Funding you earn now, next payment 08:00 UTC+0.0262%/8h= +28.7% APRnext payment +$2.62 per $10,000 · paid last 24h +0.019%
Price spread now: Bitget against Bybit−0.018%7-day average +0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$780.780% of the position
Funding, last 7 days+0.206%+$21 on $10k
+Price spread, last 4 days (all we have)+0.298%+$30 · spread now −0.018%, 7d avg +0.045%
=Funding pays, the price is against you. Bitget is 0.063% cheaper against Bybit than usual: you would sell low and buy high (spread −0.018% now, against its 7-day average of +0.045%). If the spread goes back, that is −$6 on $10k: about 19 hours of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.206% in total) that is about 2.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit GLWUSDT | 162.29 | 0 | get 0.0000% / 8h | 5h 30m | $931K | $198K | 25x |
| Short | Bitget GLWUSDT | 162.26 | 0.0262 | get 0.0262% / 8h | 5h 30m | $2.2M | $817K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Bybit. 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
- $55.02
- Price spread: −0.018% → +0.045%
- −$6.31
- Slippage, 4 orders
- −$55.05
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$29.34
- Costs to cover
- 0.780%
- Break-even
- 10.7 days
Slippage from Bybit: live order book, 29 min ago; Bitget: 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 Bybit live order book, 29 min ago | 4.33 bp | 21.2 bp −$21 | 198.7 bp −$1,987 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 1.85 bp | 19.2 bp −$19 | 52.1 bp −$521 | 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 | −0.0604% | 1h | 162.06 | −0.139% | $322K | $37K | 10x | as long as short |
| Aster GLWUSDT | 0.0000% | 8h | 162.33 | +0.027% | $41K | $1K | 20x | as long as short |
| Bybit GLWUSDTlong | 0.0000% | 8h | 162.29 | long leg | $931K | $198K | 25x | |
| Gate GLW_USDT | 0.0000% | 8h | 162.18 | −0.068% | $2.2M | $4.3M | 50x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 162.28 | −0.006% | $940 | $1.8M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 162.25 | −0.025% | $17K | $16K | 20x | as long as short |
| QFEX GLW-USD | +0.0044% | 1h | 162.26 | −0.018% | $1.1M | $2.1M | 10x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 162.15 | −0.086% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 162.01 | −0.173% | $304K | $107K | 10x | as long as short |
| KuCoin GLWUSDTM | +0.0100% | 8h | 162.16 | −0.080% | $326K | $947K | 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 | 162.31 | +0.012% | $2K | $2K | 10x | as long as short |
| GRVT GLW_USDT_Perp | +0.0133% | 8h | 162.23 | −0.036% | $513 | $173K | 10x | as long as short |
| OKX GLW-USDT-SWAP | +0.0245% | 8h | 162.33 | +0.025% | $2.3M | $4.4M | 20x | as long as short |
| Bitget GLWUSDTshort | +0.0262% | 8h | 162.26 | −0.018% | $2.2M | $817K | 20x | |
| BloFin GLW-USDT | +0.0395% | 8h | 162.30 | +0.006% | $155K | $36K | 20x | as long as short |
| Extended GLW-USD | +0.0416% | 1h | 162.28 | −0.004% | $2K | $1K | 10x | as long as short |
| Binance GLWUSDT | +0.0417% | 8h | 162.32 | +0.018% | $10.8M | $21.7M | 20x | as long as short |
Bybit GLWUSDT
Bitget GLWUSDT
Paragon para:GLW
Aster GLWUSDT
Gate GLW_USDT
SunX GLW-USDT
HTX GLW-USDT
KuCoin GLWUSDTM
GRVT GLW_USDT_Perp
OKX GLW-USDT-SWAP
BloFin GLW-USDT
Extended GLW-USD
Binance GLWUSDT