Funding you earn now, next payment 03:00 UTC+0.0627%/8h= +68.6% APRpaid last 24h +0.011%
Price spread now: SunX against Paragon+0.076%7-day average −0.001% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.083%−$8 on $10k
+Price spread, last 4 days (all we have)−0.011%−$1 · spread now +0.076%, 7d avg −0.001%
=Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and SunX is 0.077% dearer against Paragon than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.001%. Mind the row above: over the last 7 days funding on this pair cost −0.083%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.083% in total (about -4.3% 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 | 161.99 | −0.0627 | get 0.0078% / 1h | 24m 25s | $322K | $37K | 10x |
| Short | SunX GLW-USDT | 162.11 | 0 | get 0.0000% / 8h | 5h 24m | $1K | $1.8M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $131.6
- Price spread: +0.076% → −0.001%
- $7.69
- Slippage, 4 orders
- no order book: not counted
- Fee Paragon: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- $121.29
- Costs to cover
- 0.180%
- Break-even
- 0.5 days
Slippage unknown: Paragon: live order book, 11 min ago; SunX: live order book, 11 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 Paragon live order book, 11 min ago | 15.13 bp | 26.4 bp −$26 | 91.5 bp −$915 | doesn't fit | doesn't fit |
| Sell SunX live order book, 11 min ago | 500.17 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:GLWlong | −0.0627% | 1h | 161.99 | long leg | $322K | $37K | 10x | |
| Aster GLWUSDT | 0.0000% | 8h | 162.27 | +0.176% | $41K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 162.18 | +0.119% | $930K | $198K | 25x | as long as short |
| Gate GLW_USDT | 0.0000% | 8h | 162.12 | +0.082% | $2.2M | $4.3M | 50x | as long as short |
| SunX GLW-USDTshort | 0.0000% | 8h | 162.11 | +0.076% | $1K | $1.8M | 10x | |
| HTX GLW-USDT | 0.0000% | 8h | 162.26 | +0.169% | $17K | $16K | 20x | as long as short |
| QFEX GLW-USD | +0.0044% | 1h | 162.19 | +0.126% | $1.1M | $2.1M | 10x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 162.10 | +0.070% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 161.94 | −0.029% | $304K | $107K | 10x | as long as short |
| KuCoin GLWUSDTM | +0.0100% | 8h | 162.01 | +0.014% | $326K | $944K | 20x | as long as short |
Show 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 | 162.24 | +0.156% | $2K | $2K | 10x | as long as short |
| GRVT GLW_USDT_Perp | +0.0158% | 8h | 162.24 | +0.155% | $388 | $174K | 10x | as long as short |
| OKX GLW-USDT-SWAP | +0.0246% | 8h | 162.33 | +0.212% | $2.3M | $4.4M | 20x | as long as short |
| Bitget GLWUSDT | +0.0261% | 8h | 162.15 | +0.101% | $2.2M | $817K | 20x | as long as short |
| BloFin GLW-USDT | +0.0405% | 8h | 162.19 | +0.126% | $110K | $36K | 20x | as long as short |
| Binance GLWUSDT | +0.0421% | 8h | 162.26 | +0.167% | $10.8M | $21.7M | 20x | as long as short |
| Extended GLW-USD | +0.0424% | 1h | 162.18 | +0.117% | $2K | $1K | 10x | as long as short |
Paragon para:GLW
SunX GLW-USDT
Aster GLWUSDT
Bybit GLWUSDT
Gate GLW_USDT
HTX GLW-USDT
KuCoin GLWUSDTM
GRVT GLW_USDT_Perp
OKX GLW-USDT-SWAP
Bitget GLWUSDT
BloFin GLW-USDT
Binance GLWUSDT
Extended GLW-USD