Funding you earn now, next payment 16:00 UTC+0.0543%/8h= +59.5% APRnext payment +$5.43 per $10,000 · paid last 24h +0.092%
Price spread now: KuCoin against Gate−0.026%7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$803as in the Funding arb table
Net, price: spread back to 7d avg − costs−$823as in the Price arb table
costs, in and out, $10k−$8248.243% of the position
Funding, last 7 days+0.217%+$22 on $10k
+Price spread, last 4 days (all we have)+0.118%+$12 · spread now −0.026%, 7d avg −0.041%
=The price spread sits at its 7-day average of −0.041%, so right now this pair is about funding alone: +$16 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.217% in total (about 11.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.43 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 | 156.53 | −0.0443 | get 0.0443% / 8h | 7h 20m | $2.2M | $4.5M | 50x |
| Short | KuCoin GLWUSDTM | 156.49 | 0.0100 | get 0.0100% / 8h | 7h 20m | $317K | $846K | 20x |
Gate GLW_USDT
KuCoin GLWUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $114.03
- Price spread: −0.026% → −0.041%
- $1.51
- Slippage, 4 orders
- −$797.26
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$708.72
- Costs to cover
- 8.243%
- Break-even
- 50.5 days
Slippage from Gate: live order book, 3 min ago; KuCoin: live order book, 64 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, 3 min ago | 8.33 bp | 17.9 bp −$18 | 157.8 bp −$1,578 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 64 min ago | 1.91 bp | 332.6 bp −$333 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget GLWUSDT | −0.0823% | 8h | 156.65 | +0.077% | $2.1M | $1.1M | 20x | as long as short |
| GRVT GLW_USDT_Perp | −0.0589% | 8h | 156.03 | −0.316% | $629 | $219K | 10x | as long as short |
| Gate GLW_USDTlong | −0.0443% | 8h | 156.53 | long leg | $2.2M | $4.5M | 50x | |
| Aster GLWUSDT | 0.0000% | 8h | 156.71 | +0.114% | $64K | $53K | 20x | as long as short |
| Extended GLW-USD | 0.0000% | 1h | 156.66 | +0.084% | $2K | $1K | 10x | as long as short |
| Binance GLWUSDT | 0.0000% | 8h | 156.66 | +0.085% | $10.3M | $26.2M | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 156.56 | +0.019% | $891K | $245K | 25x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 156.48 | −0.032% | $1K | $1.7M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 156.24 | −0.185% | $16K | $22K | 20x | as long as short |
| OKX GLW-USDT-SWAP | +0.0014% | 8h | 156.77 | +0.153% | $2.1M | $4.9M | 20x | as long as short |
Bitget GLWUSDT
GRVT GLW_USDT_Perp
Aster GLWUSDT
Extended GLW-USD
Binance GLWUSDT
Bybit GLWUSDT
SunX GLW-USDT
HTX GLW-USDT
OKX GLW-USDT-SWAPShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin GLW-USDT | +0.0014% | 8h | 156.75 | +0.141% | $149K | $40K | 20x | as long as short |
| Vest GLW-USD-PERP | +0.0044% | 1h | 156.48 | −0.032% | — | — | 10x | as long as short |
| QFEX GLW-USD | +0.0047% | 1h | 156.56 | +0.019% | $1.1M | $1.7M | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 156.68 | +0.096% | $276K | $105K | 10x | as long as short |
| Paragon para:GLW | +0.0060% | 1h | 156.43 | −0.063% | $305K | $41K | 10x | as long as short |
| KuCoin GLWUSDTMshort | +0.0100% | 8h | 156.49 | −0.026% | $317K | $846K | 20x | |
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 156.66 | +0.083% | $2K | $3K | 10x | as long as short |
BloFin GLW-USDT
Vest GLW-USD-PERP
QFEX GLW-USD
Ondo Perps GLW-USD.P
Paragon para:GLW
Orderly PERP_GLW_USDC_mythos