Funding you earn now, next payment 08:00 UTC+0.0160%/8h= +17.6% APRnext payment +$1.60 per $10,000 · paid last 24h −0.054%
Price spread now: Bitget against OKX−0.031%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$610.614% of the position
Funding, last 7 days+0.054%+$5 on $10k
+Price spread, last 7 days+0.013%+$1 · spread now −0.031%, 7d avg −0.004%
=Funding pays, the price is against you. Bitget is 0.027% cheaper against OKX than usual: you would sell low and buy high (spread −0.031% now, against its 7-day average of −0.004%). If the spread goes back, that is −$3 on $10k: about 13 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.054% in total) that is about 3.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX GLW-USDT-SWAP | 161.78 | 0.0187 | pay 0.0187% / 8h | 6h 38m | $2.3M | $4.4M | 20x |
| Short | Bitget GLWUSDT | 161.73 | 0.0347 | get 0.0347% / 8h | 6h 38m | $2.2M | $808K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against OKX. 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
- $33.66
- Price spread: −0.031% → −0.004%
- −$2.66
- Slippage, 4 orders
- −$39.39
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$30.38
- Costs to cover
- 0.614%
- Break-even
- 13.3 days
Slippage from OKX: live order book, 4 min ago; Bitget: 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 OKX live order book, 4 min ago | 2.47 bp | 12.8 bp −$13 | 33.1 bp −$331 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 3.09 bp | 21.5 bp −$21 | 29.5 bp −$295 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:GLW | −0.0155% | 1h | 161.63 | −0.095% | $321K | $38K | 10x | as long as short |
| Aster GLWUSDT | 0.0000% | 8h | 161.93 | +0.092% | $41K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 161.65 | −0.080% | $928K | $197K | 25x | as long as short |
| Gate GLW_USDT | 0.0000% | 8h | 161.64 | −0.087% | $2.2M | $4.3M | 50x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 161.69 | −0.056% | $868 | $1.9M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 161.82 | +0.025% | $17K | $16K | 20x | as long as short |
| QFEX GLW-USD | +0.0034% | 1h | 161.74 | −0.025% | $1.1M | $2.2M | 10x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 161.75 | −0.019% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 161.70 | −0.049% | $301K | $105K | 10x | as long as short |
| KuCoin GLWUSDTM | +0.0100% | 8h | 161.71 | −0.043% | $325K | $975K | 20x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 161.71 | −0.043% | $2K | $2K | 10x | as long as short |
| GRVT GLW_USDT_Perp | +0.0107% | 8h | 161.96 | +0.111% | $81 | $167K | 10x | as long as short |
| OKX GLW-USDT-SWAPlong | +0.0187% | 8h | 161.78 | long leg | $2.3M | $4.4M | 20x | |
| Bitget GLWUSDTshort | +0.0347% | 8h | 161.73 | −0.031% | $2.2M | $808K | 20x | |
| Binance GLWUSDT | +0.0502% | 8h | 161.75 | −0.016% | $10.7M | $21.7M | 20x | as long as short |
| Extended GLW-USD | +0.0504% | 1h | 161.76 | −0.011% | $2K | $1K | 10x | as long as short |
| BloFin GLW-USDT | +0.0561% | 8h | 161.82 | +0.025% | $152K | $36K | 20x | as long as short |
OKX GLW-USDT-SWAP
Bitget GLWUSDT
Paragon para:GLW
Aster GLWUSDT
Bybit GLWUSDT
Gate GLW_USDT
SunX GLW-USDT
HTX GLW-USDT
KuCoin GLWUSDTM
GRVT GLW_USDT_Perp
Binance GLWUSDT
Extended GLW-USD
BloFin GLW-USDT