Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Bybit against KuCoin+0.045%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$886as in the Funding arb table
Net, price: spread back to 7d avg − costs−$857as in the Price arb table
costs, in and out, $10k−$8578.574% of the position
Funding, last 7 days−0.287%−$29 on $10k
+Price spread, last 4 days (all we have)−0.410%−$41 · spread now +0.045%, 7d avg +0.040%
=The price spread sits at its 7-day average of +0.040%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin GLWUSDTM | 156.49 | 0.0100 | pay 0.0100% / 8h | 7h 20m | $317K | $846K | 20x |
| Short | Bybit GLWUSDT | 156.56 | 0 | get 0.0000% / 8h | 7h 20m | $891K | $245K | 25x |
KuCoin GLWUSDTM
Bybit GLWUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$21
- Price spread: +0.045% → +0.040%
- $0.42
- Slippage, 4 orders
- −$834.38
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$877.96
- Costs to cover
- 8.574%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 64 min ago; Bybit: live order book, 10 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, 64 min ago | 1.91 bp | 450.8 bp −$451 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 10 min ago | 6.42 bp | 33.1 bp −$33 | 186.7 bp −$1,867 | 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 | 156.68 | +0.121% | $2.1M | $1.1M | 20x | as long as short |
| GRVT GLW_USDT_Perp | −0.0589% | 8h | 156.03 | −0.291% | $629 | $219K | 10x | as long as short |
| Gate GLW_USDT | −0.0443% | 8h | 156.53 | +0.026% | $2.2M | $4.5M | 50x | as long as short |
| Aster GLWUSDT | 0.0000% | 8h | 156.73 | +0.156% | $64K | $53K | 20x | as long as short |
| Extended GLW-USD | 0.0000% | 1h | 156.66 | +0.110% | $2K | $1K | 10x | as long as short |
| Binance GLWUSDT | 0.0000% | 8h | 156.68 | +0.119% | $10.3M | $26.2M | 20x | as long as short |
| Bybit GLWUSDTshort | 0.0000% | 8h | 156.56 | +0.045% | $891K | $245K | 25x | |
| SunX GLW-USDT | 0.0000% | 8h | 156.48 | −0.006% | $1K | $1.7M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 156.24 | −0.160% | $16K | $22K | 20x | as long as short |
| OKX GLW-USDT-SWAP | +0.0014% | 8h | 156.76 | +0.173% | $2.1M | $4.9M | 20x | as long as short |
Bitget GLWUSDT
GRVT GLW_USDT_Perp
Gate GLW_USDT
Aster GLWUSDT
Extended GLW-USD
Binance 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 | +0.166% | $149K | $40K | 20x | as long as short |
| Vest GLW-USD-PERP | +0.0044% | 1h | 156.54 | +0.032% | — | — | 10x | as long as short |
| QFEX GLW-USD | +0.0047% | 1h | 156.61 | +0.077% | $1.1M | $1.7M | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 156.68 | +0.121% | $276K | $105K | 10x | as long as short |
| Paragon para:GLW | +0.0060% | 1h | 156.43 | −0.038% | $305K | $41K | 10x | as long as short |
| KuCoin GLWUSDTMlong | +0.0100% | 8h | 156.49 | long leg | $317K | $846K | 20x | |
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 156.66 | +0.109% | $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