Funding you earn now, next payment 08:00 UTC−0.0068%/8h= −7.5% APRpaid last 24h −0.096%
Price spread now: Paragon against OKX−0.128%7-day average −0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$730.725% of the position
Funding, last 7 days−0.005%−$1 on $10k
+Price spread, last 4 days (all we have)+0.009%+$1 · spread now −0.128%, 7d avg −0.071%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Paragon is 0.057% cheaper against OKX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.071%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX GLW-USDT-SWAP | 157.73 | 0.0111 | pay 0.0111% / 8h | 3m 52s | $2.2M | $4.7M | 20x |
| Short | Paragon para:GLW | 157.53 | 0.0042 | get 0.0005% / 1h | 3m 52s | $307K | $41K | 10x |
OKX GLW-USDT-SWAP
Paragon para:GLWFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paragon 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
- −$14.35
- Price spread: −0.128% → −0.071%
- −$5.72
- Slippage, 4 orders
- −$52.53
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Paragon: 5 bp × 2 orders
- −$10
- Net
- −$92.6
- Costs to cover
- 0.725%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; Paragon: live order book, 52 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 | 1.27 bp | 12.4 bp −$12 | 53.9 bp −$539 | doesn't fit | doesn't fit |
| Sell Paragon live order book, 52 min ago | 15.31 bp | 28.4 bp −$28 | 53.2 bp −$532 | 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 | −0.0873% | 8h | 157.74 | +0.006% | $2.2M | $950K | 20x | as long as short |
| Gate GLW_USDT | −0.0607% | 8h | 157.66 | −0.044% | $2.2M | $4.4M | 50x | as long as short |
| BloFin GLW-USDT | −0.0009% | 8h | 157.74 | +0.006% | $149K | $40K | 20x | as long as short |
| Aster GLWUSDT | 0.0000% | 8h | 157.78 | +0.031% | $40K | $1K | 20x | as long as short |
| Extended GLW-USD | 0.0000% | 1h | 157.68 | −0.035% | $2K | $1K | 10x | as long as short |
| Binance GLWUSDT | 0.0000% | 8h | 157.73 | 0.000% | $10.4M | $24.6M | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 157.65 | −0.051% | $899K | $232K | 25x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 157.45 | −0.178% | $1K | $1.7M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 157.73 | 0.000% | $16K | $15K | 20x | as long as short |
| GRVT GLW_USDT_Perp | +0.0031% | 8h | 157.66 | −0.044% | $400 | $217K | 10x | as long as short |
Bitget GLWUSDT
Gate GLW_USDT
BloFin GLW-USDT
Aster GLWUSDT
Extended GLW-USD
Binance GLWUSDT
Bybit GLWUSDT
SunX GLW-USDT
HTX GLW-USDT
GRVT GLW_USDT_PerpShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX GLW-USD | +0.0042% | 1h | 157.63 | −0.063% | $1.1M | $1.7M | 10x | as long as short |
| Paragon para:GLWshort | +0.0042% | 1h | 157.53 | −0.128% | $307K | $41K | 10x | |
| Vest GLW-USD-PERP | +0.0046% | 1h | 157.58 | −0.095% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 157.42 | −0.197% | $279K | $124K | 10x | as long as short |
| KuCoin GLWUSDTM | +0.0100% | 8h | 157.46 | −0.171% | $315K | $846K | 20x | as long as short |
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 157.61 | −0.076% | $2K | $2K | 10x | as long as short |
| OKX GLW-USDT-SWAPlong | +0.0111% | 8h | 157.73 | long leg | $2.2M | $4.7M | 20x |
QFEX GLW-USD
Vest GLW-USD-PERP
Ondo Perps GLW-USD.P
KuCoin GLWUSDTM
Orderly PERP_GLW_USDC_mythos