Funding you earn now, next payment 04:00 UTC−0.0400%/8h= −43.8% APRnext payment −$0.50 per $10,000 · paid last 24h −0.040%
Price spread now: Paragon against QFEX−0.049%50s7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$810.814% of the position
Funding, last 4 days (all we have)+0.046%+$5 on $10k
+Price spread, last 4 days (all we have)−0.191%−$19 · spread now −0.049%, 7d avg −0.048%
=The price spread sits at its 7-day average of −0.048%, so right now this pair is about funding alone: −$12 a day on $10k at the current rate. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.046% in total (about 4.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.50 per $10,000. 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 | QFEX GLW-USD | 162.34 | 0.0078 | pay 0.0010% / 1h | 7m 40s | $1.1M | $2.0M | 10x |
| Short | Paragon para:GLW | 162.26 | −0.0322 | pay 0.0040% / 1h | 7m 40s | $322K | $37K | 10x |
QFEX GLW-USD
Paragon para:GLWFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paragon against QFEX. 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
- −$83.91
- Price spread: −0.049% → −0.048%
- −$0.11
- Slippage, 4 orders
- −$61.38
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Paragon: 5 bp × 2 orders
- −$10
- Net
- −$165.4
- Costs to cover
- 0.814%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 4 min ago; Paragon: live order book, 18 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 QFEX live order book, 4 min ago | 1.54 bp | 8.3 bp −$8 | 13.6 bp −$136 | doesn't fit | doesn't fit |
| Sell Paragon live order book, 18 min ago | 14.51 bp | 41.5 bp −$41 | 96.3 bp −$963 | 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:GLWshort | −0.0322% | 1h | 162.26 | −0.049% | $322K | $37K | 10x | |
| Aster GLWUSDT | 0.0000% | 8h | 162.59 | +0.152% | $41K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 162.32 | −0.012% | $932K | $200K | 25x | as long as short |
| Gate GLW_USDT | 0.0000% | 8h | 162.28 | −0.037% | $2.2M | $4.3M | 50x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 162.36 | +0.012% | $1K | $1.8M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 162.48 | +0.086% | $17K | $16K | 20x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 162.38 | +0.025% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 162.19 | −0.092% | $303K | $107K | 10x | as long as short |
| QFEX GLW-USDlong | +0.0078% | 1h | 162.34 | long leg | $1.1M | $2.0M | 10x | |
| KuCoin GLWUSDTM | +0.0100% | 8h | 162.38 | +0.025% | $327K | $931K | 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
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 | 162.38 | +0.025% | $2K | $2K | 10x | as long as short |
| GRVT GLW_USDT_Perp | +0.0119% | 8h | 162.42 | +0.049% | $731 | $187K | 10x | as long as short |
| Bitget GLWUSDT | +0.0147% | 8h | 162.40 | +0.037% | $2.2M | $850K | 20x | as long as short |
| OKX GLW-USDT-SWAP | +0.0235% | 8h | 162.42 | +0.049% | $2.3M | $4.4M | 20x | as long as short |
| Binance GLWUSDT | +0.0308% | 8h | 162.43 | +0.054% | $10.7M | $21.8M | 20x | as long as short |
| BloFin GLW-USDT | +0.0310% | 8h | 162.31 | −0.018% | $155K | $36K | 20x | as long as short |
| Extended GLW-USD | +0.0312% | 1h | 162.37 | +0.021% | $2K | $1K | 10x | as long as short |
Orderly PERP_GLW_USDC_mythos
GRVT GLW_USDT_Perp
Bitget GLWUSDT
OKX GLW-USDT-SWAP
Binance GLWUSDT
BloFin GLW-USDT
Extended GLW-USD