Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h +0.020%
Price spread now: Gate against KuCoin+0.006%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$848as in the Funding arb table
Net, price: spread back to 7d avg − costs−$835as in the Price arb table
costs, in and out, $10k−$8328.318% of the position
Funding, last 7 days−0.162%−$16 on $10k
+Price spread, last 4 days (all we have)−0.004%$0 · spread now +0.006%, 7d avg +0.040%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.033% cheaper against KuCoin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.040%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin GLWUSDTM | 159.08 | 0.0100 | pay 0.0100% / 8h | 3h 03m | $320K | $916K | 20x |
| Short | Gate GLW_USDT | 159.09 | 0 | get 0.0000% / 8h | 3h 03m | $2.2M | $4.3M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: +0.006% → +0.040%
- −$3.33
- Slippage, 4 orders
- −$804.81
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$856.14
- Costs to cover
- 8.318%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 41 min ago; Gate: live order book, 4 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, 41 min ago | 2.49 bp | 440.3 bp −$440 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 3.78 bp | 18.4 bp −$18 | 166.4 bp −$1,664 | 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 | −0.0170% | 8h | 159.22 | +0.088% | $2.1M | $871K | 20x | as long as short |
| Aster GLWUSDT | 0.0000% | 8h | 159.22 | +0.089% | $40K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 159.07 | −0.006% | $912K | $204K | 25x | as long as short |
| Gate GLW_USDTshort | 0.0000% | 8h | 159.09 | +0.006% | $2.2M | $4.3M | 50x | |
| GRVT GLW_USDT_Perp | 0.0000% | 8h | 158.79 | −0.182% | $303 | $199K | 10x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 159.03 | −0.031% | $1K | $1.8M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 159.17 | +0.057% | $16K | $16K | 20x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 159.00 | −0.050% | — | — | 10x | as long as short |
| QFEX GLW-USD | +0.0050% | 1h | 159.09 | +0.006% | $1.1M | $1.8M | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 158.76 | −0.201% | $288K | $118K | 10x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:GLW | +0.0060% | 1h | 158.85 | −0.143% | $309K | $41K | 10x | as long as short |
| KuCoin GLWUSDTMlong | +0.0100% | 8h | 159.08 | long leg | $320K | $916K | 20x | |
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 159.07 | −0.006% | $2K | $2K | 10x | as long as short |
| OKX GLW-USDT-SWAP | +0.0109% | 8h | 159.29 | +0.132% | $2.2M | $4.4M | 20x | as long as short |
| Extended GLW-USD | +0.0136% | 1h | 159.19 | +0.068% | $2K | $1K | 10x | as long as short |
| Binance GLWUSDT | +0.0138% | 8h | 159.16 | +0.050% | $10.3M | $22.5M | 20x | as long as short |
| BloFin GLW-USDT | +0.0160% | 8h | 159.02 | −0.038% | $149K | $36K | 20x | as long as short |
KuCoin GLWUSDTM
Gate GLW_USDT
Bitget GLWUSDT
Aster GLWUSDT
Bybit GLWUSDT
GRVT GLW_USDT_Perp
SunX GLW-USDT
HTX GLW-USDT
Paragon para:GLW
OKX GLW-USDT-SWAP
Extended GLW-USD
Binance GLWUSDT
BloFin GLW-USDT