GLW

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.32 per $10,000 · paid last 24h −0.007%

Price spread now: BloFin against Binance−0.045%61s7-day average −0.007% · you buy dearer than you sell

Net, funding: paid 7d − costs−$38as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$380.377% of the position

Long on Binance Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.001%$0 on $10k

Price spread, last 4 days (all we have)−0.021%−$2 · spread now −0.045%, 7d avg −0.007%

Together, before fees−0.020%−$2 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.038% cheaper against Binance than usual: you would sell low and buy high (spread −0.045% now, against its 7-day average of −0.007%). If the spread goes back, that is −$4 on $10k: about 3.9 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.001% in total) that is about 8 months. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance GLWUSDT	162.38	0.0410	pay 0.0410% / 8h	5h 02m	$10.7M	$21.9M	20x
Short	BloFin GLW-USDT	162.31	0.0443	get 0.0443% / 8h	5h 02m	$110K	$36K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee BloFinbpOrdersPrice spread, now −0.045%Rate

Funding earned: $6.76
Price spread: −0.045% → −0.007%: −$3.79
Slippage, 4 orders: −$15.74
Fee Binance: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$34.76
Costs to cover: 0.377%
Break-even: 43.0 days

Slippage from Binance: live order book, 9 min ago; BloFin: live order book, 34 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 Binance live order book, 9 min ago	0.62 bp	8.1 bp −$8	23.5 bp −$235	131.8 bp −$13.2K	doesn't fit
Sell BloFin live order book, 34 min ago	1.54 bp	11.5 bp −$11	24.1 bp −$241	80.6 bp −$8,062	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:GLW	−0.0664%	1h	162.19	−0.118%	$322K	$37K	10x	as long as short
Aster GLWUSDT	0.0000%	8h	162.48	+0.059%	$41K	$1K	20x	as long as short
Bybit GLWUSDT	0.0000%	8h	162.29	−0.057%	$932K	$199K	25x	as long as short
Gate GLW_USDT	0.0000%	8h	162.22	−0.100%	$2.2M	$4.3M	50x	as long as short
SunX GLW-USDT	0.0000%	8h	162.29	−0.057%	$393	$1.8M	10x	as long as short
HTX GLW-USDT	0.0000%	8h	162.39	+0.004%	$17K	$16K	20x	as long as short
QFEX GLW-USD	+0.0044%	1h	162.31	−0.045%	$1.1M	$2.1M	10x	as long as short
Vest GLW-USD-PERP	+0.0046%	1h	162.35	−0.020%	—	—	10x	as long as short
Ondo Perps GLW-USD.P	+0.0050%	1h	162.28	−0.064%	$305K	$109K	10x	as long as short
KuCoin GLWUSDTM	+0.0100%	8h	162.29	−0.057%	$327K	$938K	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	162.29	−0.057%	$2K	$2K	10x	as long as short
GRVT GLW_USDT_Perp	+0.0204%	8h	162.48	+0.058%	$200	$177K	10x	as long as short
OKX GLW-USDT-SWAP	+0.0262%	8h	162.43	+0.029%	$2.3M	$4.4M	20x	as long as short
Bitget GLWUSDT	+0.0303%	8h	162.35	−0.020%	$2.2M	$839K	20x	as long as short
Extended GLW-USD	+0.0408%	1h	162.32	−0.038%	$2K	$1K	10x	as long as short
Binance GLWUSDTlong	+0.0410%	8h	162.38	long leg	$10.7M	$21.9M	20x
BloFin GLW-USDTshort	+0.0443%	8h	162.31	−0.045%	$110K	$36K	20x