Funding you earn now, next payment 08:00 UTC+0.0451%/8h= +49.4% APRnext payment +$4.51 per $10,000 · paid last 24h +0.090%
Price spread now: BloFin against KuCoin+0.056%7-day average +0.105% · you sell dearer than you buy
Net, funding: paid 7d − costs−$904as in the Funding arb table
Net, price: spread back to 7d avg − costs−$913as in the Price arb table
costs, in and out, $10k−$9089.078% of the position
Funding, last 7 days+0.042%+$4 on $10k
+Price spread, last 3 days (all we have)+0.015%+$1 · spread now +0.056%, 7d avg +0.105%
=Funding pays, the price is against you. BloFin is 0.049% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.056% now, against its 7-day average of +0.105%). If the spread goes back, that is −$5 on $10k: about 9 hours of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.042% in total) that is about 8.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.042% in total (about 2.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.51 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 | KuCoin GLWUSDTM | 161.84 | 0.0100 | pay 0.0100% / 8h | 6h 58m | $326K | $987K | 20x |
| Short | BloFin GLW-USDT | 161.93 | 0.0551 | get 0.0551% / 8h | 6h 58m | $151K | $36K | 20x |
KuCoin GLWUSDTM
BloFin GLW-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against KuCoin. 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
- $94.66
- Price spread: +0.056% → +0.105%
- −$4.91
- Slippage, 4 orders
- −$883.77
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$818.02
- Costs to cover
- 9.078%
- Break-even
- 67.5 days
Slippage from KuCoin: live order book, just now; BloFin: live order book, 57 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 KuCoin live order book, just now | 2.16 bp | 442.6 bp −$443 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 57 min ago | 1.24 bp | 14.3 bp −$14 | 33.6 bp −$336 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster GLWUSDT | 0.0000% | 8h | 162.12 | +0.172% | $41K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 161.78 | −0.037% | $933K | $194K | 25x | as long as short |
| Gate GLW_USDT | 0.0000% | 8h | 161.74 | −0.062% | $2.2M | $4.2M | 50x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 162.14 | +0.185% | $1K | $1.9M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 161.93 | +0.056% | $17K | $16K | 20x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 161.98 | +0.087% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 161.70 | −0.087% | $302K | $109K | 10x | as long as short |
| QFEX GLW-USD | +0.0052% | 1h | 161.88 | +0.025% | $1.1M | $2.2M | 10x | as long as short |
| KuCoin GLWUSDTMlong | +0.0100% | 8h | 161.84 | long leg | $326K | $987K | 20x | |
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 161.92 | +0.049% | $2K | $2K | 10x | as long as short |
Aster GLWUSDT
Bybit GLWUSDT
Gate GLW_USDT
SunX GLW-USDT
HTX GLW-USDT
Vest GLW-USD-PERP
Ondo Perps GLW-USD.P
QFEX GLW-USD
Orderly PERP_GLW_USDC_mythosShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX GLW-USDT-SWAP | +0.0222% | 8h | 161.83 | −0.006% | $2.3M | $4.4M | 20x | as long as short |
| Paragon para:GLW | +0.0291% | 1h | 161.78 | −0.037% | $321K | $38K | 10x | as long as short |
| GRVT GLW_USDT_Perp | +0.0319% | 8h | 161.99 | +0.093% | $776 | $169K | 10x | as long as short |
| Bitget GLWUSDT | +0.0394% | 8h | 161.82 | −0.012% | $2.2M | $806K | 20x | as long as short |
| BloFin GLW-USDTshort | +0.0551% | 8h | 161.93 | +0.056% | $151K | $36K | 20x | |
| Extended GLW-USD | +0.0552% | 1h | 161.75 | −0.057% | $2K | $2K | 10x | as long as short |
| Binance GLWUSDT | +0.0553% | 8h | 161.79 | −0.030% | $10.8M | $21.6M | 20x | as long as short |
OKX GLW-USDT-SWAP
Paragon para:GLW
GRVT GLW_USDT_Perp
Bitget GLWUSDT
Extended GLW-USD
Binance GLWUSDT