Funding you earn now, next payment 08:00 UTC+0.0222%/8h= +24.3% APRnext payment +$2.22 per $10,000 · paid last 24h +0.073%
Price spread now: OKX against SunX−0.123%7-day average +0.064% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.075%+$7 on $10k
+Price spread, last 3 days (all we have)+0.181%+$18 · spread now −0.123%, 7d avg +0.064%
=Funding pays, the price is against you. OKX is 0.188% cheaper against SunX than usual: you would sell low and buy high (spread −0.123% now, against its 7-day average of +0.064%). If the spread goes back, that is −$19 on $10k: about 2.8 days of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.075% in total) that is about 18 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.075% in total (about 3.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.22 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 | SunX GLW-USDT | 162.19 | 0 | get 0.0000% / 8h | 5h 48m | $1K | $1.8M | 10x |
| Short | OKX GLW-USDT-SWAP | 161.99 | 0.0222 | get 0.0222% / 8h | 5h 48m | $2.3M | $4.4M | 20x |
SunX GLW-USDT
OKX GLW-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against SunX. 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
- $46.66
- Price spread: −0.123% → +0.064%
- −$18.77
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $9.89
- Costs to cover
- 0.180%
- Break-even
- 5.5 days
Slippage unknown: SunX: live order book, 8 min ago; OKX: live order book, 4 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 SunX live order book, 8 min ago | 500.45 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 2.16 bp | 10.1 bp −$10 | 23.6 bp −$236 | doesn't fit | doesn't fit |
GLW on 16 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:GLW | −0.0599% | 1h | 161.75 | −0.271% | $321K | $37K | 10x | as long as short |
| Aster GLWUSDT | 0.0000% | 8h | 161.97 | −0.134% | $41K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 161.84 | −0.216% | $929K | $197K | 25x | as long as short |
| Gate GLW_USDT | 0.0000% | 8h | 161.80 | −0.240% | $2.2M | $4.3M | 50x | as long as short |
| SunX GLW-USDTlong | 0.0000% | 8h | 162.19 | long leg | $1K | $1.8M | 10x | |
| HTX GLW-USDT | 0.0000% | 8h | 162.26 | +0.043% | $17K | $16K | 20x | as long as short |
| QFEX GLW-USD | +0.0044% | 1h | 161.85 | −0.210% | $1.1M | $2.1M | 10x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 161.90 | −0.179% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 161.90 | −0.179% | $303K | $106K | 10x | as long as short |
| GRVT GLW_USDT_Perp | +0.0095% | 8h | 162.19 | −0.001% | $381 | $171K | 10x | as long as short |
Paragon para:GLW
Aster GLWUSDT
Bybit GLWUSDT
Gate GLW_USDT
HTX GLW-USDT
QFEX GLW-USD
Vest GLW-USD-PERP
Ondo Perps GLW-USD.P
GRVT GLW_USDT_PerpShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GLWUSDTM | +0.0100% | 8h | 161.89 | −0.185% | $326K | $954K | 20x | as long as short |
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 161.90 | −0.179% | $2K | $2K | 10x | as long as short |
| OKX GLW-USDT-SWAPshort | +0.0222% | 8h | 161.99 | −0.123% | $2.3M | $4.4M | 20x | |
| Bitget GLWUSDT | +0.0282% | 8h | 161.84 | −0.216% | $2.2M | $816K | 20x | as long as short |
| Extended GLW-USD | +0.0424% | 1h | 161.87 | −0.200% | $2K | $1K | 10x | as long as short |
| Binance GLWUSDT | +0.0427% | 8h | 161.89 | −0.183% | $10.7M | $21.7M | 20x | as long as short |
KuCoin GLWUSDTM
Orderly PERP_GLW_USDC_mythos
Bitget GLWUSDT
Extended GLW-USD
Binance GLWUSDT