Funding you earn now, next payment 09:00 UTC−0.0038%/8h= −4.2% APRpaid last 24h +0.032%
Price spread now: OKX against Ondo Perps+0.051%7-day average +0.090% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.076%−$8 on $10k
+Price spread, last 4 days (all we have)−0.336%−$34 · spread now +0.051%, 7d avg +0.090%
=Together, before fees−0.412%+ Points / potential airdropOndo Perps: Active · farm board−$41 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and OKX is 0.039% cheaper against Ondo Perps than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.090%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps GLW-USD.P | 156.68 | 0.0050 | pay 0.0006% / 1h | 20m 08s | $276K | $105K | 10x |
| Short | OKX GLW-USDT-SWAP | 156.76 | 0.0012 | get 0.0012% / 8h | 7h 20m | $2.1M | $4.9M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$8.02
- Price spread: +0.051% → +0.090%
- −$3.93
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$26.95
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; OKX: live order book, 2 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 OKX live order book, 2 min ago | 0.32 bp | 23.9 bp −$24 | 48.3 bp −$483 | doesn't fit | 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 GLWUSDT | −0.0823% | 8h | 156.74 | +0.038% | $2.1M | $1.1M | 20x | as long as short |
| GRVT GLW_USDT_Perp | −0.0589% | 8h | 156.03 | −0.412% | $629 | $219K | 10x | as long as short |
| Gate GLW_USDT | −0.0443% | 8h | 156.58 | −0.064% | $2.2M | $4.5M | 50x | as long as short |
| Aster GLWUSDT | 0.0000% | 8h | 156.49 | −0.123% | $64K | $53K | 20x | as long as short |
| Extended GLW-USD | 0.0000% | 1h | 156.73 | +0.033% | $2K | $1K | 10x | as long as short |
| Binance GLWUSDT | 0.0000% | 8h | 156.44 | −0.150% | $10.3M | $26.2M | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 156.56 | −0.077% | $891K | $245K | 25x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 156.63 | −0.032% | $882 | $1.7M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 156.79 | +0.070% | $16K | $22K | 20x | as long as short |
| OKX GLW-USDT-SWAPshort | +0.0012% | 8h | 156.76 | +0.051% | $2.1M | $4.9M | 20x |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin GLW-USDT | +0.0014% | 8h | 156.75 | +0.045% | $149K | $40K | 20x | as long as short |
| Vest GLW-USD-PERP | +0.0044% | 1h | 156.54 | −0.089% | — | — | 10x | as long as short |
| QFEX GLW-USD | +0.0047% | 1h | 156.61 | −0.045% | $1.1M | $1.7M | 10x | as long as short |
| Ondo Perps GLW-USD.Plong | +0.0050% | 1h | 156.68 | long leg | $276K | $105K | 10x | |
| Paragon para:GLW | +0.0060% | 1h | 156.43 | −0.159% | $305K | $41K | 10x | as long as short |
| KuCoin GLWUSDTM | +0.0100% | 8h | 156.57 | −0.070% | $317K | $846K | 20x | as long as short |
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 156.77 | +0.057% | $2K | $3K | 10x | as long as short |
OKX GLW-USDT-SWAP
Bitget GLWUSDT
GRVT GLW_USDT_Perp
Gate GLW_USDT
Aster GLWUSDT
Extended GLW-USD
Binance GLWUSDT
Bybit GLWUSDT
SunX GLW-USDT
HTX GLW-USDT
BloFin GLW-USDT
Paragon para:GLW
KuCoin GLWUSDTM