Funding you earn now, next payment 08:00 UTC−0.0552%/8h= −60.4% APRnext payment −$5.52 per $10,000 · paid last 24h −0.072%
Price spread now: Gate against Binance−0.142%7-day average −0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$610.607% of the position
Funding, last 7 days−0.202%−$20 on $10k
+Price spread, last 2 days (all we have)+0.073%+$7 · spread now −0.142%, 7d avg −0.075%
=Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Gate is 0.067% cheaper against Binance than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.075%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.202% in total (about -10.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.52 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 | Binance GLWUSDT | 162.24 | 0.0552 | pay 0.0552% / 8h | 7h 04m | $10.8M | $21.6M | 20x |
| Short | Gate GLW_USDT | 162.01 | 0 | get 0.0000% / 8h | 7h 04m | $2.2M | $4.3M | 50x |
Binance GLWUSDT
Gate GLW_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Binance. 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
- −$115.86
- Price spread: −0.142% → −0.075%
- −$6.73
- Slippage, 4 orders
- −$35.66
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$183.24
- Costs to cover
- 0.607%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; Gate: 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, 6 min ago | 0.62 bp | 11.0 bp −$11 | 32.6 bp −$326 | 143.4 bp −$14.3K | doesn't fit |
| Sell Gate live order book, 4 min ago | 7.42 bp | 17.1 bp −$17 | 197.3 bp −$1,973 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster GLWUSDT | 0.0000% | 8h | 162.14 | −0.059% | $41K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 162.00 | −0.148% | $934K | $194K | 25x | as long as short |
| Gate GLW_USDTshort | 0.0000% | 8h | 162.01 | −0.142% | $2.2M | $4.3M | 50x | |
| SunX GLW-USDT | 0.0000% | 8h | 162.05 | −0.118% | $964 | $1.9M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 162.03 | −0.130% | $17K | $16K | 20x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 162.04 | −0.124% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 161.90 | −0.210% | $303K | $109K | 10x | as long as short |
| QFEX GLW-USD | +0.0052% | 1h | 162.20 | −0.025% | $1.2M | $2.3M | 10x | as long as short |
| Paragon para:GLW | +0.0060% | 1h | 161.97 | −0.170% | $322K | $38K | 10x | as long as short |
| KuCoin GLWUSDTM | +0.0100% | 8h | 161.97 | −0.167% | $325K | $988K | 20x | as long as short |
Aster GLWUSDT
Bybit GLWUSDT
SunX GLW-USDT
HTX GLW-USDT
Vest GLW-USD-PERP
Ondo Perps GLW-USD.P
QFEX GLW-USD
Paragon para:GLW
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 | 162.15 | −0.056% | $2K | $2K | 10x | as long as short |
| GRVT GLW_USDT_Perp | +0.0182% | 8h | 161.96 | −0.173% | $100 | $168K | 10x | as long as short |
| OKX GLW-USDT-SWAP | +0.0228% | 8h | 162.21 | −0.019% | $2.3M | $4.4M | 20x | as long as short |
| Bitget GLWUSDT | +0.0389% | 8h | 162.15 | −0.056% | $2.2M | $806K | 20x | as long as short |
| BloFin GLW-USDT | +0.0529% | 8h | 162.12 | −0.074% | $151K | $36K | 20x | as long as short |
| Extended GLW-USD | +0.0544% | 1h | 162.19 | −0.029% | $2K | $2K | 10x | as long as short |
| Binance GLWUSDTlong | +0.0552% | 8h | 162.24 | long leg | $10.8M | $21.6M | 20x |
Orderly PERP_GLW_USDC_mythos
GRVT GLW_USDT_Perp
OKX GLW-USDT-SWAP
Bitget GLWUSDT
BloFin GLW-USDT
Extended GLW-USD