Funding you earn now, next payment 02:00 UTC+0.0332%/8h= +36.4% APRpaid last 24h +0.026%
Price spread now: Bitget against Paragon−0.031%7-day average +0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$840.843% of the position
Funding, last 7 days+0.041%+$4 on $10k
+Price spread, last 4 days (all we have)+0.151%+$15 · spread now −0.031%, 7d avg +0.063%
=Funding pays, the price is against you. Bitget is 0.094% cheaper against Paragon than usual: you would sell low and buy high (spread −0.031% now, against its 7-day average of +0.063%). If the spread goes back, that is −$9 on $10k: about 23 hours of funding at the current rate (+$10 a day). At the pace of the last 7 days (+0.041% in total) that is about 16 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.041% in total (about 2.2% a year). A funding rate is set anew for every payment. 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 | Paragon para:GLW | 161.78 | 0.0060 | pay 0.0008% / 1h | 58m 27s | $321K | $38K | 10x |
| Short | Bitget GLWUSDT | 161.73 | 0.0392 | get 0.0392% / 8h | 6h 58m | $2.2M | $806K | 20x |
Paragon para:GLW
Bitget GLWUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Paragon. 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
- $69.72
- Price spread: −0.031% → +0.063%
- −$9.37
- Slippage, 4 orders
- −$62.34
- Fee Paragon: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$23.99
- Costs to cover
- 0.843%
- Break-even
- 9.4 days
Slippage from Paragon: live order book, 57 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 Paragon live order book, 57 min ago | 18.30 bp | 24.9 bp −$25 | 53.4 bp −$534 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 2.78 bp | 19.3 bp −$19 | 36.0 bp −$360 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster GLWUSDT | 0.0000% | 8h | 161.93 | +0.095% | $41K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 161.72 | −0.037% | $932K | $194K | 25x | as long as short |
| Gate GLW_USDT | 0.0000% | 8h | 161.60 | −0.111% | $2.2M | $4.2M | 50x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 162.14 | +0.223% | $1K | $1.9M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 161.93 | +0.093% | $17K | $16K | 20x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 161.87 | +0.056% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 161.70 | −0.049% | $302K | $109K | 10x | as long as short |
| QFEX GLW-USD | +0.0052% | 1h | 161.73 | −0.031% | $1.1M | $2.2M | 10x | as long as short |
| Paragon para:GLWlong | +0.0060% | 1h | 161.78 | long leg | $321K | $38K | 10x | |
| KuCoin GLWUSDTM | +0.0100% | 8h | 161.80 | +0.012% | $326K | $986K | 20x | as long as short |
Aster GLWUSDT
Bybit GLWUSDT
Gate GLW_USDT
SunX 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 | 161.71 | −0.043% | $2K | $2K | 10x | as long as short |
| OKX GLW-USDT-SWAP | +0.0219% | 8h | 161.72 | −0.037% | $2.3M | $4.4M | 20x | as long as short |
| GRVT GLW_USDT_Perp | +0.0319% | 8h | 161.99 | +0.130% | $776 | $169K | 10x | as long as short |
| Bitget GLWUSDTshort | +0.0392% | 8h | 161.73 | −0.031% | $2.2M | $806K | 20x | |
| Binance GLWUSDT | +0.0550% | 8h | 161.74 | −0.025% | $10.8M | $21.6M | 20x | as long as short |
| BloFin GLW-USDT | +0.0551% | 8h | 161.93 | +0.093% | $151K | $36K | 20x | as long as short |
| Extended GLW-USD | +0.0552% | 1h | 161.71 | −0.042% | $2K | $2K | 10x | as long as short |
Orderly PERP_GLW_USDC_mythos
OKX GLW-USDT-SWAP
GRVT GLW_USDT_Perp
Binance GLWUSDT
BloFin GLW-USDT
Extended GLW-USD