h= −80.3% APRnext payment −$7.33 per $10,000 · paid last 24h −0.031%
Price spread now: Bitget against Gate+0.076%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$940.944% of the position
Funding, last 7 days+0.081%+$8 on $10k
+Price spread, last 7 days−0.020%−$2 · spread now +0.076%, 7d avg +0.040%
=The price spread pays, funding is against you. Bitget is 0.036% dearer against Gate than usual: you sell high and buy low (spread +0.076% now, against its 7-day average of +0.040%): +$4 on $10k if it goes back. Holding the pair costs −$22 a day in funding at the current rate, which eats that in about 4 hours. Mind the row above: over the last 7 days funding on this pair paid +0.081%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.081% in total (about 4.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$7.33 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 | 157.43 | −0.0439 | get 0.0439% / 8h | 1h 01m | $2.2M | $4.4M | 50x |
| Short | Bitget GLWUSDT | 157.55 | −0.1172 | pay 0.1172% / 8h | 1h 01m | $2.1M | $920K | 20x |
Gate GLW_USDT
Bitget GLWUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$153.93
- Price spread: +0.076% → +0.040%
- $3.64
- Slippage, 4 orders
- −$67.4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$244.69
- Costs to cover
- 0.944%
- Break-even
- never at this rate
Slippage from Gate: live order book, 2 min ago; Bitget: live order book, 1 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, 2 min ago | 7.95 bp | 20.9 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 4.12 bp | 23.6 bp −$24 | 48.6 bp −$486 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget GLWUSDTshort | −0.1172% | 8h | 157.55 | +0.076% | $2.1M | $920K | 20x | |
| Gate GLW_USDTlong | −0.0439% | 8h | 157.43 | long leg | $2.2M | $4.4M | 50x | |
| BloFin GLW-USDT | 0.0000% | 8h | 157.52 | +0.057% | $148K | $39K | 20x | as long as short |
| Aster GLWUSDT | 0.0000% | 8h | 157.60 | +0.107% | $40K | $1K | 20x | as long as short |
| Extended GLW-USD | 0.0000% | 1h | 157.51 | +0.048% | $2K | $1K | 10x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 157.49 | +0.038% | $900K | $234K | 25x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 157.43 | 0.000% | $1K | $1.7M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 157.57 | +0.089% | $16K | $15K | 20x | as long as short |
| Binance GLWUSDT | +0.0004% | 8h | 157.55 | +0.076% | $10.4M | $24.5M | 20x | as long as short |
| GRVT GLW_USDT_Perp | +0.0032% | 8h | 157.54 | +0.068% | $786 | $214K | 10x | as long as short |
BloFin GLW-USDT
Aster GLWUSDT
Extended GLW-USD
Bybit GLWUSDT
SunX GLW-USDT
HTX GLW-USDT
Binance GLWUSDT
GRVT GLW_USDT_PerpShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest GLW-USD-PERP | +0.0046% | 1h | 157.43 | 0.000% | — | — | 10x | as long as short |
| Paragon para:GLW | +0.0046% | 1h | 157.29 | −0.088% | $306K | $41K | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 157.31 | −0.076% | $279K | $124K | 10x | as long as short |
| QFEX GLW-USD | +0.0060% | 1h | 157.49 | +0.038% | $1.1M | $1.7M | 10x | as long as short |
| KuCoin GLWUSDTM | +0.0100% | 8h | 157.17 | −0.165% | $315K | $874K | 20x | as long as short |
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 157.48 | +0.032% | $2K | $2K | 10x | as long as short |
| OKX GLW-USDT-SWAP | +0.0106% | 8h | 157.57 | +0.089% | $2.2M | $4.7M | 20x | as long as short |
Vest GLW-USD-PERP
Paragon para:GLW
Ondo Perps GLW-USD.P
QFEX GLW-USD
KuCoin GLWUSDTM
Orderly PERP_GLW_USDC_mythos
OKX GLW-USDT-SWAP