Funding you earn now, next payment 05:00 UTC−0.0153%/8h= −16.8% APRpaid last 24h +0.003%
Price spread now: Bitget against Ondo Perps+0.132%7-day average +0.084% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.033%−$3 on $10k
+Price spread, last 4 days (all we have)−0.227%−$23 · spread now +0.132%, 7d avg +0.084%
=Together, before fees−0.260%+ Points / potential airdropOndo Perps: Active · farm board−$26 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.049% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.132% now, against its 7-day average of +0.084%): +$5 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 25 hours. At the pace of the last 7 days (−0.033% in total) that is about 10 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps GLW-USD.P | 158.59 | 0.0050 | pay 0.0006% / 1h | 7m 40s | $289K | $118K | 10x |
| Short | Bitget GLWUSDT | 158.80 | −0.0103 | pay 0.0103% / 8h | 3h 07m | $2.1M | $871K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Ondo Perps. 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
- −$32.21
- Price spread: +0.132% → +0.084%
- $4.88
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$44.33
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Bitget: 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 4 min ago | 4.72 bp | 23.6 bp −$24 | 34.8 bp −$348 | 140.4 bp −$14.0K | doesn't fit |
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 GLWUSDTshort | −0.0103% | 8h | 158.80 | +0.132% | $2.1M | $871K | 20x | |
| Aster GLWUSDT | 0.0000% | 8h | 158.88 | +0.183% | $40K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 158.69 | +0.063% | $910K | $203K | 25x | as long as short |
| Gate GLW_USDT | 0.0000% | 8h | 158.78 | +0.120% | $2.2M | $4.3M | 50x | as long as short |
| GRVT GLW_USDT_Perp | 0.0000% | 8h | 158.75 | +0.101% | $303 | $199K | 10x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 158.67 | +0.050% | $2K | $1.8M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 158.90 | +0.195% | $16K | $16K | 20x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 158.65 | +0.038% | — | — | 10x | as long as short |
| QFEX GLW-USD | +0.0050% | 1h | 158.79 | +0.126% | $1.1M | $1.8M | 10x | as long as short |
| Ondo Perps GLW-USD.Plong | +0.0050% | 1h | 158.59 | long leg | $289K | $118K | 10x |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:GLW | +0.0060% | 1h | 158.62 | +0.017% | $309K | $41K | 10x | as long as short |
| KuCoin GLWUSDTM | +0.0100% | 8h | 158.80 | +0.132% | $320K | $917K | 20x | as long as short |
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 158.72 | +0.082% | $2K | $2K | 10x | as long as short |
| OKX GLW-USDT-SWAP | +0.0110% | 8h | 158.90 | +0.195% | $2.2M | $4.4M | 20x | as long as short |
| Binance GLWUSDT | +0.0142% | 8h | 158.85 | +0.161% | $10.3M | $22.5M | 20x | as long as short |
| Extended GLW-USD | +0.0144% | 1h | 158.76 | +0.107% | $2K | $1K | 10x | as long as short |
| BloFin GLW-USDT | +0.0157% | 8h | 158.76 | +0.107% | $150K | $36K | 20x | as long as short |
Bitget GLWUSDT
Aster GLWUSDT
Bybit GLWUSDT
Gate GLW_USDT
GRVT GLW_USDT_Perp
SunX GLW-USDT
HTX GLW-USDT
Paragon para:GLW
KuCoin GLWUSDTM
OKX GLW-USDT-SWAP
Binance GLWUSDT
Extended GLW-USD
BloFin GLW-USDT