Funding you earn now, next payment 08:00 UTC−0.0329%/8h= −36.1% APRnext payment −$3.29 per $10,000 · paid last 24h −0.115%
Price spread now: Bybit against BloFin−0.037%7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$570.567% of the position
Funding, last 7 days−0.328%−$33 on $10k
+Price spread, last 4 days (all we have)+0.020%+$2 · spread now −0.037%, 7d avg −0.056%
=The price spread sits at its 7-day average of −0.056%, so right now this pair is about funding alone: −$10 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin GLW-USDT | 162.33 | 0.0329 | pay 0.0329% / 8h | 4h 12m | $154K | $36K | 20x |
| Short | Bybit GLWUSDT | 162.27 | 0 | get 0.0000% / 8h | 4h 12m | $932K | $200K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$69.16
- Price spread: −0.037% → −0.056%
- $1.95
- Slippage, 4 orders
- −$33.65
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$123.86
- Costs to cover
- 0.567%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 17 min ago; Bybit: live order book, 43 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, 17 min ago | 0.31 bp | 9.5 bp −$10 | 21.0 bp −$210 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 43 min ago | 4.31 bp | 21.8 bp −$22 | 173.6 bp −$1,736 | 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 | −0.0359% | 1h | 162.08 | −0.154% | $322K | $37K | 10x | as long as short |
| Aster GLWUSDT | 0.0000% | 8h | 162.44 | +0.070% | $41K | $1K | 20x | as long as short |
| Bybit GLWUSDTshort | 0.0000% | 8h | 162.27 | −0.037% | $932K | $200K | 25x | |
| Gate GLW_USDT | 0.0000% | 8h | 162.13 | −0.123% | $2.2M | $4.3M | 50x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 162.24 | −0.055% | $1K | $1.8M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 162.28 | −0.031% | $17K | $16K | 20x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 162.21 | −0.074% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 162.19 | −0.086% | $303K | $108K | 10x | as long as short |
| QFEX GLW-USD | +0.0078% | 1h | 162.22 | −0.068% | $1.1M | $2.0M | 10x | as long as short |
| KuCoin GLWUSDTM | +0.0100% | 8h | 162.26 | −0.043% | $326K | $929K | 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 | 162.23 | −0.062% | $2K | $2K | 10x | as long as short |
| GRVT GLW_USDT_Perp | +0.0118% | 8h | 162.24 | −0.054% | $131 | $186K | 10x | as long as short |
| Bitget GLWUSDT | +0.0158% | 8h | 162.29 | −0.025% | $2.2M | $850K | 20x | as long as short |
| OKX GLW-USDT-SWAP | +0.0232% | 8h | 162.33 | 0.000% | $2.3M | $4.4M | 20x | as long as short |
| Extended GLW-USD | +0.0312% | 1h | 162.25 | −0.051% | $2K | $1K | 10x | as long as short |
| Binance GLWUSDT | +0.0315% | 8h | 162.30 | −0.018% | $10.7M | $21.8M | 20x | as long as short |
| BloFin GLW-USDTlong | +0.0329% | 8h | 162.33 | long leg | $154K | $36K | 20x |
BloFin GLW-USDT
Bybit GLWUSDT
Paragon para:GLW
Aster GLWUSDT
Gate GLW_USDT
SunX GLW-USDT
HTX GLW-USDT
KuCoin GLWUSDTM
GRVT GLW_USDT_Perp
Bitget GLWUSDT
OKX GLW-USDT-SWAP
Extended GLW-USD
Binance GLWUSDT