Funding you earn now, next payment 08:00 UTC−0.0087%/8h= −9.6% APRnext payment −$0.87 per $10,000 · paid last 24h −0.065%
Price spread now: Gate against BloFin−0.107%7-day average −0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$530.525% of the position
Funding, last 7 days−0.204%−$20 on $10k
+Price spread, last 4 days (all we have)+0.094%+$9 · spread now −0.107%, 7d avg −0.063%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.044% cheaper against BloFin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.063%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin GLW-USDT | 158.96 | 0.0087 | pay 0.0087% / 8h | 2h 47m | $148K | $37K | 20x |
| Short | Gate GLW_USDT | 158.79 | 0 | get 0.0000% / 8h | 2h 47m | $2.2M | $4.3M | 50x |
BloFin GLW-USDT
Gate GLW_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$18.36
- Price spread: −0.107% → −0.063%
- −$4.36
- Slippage, 4 orders
- −$25.54
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$75.26
- Costs to cover
- 0.525%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 32 min ago; Gate: live order book, 1 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, 32 min ago | 1.25 bp | 11.6 bp −$12 | 28.0 bp −$280 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 4.41 bp | 13.8 bp −$14 | 156.0 bp −$1,560 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget GLWUSDT | −0.0356% | 8h | 158.84 | −0.075% | $2.1M | $830K | 20x | as long as short |
| Aster GLWUSDT | 0.0000% | 8h | 158.90 | −0.036% | $40K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 158.71 | −0.157% | $911K | $215K | 25x | as long as short |
| Gate GLW_USDTshort | 0.0000% | 8h | 158.79 | −0.107% | $2.2M | $4.3M | 50x | |
| GRVT GLW_USDT_Perp | 0.0000% | 8h | 159.45 | +0.308% | $142 | $201K | 10x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 159.03 | +0.044% | $1K | $1.7M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 159.00 | +0.025% | $16K | $16K | 20x | as long as short |
| QFEX GLW-USD | +0.0032% | 1h | 158.91 | −0.031% | $1.1M | $1.8M | 10x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 158.95 | −0.006% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 158.71 | −0.157% | $290K | $117K | 10x | as long as short |
Bitget GLWUSDT
Aster GLWUSDT
Bybit GLWUSDT
GRVT GLW_USDT_Perp
SunX GLW-USDT
HTX GLW-USDT
QFEX GLW-USD
Vest GLW-USD-PERP
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 | 158.86 | −0.063% | $309K | $41K | 10x | as long as short |
| OKX GLW-USDT-SWAP | +0.0084% | 8h | 158.83 | −0.082% | $2.2M | $4.5M | 20x | as long as short |
| BloFin GLW-USDTlong | +0.0087% | 8h | 158.96 | long leg | $148K | $37K | 20x | |
| KuCoin GLWUSDTM | +0.0100% | 8h | 158.93 | −0.019% | $320K | $913K | 20x | as long as short |
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 158.90 | −0.038% | $2K | $2K | 10x | as long as short |
| Binance GLWUSDT | +0.0110% | 8h | 158.72 | −0.151% | $10.3M | $22.7M | 20x | as long as short |
| Extended GLW-USD | +0.0112% | 1h | 158.88 | −0.050% | $2K | $1K | 10x | as long as short |
Paragon para:GLW
OKX GLW-USDT-SWAP
KuCoin GLWUSDTM
Orderly PERP_GLW_USDC_mythos
Binance GLWUSDT
Extended GLW-USD