Funding you earn now, next payment 08:00 UTC+0.0113%/8h= +12.4% APRnext payment +$1.13 per $10,000 · paid last 24h +0.096%
Price spread now: BloFin against Bitget−0.012%7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$570.574% of the position
Funding, last 7 days+0.123%+$12 on $10k
+Price spread, last 4 days (all we have)+0.009%+$1 · spread now −0.012%, 7d avg +0.014%
=Funding pays, the price is against you. BloFin is 0.026% cheaper against Bitget than usual: you would sell low and buy high (spread −0.012% now, against its 7-day average of +0.014%). If the spread goes back, that is −$3 on $10k: about 18 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget GLWUSDT | 162.29 | 0.0220 | pay 0.0220% / 8h | 4h 39m | $2.2M | $848K | 20x |
| Short | BloFin GLW-USDT | 162.27 | 0.0333 | get 0.0333% / 8h | 4h 39m | $155K | $36K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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
- $23.82
- Price spread: −0.012% → +0.014%
- −$2.61
- Slippage, 4 orders
- −$33.43
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$36.22
- Costs to cover
- 0.574%
- Break-even
- 17.6 days
Slippage from Bitget: live order book, 3 min ago; BloFin: live order book, 58 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 Bitget live order book, 3 min ago | 2.77 bp | 17.7 bp −$18 | 30.8 bp −$308 | 139.2 bp −$13.9K | doesn't fit |
| Sell BloFin live order book, 58 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 | −0.0405% | 1h | 162.18 | −0.068% | $322K | $37K | 10x | as long as short |
| Aster GLWUSDT | 0.0000% | 8h | 162.51 | +0.137% | $41K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 162.26 | −0.018% | $931K | $200K | 25x | as long as short |
| Gate GLW_USDT | 0.0000% | 8h | 162.20 | −0.055% | $2.2M | $4.3M | 50x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 162.21 | −0.049% | $855 | $1.8M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 162.35 | +0.037% | $17K | $16K | 20x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 162.26 | −0.018% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 162.09 | −0.123% | $303K | $108K | 10x | as long as short |
| QFEX GLW-USD | +0.0078% | 1h | 162.28 | −0.006% | $1.1M | $2.0M | 10x | as long as short |
| KuCoin GLWUSDTM | +0.0100% | 8h | 162.26 | −0.018% | $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 | 162.34 | +0.031% | $2K | $2K | 10x | as long as short |
| GRVT GLW_USDT_Perp | +0.0139% | 8h | 162.33 | +0.025% | $19 | $180K | 10x | as long as short |
| Bitget GLWUSDTlong | +0.0220% | 8h | 162.29 | long leg | $2.2M | $848K | 20x | |
| OKX GLW-USDT-SWAP | +0.0247% | 8h | 162.40 | +0.068% | $2.3M | $4.4M | 20x | as long as short |
| BloFin GLW-USDTshort | +0.0333% | 8h | 162.27 | −0.012% | $155K | $36K | 20x | |
| Extended GLW-USD | +0.0360% | 1h | 162.32 | +0.021% | $2K | $1K | 10x | as long as short |
| Binance GLWUSDT | +0.0362% | 8h | 162.37 | +0.049% | $10.7M | $21.9M | 20x | as long as short |
Bitget GLWUSDT
BloFin GLW-USDT
Paragon para:GLW
Aster GLWUSDT
Bybit GLWUSDT
Gate GLW_USDT
SunX GLW-USDT
HTX GLW-USDT
KuCoin GLWUSDTM
GRVT GLW_USDT_Perp
OKX GLW-USDT-SWAP
Extended GLW-USD
Binance GLWUSDT