Funding you earn now, next payment 08:00 UTC−0.0233%/8h= −25.5% APRnext payment −$2.33 per $10,000 · paid last 24h −0.073%
Price spread now: SunX against OKX−0.043%7-day average −0.065% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.075%−$7 on $10k
+Price spread, last 4 days (all we have)−0.043%−$4 · spread now −0.043%, 7d avg −0.065%
=The price spread pays, funding is against you. SunX is 0.022% dearer against OKX than usual: you sell high and buy low (spread −0.043% now, against its 7-day average of −0.065%): +$2 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 8 hours. At the pace of the last 7 days (−0.075% in total) that is about 2.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.075% in total (about -3.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.33 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX GLW-USDT-SWAP | 162.34 | 0.0233 | pay 0.0233% / 8h | 4h 11m | $2.3M | $4.4M | 20x |
| Short | SunX GLW-USDT | 162.27 | 0 | get 0.0000% / 8h | 4h 11m | $1K | $1.8M | 10x |
OKX GLW-USDT-SWAP
SunX GLW-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$48.83
- Price spread: −0.043% → −0.065%
- $2.2
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$64.64
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 1 min ago; SunX: live order book, 4 min ago. Net counts fees only.
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, 1 min ago | 0.31 bp | 12.4 bp −$12 | 31.9 bp −$319 | doesn't fit | doesn't fit |
| Sell SunX live order book, 4 min ago | 500.29 bp | doesn't fit | doesn't fit | 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 | −0.0359% | 1h | 162.08 | −0.160% | $322K | $37K | 10x | as long as short |
| Aster GLWUSDT | 0.0000% | 8h | 162.46 | +0.076% | $41K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 162.28 | −0.037% | $932K | $200K | 25x | as long as short |
| Gate GLW_USDT | 0.0000% | 8h | 162.15 | −0.117% | $2.2M | $4.3M | 50x | as long as short |
| SunX GLW-USDTshort | 0.0000% | 8h | 162.27 | −0.043% | $1K | $1.8M | 10x | |
| HTX GLW-USDT | 0.0000% | 8h | 162.28 | −0.037% | $17K | $16K | 20x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 162.28 | −0.037% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 161.96 | −0.234% | $303K | $107K | 10x | as long as short |
| QFEX GLW-USD | +0.0078% | 1h | 162.29 | −0.031% | $1.1M | $2.0M | 10x | as long as short |
| KuCoin GLWUSDTM | +0.0100% | 8h | 162.29 | −0.031% | $327K | $929K | 20x | as long as short |
Paragon para:GLW
Aster GLWUSDT
Bybit GLWUSDT
Gate GLW_USDT
HTX GLW-USDT
Vest GLW-USD-PERP
Ondo Perps GLW-USD.P
QFEX GLW-USD
KuCoin GLWUSDTMShow 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 | 162.27 | −0.043% | $2K | $2K | 10x | as long as short |
| GRVT GLW_USDT_Perp | +0.0118% | 8h | 162.24 | −0.061% | $131 | $186K | 10x | as long as short |
| Bitget GLWUSDT | +0.0155% | 8h | 162.31 | −0.018% | $2.2M | $850K | 20x | as long as short |
| OKX GLW-USDT-SWAPlong | +0.0233% | 8h | 162.34 | long leg | $2.3M | $4.4M | 20x | |
| Extended GLW-USD | +0.0312% | 1h | 162.30 | −0.026% | $2K | $1K | 10x | as long as short |
| Binance GLWUSDT | +0.0315% | 8h | 162.39 | +0.031% | $10.7M | $21.8M | 20x | as long as short |
| BloFin GLW-USDT | +0.0329% | 8h | 162.33 | −0.006% | $154K | $36K | 20x | as long as short |
Orderly PERP_GLW_USDC_mythos
GRVT GLW_USDT_Perp
Bitget GLWUSDT
Extended GLW-USD
Binance GLWUSDT
BloFin GLW-USDT