Funding you earn now, next payment 08:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.12 per $10,000 · paid last 24h +0.007%
Price spread now: Binance against BloFin+0.200%61s7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as 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−$450.448% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.216%−$22 · spread now +0.200%, 7d avg +0.005%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Binance is 0.196% dearer against BloFin than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of +0.005%. 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 | BloFin GLW-USDT | 158.86 | 0.0129 | pay 0.0129% / 8h | 3h 06m | $150K | $36K | 20x |
| Short | Binance GLWUSDT | 159.18 | 0.0141 | get 0.0141% / 8h | 3h 06m | $10.3M | $22.5M | 20x |
BloFin GLW-USDT
Binance GLWUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- $2.57
- Price spread: +0.200% → +0.005%
- $19.56
- Slippage, 4 orders
- −$22.82
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$22.7
- Costs to cover
- 0.448%
- Break-even
- 68.9 days
Slippage from BloFin: live order book, 13 min ago; Binance: live order book, 5 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 BloFin live order book, 13 min ago | 1.25 bp | 11.6 bp −$12 | 28.0 bp −$280 | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 1.89 bp | 13.5 bp −$13 | 31.1 bp −$311 | 104.6 bp −$10.5K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget GLWUSDT | −0.0130% | 8h | 159.09 | +0.145% | $2.1M | $871K | 20x | as long as short |
| Aster GLWUSDT | 0.0000% | 8h | 159.37 | +0.321% | $41K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 159.15 | +0.183% | $913K | $204K | 25x | as long as short |
| Gate GLW_USDT | 0.0000% | 8h | 159.06 | +0.126% | $2.2M | $4.3M | 50x | as long as short |
| GRVT GLW_USDT_Perp | 0.0000% | 8h | 158.75 | −0.069% | $303 | $199K | 10x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 158.79 | −0.044% | $1K | $1.8M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 158.90 | +0.025% | $16K | $16K | 20x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 159.03 | +0.107% | — | — | 10x | as long as short |
| QFEX GLW-USD | +0.0050% | 1h | 159.02 | +0.101% | $1.1M | $1.8M | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 158.59 | −0.170% | $288K | $118K | 10x | as long as short |
Bitget GLWUSDT
Aster GLWUSDT
Bybit GLWUSDT
Gate GLW_USDT
GRVT GLW_USDT_Perp
SunX GLW-USDT
HTX GLW-USDT
Vest GLW-USD-PERP
QFEX GLW-USD
Ondo Perps GLW-USD.PShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:GLW | +0.0060% | 1h | 158.95 | +0.058% | $310K | $41K | 10x | as long as short |
| KuCoin GLWUSDTM | +0.0100% | 8h | 159.13 | +0.170% | $321K | $917K | 20x | as long as short |
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 159.17 | +0.195% | $2K | $2K | 10x | as long as short |
| OKX GLW-USDT-SWAP | +0.0108% | 8h | 159.15 | +0.183% | $2.2M | $4.4M | 20x | as long as short |
| BloFin GLW-USDTlong | +0.0129% | 8h | 158.86 | long leg | $150K | $36K | 20x | |
| Binance GLWUSDTshort | +0.0141% | 8h | 159.18 | +0.200% | $10.3M | $22.5M | 20x | |
| Extended GLW-USD | +0.0144% | 1h | 159.15 | +0.185% | $2K | $1K | 10x | as long as short |
Paragon para:GLW
KuCoin GLWUSDTM
Orderly PERP_GLW_USDC_mythos
OKX GLW-USDT-SWAP
Extended GLW-USD