Funding you earn now, next payment 05:00 UTC+0.0030%/8h= +3.2% APRnext payment +$0.04 per $10,000 · paid last 24h +0.038%
Price spread now: Ondo Perps against Paragon+0.201%7-day average −0.021% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.092%+$9 on $10k
+Price spread, last 4 days (all we have)+0.026%+$3 · spread now +0.201%, 7d avg −0.021%
=Together, before fees+0.118%+ Points / potential airdropOndo Perps: Active · farm board+$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Ondo Perps is 0.221% dearer against Paragon than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of −0.021%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paragon para:GLW | 160.00 | 0.0021 | pay 0.0003% / 1h | 38m 22s | $311K | $41K | 10x |
| Short | Ondo Perps GLW-USD.P | 160.32 | 0.0050 | get 0.0006% / 1h | 38m 22s | $300K | $115K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps 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
- $6.22
- Price spread: +0.201% → −0.021%
- $22.14
- Slippage, 4 orders
- no order book: not counted
- Fee Paragon: 5 bp × 2 orders
- −$10
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- $13.36
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Paragon: live order book, 47 min ago; Ondo Perps: no order-book sample. 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 Paragon live order book, 47 min ago | 14.51 bp | 22.7 bp −$23 | 82.6 bp −$826 | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster GLWUSDT | 0.0000% | 8h | 160.29 | +0.181% | $41K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 159.97 | −0.018% | $918K | $200K | 25x | as long as short |
| Gate GLW_USDT | 0.0000% | 8h | 160.01 | +0.007% | $2.2M | $4.2M | 50x | as long as short |
| Bitget GLWUSDT | 0.0000% | 8h | 160.06 | +0.038% | $2.2M | $856K | 20x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 159.96 | −0.024% | $1K | $1.8M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 160.57 | +0.357% | $16K | $16K | 20x | as long as short |
| Paragon para:GLWlong | +0.0021% | 1h | 160.00 | long leg | $311K | $41K | 10x | |
| GRVT GLW_USDT_Perp | +0.0025% | 8h | 160.61 | +0.385% | $344 | $192K | 10x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 160.14 | +0.088% | — | — | 10x | as long as short |
| QFEX GLW-USD | +0.0050% | 1h | 160.06 | +0.038% | $1.1M | $1.9M | 10x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps GLW-USD.Pshort | +0.0050% | 1h | 160.32 | +0.201% | $300K | $115K | 10x | |
| KuCoin GLWUSDTM | +0.0100% | 8h | 160.07 | +0.045% | $322K | $929K | 20x | as long as short |
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 160.00 | +0.001% | $2K | $2K | 10x | as long as short |
| OKX GLW-USDT-SWAP | +0.0171% | 8h | 160.18 | +0.113% | $2.2M | $4.4M | 20x | as long as short |
| Extended GLW-USD | +0.0216% | 1h | 160.08 | +0.049% | $2K | $1K | 10x | as long as short |
| Binance GLWUSDT | +0.0217% | 8h | 160.04 | +0.025% | $10.5M | $22.0M | 20x | as long as short |
| BloFin GLW-USDT | +0.0245% | 8h | 160.59 | +0.370% | $152K | $36K | 20x | as long as short |
Paragon para:GLW
Aster GLWUSDT
Bybit GLWUSDT
Gate GLW_USDT
Bitget GLWUSDT
SunX GLW-USDT
HTX GLW-USDT
GRVT GLW_USDT_Perp
KuCoin GLWUSDTM
OKX GLW-USDT-SWAP
Extended GLW-USD
Binance GLWUSDT
BloFin GLW-USDT