GLW

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0241%/8h= −26.4% APRnext payment −$2.41 per $10,000 · paid last 24h −0.122%

Price spread now: Bybit against Binance−0.031%7-day average −0.062% · you buy dearer than you sell

Net, funding: paid 7d − costs−$113as in the Funding arb table

Net, price: spread back to 7d avg − costs−$77as in the Price arb table

costs, in and out, $10k−$800.804% of the position

Long on Binance Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.327%−$33 on $10k

Price spread, last 4 days (all we have)−0.171%−$17 · spread now −0.031%, 7d avg −0.062%

Together, before fees−0.498%−$50 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.031% dearer against Binance than usual: you sell high and buy low (spread −0.031% now, against its 7-day average of −0.062%): +$3 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 10 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance GLWUSDT	161.03	0.0241	pay 0.0241% / 8h	3h 45m	$10.6M	$21.9M	20x
Short	Bybit GLWUSDT	160.98	0	get 0.0000% / 8h	3h 45m	$923K	$200K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.031%Rate

Funding earned: −$50.68
Price spread: −0.031% → −0.062%: $3.12
Slippage, 4 orders: −$59.41
Fee Binance: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$127.97
Costs to cover: 0.804%
Break-even: never at this rate

Slippage from Binance: live order book, 10 min ago; Bybit: live order book, 4 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, 10 min ago	1.54 bp	11.7 bp −$12	41.6 bp −$416	138.8 bp −$13.9K	doesn't fit
Sell Bybit live order book, 4 min ago	2.17 bp	39.4 bp −$39	194.3 bp −$1,943	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:GLW	−0.0005%	1h	160.84	−0.118%	$313K	$40K	10x	as long as short
Aster GLWUSDT	0.0000%	8h	161.29	+0.161%	$41K	$1K	20x	as long as short
Bybit GLWUSDTshort	0.0000%	8h	160.98	−0.031%	$923K	$200K	25x
Gate GLW_USDT	0.0000%	8h	161.07	+0.025%	$2.2M	$4.2M	50x	as long as short
Bitget GLWUSDT	0.0000%	8h	160.99	−0.025%	$2.2M	$850K	20x	as long as short
SunX GLW-USDT	0.0000%	8h	161.18	+0.093%	$941	$1.8M	10x	as long as short
HTX GLW-USDT	0.0000%	8h	161.47	+0.273%	$17K	$16K	20x	as long as short
Vest GLW-USD-PERP	+0.0046%	1h	161.21	+0.112%	—	—	10x	as long as short
QFEX GLW-USD	+0.0050%	1h	161.21	+0.112%	$1.1M	$1.9M	10x	as long as short
Ondo Perps GLW-USD.P	+0.0050%	1h	161.10	+0.043%	$301K	$108K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT GLW_USDT_Perp	+0.0053%	8h	161.38	+0.218%	$87	$191K	10x	as long as short
KuCoin GLWUSDTM	+0.0100%	8h	161.01	−0.012%	$324K	$929K	20x	as long as short
Orderly PERP_GLW_USDC_mythos	+0.0100%	8h	161.19	+0.099%	$2K	$2K	10x	as long as short
OKX GLW-USDT-SWAP	+0.0192%	8h	160.94	−0.056%	$2.3M	$4.4M	20x	as long as short
Binance GLWUSDTlong	+0.0241%	8h	161.03	long leg	$10.6M	$21.9M	20x
Extended GLW-USD	+0.0248%	1h	160.98	−0.030%	$2K	$1K	10x	as long as short
BloFin GLW-USDT	+0.0276%	8h	161.33	+0.186%	$154K	$36K	20x	as long as short