Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Bybit−0.049%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$851as in the Funding arb table
Net, price: spread back to 7d avg − costs−$881as in the Price arb table
costs, in and out, $10k−$8808.800% of the position
Funding, last 7 days+0.287%+$29 on $10k
+Price spread, last 4 days (all we have)+0.073%+$7 · spread now −0.049%, 7d avg −0.043%
=The price spread sits at its 7-day average of −0.043%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit GLWUSDT | 162.17 | 0 | get 0.0000% / 8h | 5h 50m | $931K | $198K | 25x |
| Short | KuCoin GLWUSDTM | 162.09 | 0.0100 | get 0.0100% / 8h | 5h 50m | $326K | $955K | 20x |
Bybit GLWUSDT
KuCoin GLWUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21
- Price spread: −0.049% → −0.043%
- −$0.66
- Slippage, 4 orders
- −$856.97
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$859.64
- Costs to cover
- 8.800%
- Break-even
- 293.5 days
Slippage from Bybit: live order book, 9 min ago; KuCoin: live order book, 3 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, 9 min ago | 4.33 bp | 21.2 bp −$21 | 198.7 bp −$1,987 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 5.55 bp | 428.6 bp −$429 | doesn't fit | doesn't fit | doesn't fit |
GLW on 16 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 | −0.0594% | 1h | 161.98 | −0.116% | $322K | $37K | 10x | as long as short |
| Aster GLWUSDT | 0.0000% | 8h | 162.35 | +0.109% | $41K | $1K | 20x | as long as short |
| Bybit GLWUSDTlong | 0.0000% | 8h | 162.17 | long leg | $931K | $198K | 25x | |
| Gate GLW_USDT | 0.0000% | 8h | 162.09 | −0.049% | $2.2M | $4.3M | 50x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 162.03 | −0.086% | $1K | $1.8M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 162.26 | +0.055% | $17K | $16K | 20x | as long as short |
| QFEX GLW-USD | +0.0044% | 1h | 162.14 | −0.018% | $1.1M | $2.1M | 10x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 162.05 | −0.074% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 161.90 | −0.166% | $303K | $106K | 10x | as long as short |
| GRVT GLW_USDT_Perp | +0.0089% | 8h | 162.10 | −0.043% | $381 | $171K | 10x | as long as short |
Paragon para:GLW
Aster GLWUSDT
Gate GLW_USDT
SunX GLW-USDT
HTX GLW-USDT
QFEX GLW-USD
Vest GLW-USD-PERP
Ondo Perps GLW-USD.P
GRVT GLW_USDT_PerpShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GLWUSDTMshort | +0.0100% | 8h | 162.09 | −0.049% | $326K | $955K | 20x | |
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 162.22 | +0.031% | $2K | $2K | 10x | as long as short |
| OKX GLW-USDT-SWAP | +0.0224% | 8h | 162.31 | +0.086% | $2.3M | $4.4M | 20x | as long as short |
| Bitget GLWUSDT | +0.0282% | 8h | 162.14 | −0.018% | $2.2M | $816K | 20x | as long as short |
| Binance GLWUSDT | +0.0432% | 8h | 162.23 | +0.039% | $10.7M | $21.6M | 20x | as long as short |
| Extended GLW-USD | +0.0432% | 1h | 162.19 | +0.010% | $2K | $1K | 10x | as long as short |
Orderly PERP_GLW_USDC_mythos
OKX GLW-USDT-SWAP
Bitget GLWUSDT
Binance GLWUSDT
Extended GLW-USD