Funding you earn now, next payment 06:00 UTC+0.0989%/8h= +108.3% APRpaid last 24h −0.003%
Price spread now: Ondo Perps against Bitget−0.132%7-day average −0.084% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.033%+$3 on $10k
+Price spread, last 4 days (all we have)+0.217%+$22 · spread now −0.132%, 7d avg −0.084%
=Together, before fees+0.250%+ Points / potential airdropOndo Perps: Active · farm board+$25 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.049% cheaper against Bitget than usual: you would sell low and buy high (spread −0.132% now, against its 7-day average of −0.084%). If the spread goes back, that is −$5 on $10k: about 4 hours of funding at the current rate (+$30 a day). At the pace of the last 7 days (+0.033% in total) that is about 10 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.033% in total (about 1.7% a year). A funding rate is set anew for every payment. 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 | Bitget GLWUSDT | 158.51 | −0.0939 | get 0.0939% / 8h | 2h 04m | $2.1M | $882K | 20x |
| Short | Ondo Perps GLW-USD.P | 158.30 | 0.0050 | get 0.0006% / 1h | 4m 29s | $289K | $118K | 10x |
Bitget GLWUSDT
Ondo Perps GLW-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps 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
- $207.77
- Price spread: −0.132% → −0.084%
- −$4.85
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- $185.92
- Costs to cover
- 0.170%
- Break-even
- 0.7 days
Slippage unknown: Bitget: live order book, 3 min ago; Ondo Perps: no order-book sample. 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 Bitget live order book, 3 min ago | 4.10 bp | 13.8 bp −$14 | 27.3 bp −$273 | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget GLWUSDTlong | −0.0939% | 8h | 158.51 | long leg | $2.1M | $882K | 20x | |
| Gate GLW_USDT | −0.0205% | 8h | 158.38 | −0.082% | $2.2M | $4.4M | 50x | as long as short |
| Aster GLWUSDT | 0.0000% | 8h | 158.59 | +0.053% | $40K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 158.46 | −0.032% | $914K | $224K | 25x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 158.36 | −0.095% | $948 | $1.7M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 158.52 | +0.006% | $16K | $16K | 20x | as long as short |
| GRVT GLW_USDT_Perp | +0.0027% | 8h | 158.55 | +0.025% | $680 | $207K | 10x | as long as short |
| QFEX GLW-USD | +0.0032% | 1h | 158.50 | −0.006% | $1.1M | $1.8M | 10x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 158.33 | −0.114% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.Pshort | +0.0050% | 1h | 158.30 | −0.132% | $289K | $118K | 10x |
Gate GLW_USDT
Aster GLWUSDT
Bybit GLWUSDT
SunX GLW-USDT
HTX GLW-USDT
GRVT GLW_USDT_Perp
QFEX GLW-USD
Vest GLW-USD-PERPShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin GLW-USDT | +0.0052% | 8h | 158.56 | +0.032% | $146K | $38K | 20x | as long as short |
| Paragon para:GLW | +0.0060% | 1h | 158.32 | −0.117% | $308K | $41K | 10x | as long as short |
| Binance GLWUSDT | +0.0072% | 8h | 158.50 | −0.006% | $10.4M | $23.4M | 20x | as long as short |
| Extended GLW-USD | +0.0072% | 1h | 158.48 | −0.017% | $2K | $1K | 10x | as long as short |
| KuCoin GLWUSDTM | +0.0100% | 8h | 158.33 | −0.114% | $319K | $896K | 20x | as long as short |
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 158.49 | −0.013% | $2K | $2K | 10x | as long as short |
| OKX GLW-USDT-SWAP | +0.0119% | 8h | 158.48 | −0.019% | $2.2M | $4.7M | 20x | as long as short |
BloFin GLW-USDT
Paragon para:GLW
Binance GLWUSDT
Extended GLW-USD
KuCoin GLWUSDTM
Orderly PERP_GLW_USDC_mythos
OKX GLW-USDT-SWAP