Funding you earn now, next payment 08:00 UTC+0.0644%/8h= +70.6% APRpaid last 24h −0.034%
Price spread now: Ondo Perps against Gate−0.083%7-day average −0.039% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.114%+$11 on $10k
+Price spread, last 4 days (all we have)+0.080%+$8 · spread now −0.083%, 7d avg −0.039%
=Together, before fees+0.194%+ Points / potential airdropOndo Perps: Active · farm board+$19 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.044% cheaper against Gate than usual: you would sell low and buy high (spread −0.083% now, against its 7-day average of −0.039%). If the spread goes back, that is −$4 on $10k: about 5 hours of funding at the current rate (+$19 a day). At the pace of the last 7 days (+0.114% in total) that is about 2.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.114% in total (about 6.0% a year). A funding rate is set anew for every payment. 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 | 157.57 | −0.0594 | get 0.0594% / 8h | 8m 43s | $2.2M | $4.4M | 50x |
| Short | Ondo Perps GLW-USD.P | 157.44 | 0.0050 | get 0.0006% / 1h | 8m 43s | $280K | $124K | 10x |
Gate GLW_USDT
Ondo Perps GLW-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps 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
- $135.32
- Price spread: −0.083% → −0.039%
- −$4.39
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- $110.94
- Costs to cover
- 0.200%
- Break-even
- 1.3 days
Slippage unknown: Gate: live order book, 5 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 Gate live order book, 5 min ago | 5.08 bp | 17.4 bp −$17 | 222.3 bp −$2,223 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget GLWUSDT | −0.0891% | 8h | 157.65 | +0.051% | $2.2M | $953K | 20x | as long as short |
| Gate GLW_USDTlong | −0.0594% | 8h | 157.57 | long leg | $2.2M | $4.4M | 50x | |
| Aster GLWUSDT | 0.0000% | 8h | 157.71 | +0.090% | $40K | $1K | 20x | as long as short |
| Extended GLW-USD | 0.0000% | 1h | 157.54 | −0.017% | $2K | $1K | 10x | as long as short |
| Binance GLWUSDT | 0.0000% | 8h | 157.58 | +0.006% | $10.4M | $24.6M | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 157.55 | −0.013% | $898K | $232K | 25x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 157.42 | −0.095% | $1K | $1.7M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 157.68 | +0.070% | $16K | $15K | 20x | as long as short |
| BloFin GLW-USDT | +0.0026% | 8h | 157.65 | +0.051% | $149K | $40K | 20x | as long as short |
| GRVT GLW_USDT_Perp | +0.0033% | 8h | 157.60 | +0.021% | $290 | $217K | 10x | as long as short |
Bitget GLWUSDT
Aster GLWUSDT
Extended GLW-USD
Binance GLWUSDT
Bybit GLWUSDT
SunX GLW-USDT
HTX GLW-USDT
BloFin GLW-USDT
GRVT GLW_USDT_PerpShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX GLW-USD | +0.0042% | 1h | 157.59 | +0.013% | $1.1M | $1.7M | 10x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 157.58 | +0.006% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.Pshort | +0.0050% | 1h | 157.44 | −0.083% | $280K | $124K | 10x | |
| Paragon para:GLW | +0.0059% | 1h | 157.53 | −0.027% | $307K | $41K | 10x | as long as short |
| KuCoin GLWUSDTM | +0.0100% | 8h | 157.40 | −0.108% | $314K | $851K | 20x | as long as short |
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 157.57 | 0.000% | $2K | $2K | 10x | as long as short |
| OKX GLW-USDT-SWAP | +0.0114% | 8h | 157.71 | +0.089% | $2.2M | $4.7M | 20x | as long as short |
QFEX GLW-USD
Vest GLW-USD-PERP
Paragon para:GLW
KuCoin GLWUSDTM
Orderly PERP_GLW_USDC_mythos
OKX GLW-USDT-SWAP