Funding you earn now, next payment 08:00 UTC+0.0091%/8h= +9.9% APRnext payment +$0.91 per $10,000 · paid last 24h +0.043%
Price spread now: OKX against KuCoin+0.049%7-day average +0.092% · you sell dearer than you buy
Net, funding: paid 7d − costs−$915as in the Funding arb table
Net, price: spread back to 7d avg − costs−$906as in the Price arb table
costs, in and out, $10k−$9019.013% of the position
Funding, last 7 days−0.135%−$14 on $10k
+Price spread, last 4 days (all we have)−0.003%$0 · spread now +0.049%, 7d avg +0.092%
=Funding pays, the price is against you. OKX is 0.042% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.049% now, against its 7-day average of +0.092%). If the spread goes back, that is −$4 on $10k: about 37 hours of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.135%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin GLWUSDTM | 162.00 | 0.0100 | pay 0.0100% / 8h | 6h 14m | $326K | $965K | 20x |
| Short | OKX GLW-USDT-SWAP | 162.08 | 0.0191 | get 0.0191% / 8h | 6h 14m | $2.3M | $4.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $19.04
- Price spread: +0.049% → +0.092%
- −$4.24
- Slippage, 4 orders
- −$879.35
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$886.55
- Costs to cover
- 9.013%
- Break-even
- 332.9 days
Slippage from KuCoin: live order book, 45 min ago; OKX: live order book, 3 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, 45 min ago | 2.16 bp | 442.6 bp −$443 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 2.16 bp | 10.5 bp −$11 | 27.8 bp −$278 | doesn't fit | doesn't fit |
GLW on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:GLW | −0.0268% | 1h | 161.88 | −0.077% | $322K | $38K | 10x | as long as short |
| Aster GLWUSDT | 0.0000% | 8h | 162.13 | +0.080% | $41K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 161.97 | −0.019% | $930K | $197K | 25x | as long as short |
| Gate GLW_USDT | 0.0000% | 8h | 161.83 | −0.105% | $2.2M | $4.3M | 50x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 161.82 | −0.111% | $1K | $1.8M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 162.05 | +0.031% | $17K | $16K | 20x | as long as short |
| QFEX GLW-USD | +0.0034% | 1h | 161.92 | −0.049% | $1.1M | $2.2M | 10x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 161.94 | −0.037% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 161.66 | −0.210% | $302K | $105K | 10x | as long as short |
| GRVT GLW_USDT_Perp | +0.0084% | 8h | 161.98 | −0.012% | $471 | $171K | 10x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GLWUSDTMlong | +0.0100% | 8h | 162.00 | long leg | $326K | $965K | 20x | |
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 161.99 | −0.006% | $2K | $2K | 10x | as long as short |
| OKX GLW-USDT-SWAPshort | +0.0191% | 8h | 162.08 | +0.049% | $2.3M | $4.4M | 20x | |
| Bitget GLWUSDT | +0.0351% | 8h | 161.94 | −0.037% | $2.2M | $813K | 20x | as long as short |
| Binance GLWUSDT | +0.0464% | 8h | 162.01 | +0.005% | $10.7M | $21.7M | 20x | as long as short |
| Extended GLW-USD | +0.0464% | 1h | 161.96 | −0.028% | $2K | $1K | 10x | as long as short |
KuCoin GLWUSDTM
OKX GLW-USDT-SWAP
Paragon para:GLW
Aster GLWUSDT
Bybit GLWUSDT
Gate GLW_USDT
SunX GLW-USDT
HTX GLW-USDT
GRVT GLW_USDT_Perp
Bitget GLWUSDT
Binance GLWUSDT
Extended GLW-USD