Funding you earn now, next payment 08:00 UTC+0.0443%/8h= +48.5% APRnext payment +$4.43 per $10,000 · paid last 24h +0.065%
Price spread now: BloFin against Gate+0.049%93s7-day average +0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as 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−$550.554% of the position
Funding, last 7 days+0.204%+$20 on $10k
+Price spread, last 4 days (all we have)−0.109%−$11 · spread now +0.049%, 7d avg +0.061%
=The price spread sits at its 7-day average of +0.061%, so right now this pair is about funding alone: +$13 a day on $10k at the current rate. The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.204% in total (about 10.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.43 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 | 162.23 | 0 | get 0.0000% / 8h | 5h 01m | $2.2M | $4.3M | 50x |
| Short | BloFin GLW-USDT | 162.31 | 0.0443 | get 0.0443% / 8h | 5h 01m | $110K | $36K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $92.96
- Price spread: +0.049% → +0.061%
- −$1.15
- Slippage, 4 orders
- −$28.36
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $36.45
- Costs to cover
- 0.554%
- Break-even
- 4.3 days
Slippage from Gate: live order book, 2 min ago; BloFin: live order book, 35 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 | 4.93 bp | 13.7 bp −$14 | 190.9 bp −$1,909 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 35 min ago | 1.54 bp | 11.5 bp −$11 | 24.1 bp −$241 | 80.6 bp −$8,062 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:GLW | −0.0662% | 1h | 162.19 | −0.022% | $322K | $37K | 10x | as long as short |
| Aster GLWUSDT | 0.0000% | 8h | 162.54 | +0.194% | $41K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 162.29 | +0.037% | $932K | $199K | 25x | as long as short |
| Gate GLW_USDTlong | 0.0000% | 8h | 162.23 | long leg | $2.2M | $4.3M | 50x | |
| SunX GLW-USDT | 0.0000% | 8h | 162.29 | +0.037% | $393 | $1.8M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 162.39 | +0.099% | $17K | $16K | 20x | as long as short |
| QFEX GLW-USD | +0.0044% | 1h | 162.31 | +0.049% | $1.1M | $2.1M | 10x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 162.35 | +0.074% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 162.28 | +0.031% | $303K | $109K | 10x | as long as short |
| KuCoin GLWUSDTM | +0.0100% | 8h | 162.34 | +0.068% | $327K | $938K | 20x | as long as short |
Show 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 | 162.29 | +0.037% | $2K | $2K | 10x | as long as short |
| GRVT GLW_USDT_Perp | +0.0204% | 8h | 162.48 | +0.153% | $200 | $177K | 10x | as long as short |
| OKX GLW-USDT-SWAP | +0.0262% | 8h | 162.43 | +0.123% | $2.3M | $4.4M | 20x | as long as short |
| Bitget GLWUSDT | +0.0301% | 8h | 162.35 | +0.074% | $2.2M | $839K | 20x | as long as short |
| Extended GLW-USD | +0.0408% | 1h | 162.34 | +0.066% | $2K | $1K | 10x | as long as short |
| Binance GLWUSDT | +0.0409% | 8h | 162.40 | +0.105% | $10.7M | $21.9M | 20x | as long as short |
| BloFin GLW-USDTshort | +0.0443% | 8h | 162.31 | +0.049% | $110K | $36K | 20x |
Gate GLW_USDT
BloFin GLW-USDT
Paragon para:GLW
Aster GLWUSDT
Bybit GLWUSDT
SunX GLW-USDT
HTX GLW-USDT
KuCoin GLWUSDTM
GRVT GLW_USDT_Perp
OKX GLW-USDT-SWAP
Bitget GLWUSDT
Extended GLW-USD
Binance GLWUSDT