Funding you earn now, next payment 08:00 UTC+0.0301%/8h= +33.0% APRnext payment +$3.01 per $10,000 · paid last 24h −0.031%
Price spread now: Bitget against Gate+0.043%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$650.651% of the position
Funding, last 7 days+0.081%+$8 on $10k
+Price spread, last 7 days−0.002%$0 · spread now +0.043%, 7d avg +0.039%
=The price spread sits at its 7-day average of +0.039%, so right now this pair is about funding alone: +$9 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.081% in total (about 4.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.01 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate GLW_USDT | 161.38 | 0 | get 0.0000% / 8h | 7h 29m | $2.2M | $4.3M | 50x |
| Short | Bitget GLWUSDT | 161.45 | 0.0301 | get 0.0301% / 8h | 7h 29m | $2.2M | $796K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Gate. 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
- $63.21
- Price spread: +0.043% → +0.039%
- $0.39
- Slippage, 4 orders
- −$38.06
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$1.46
- Costs to cover
- 0.651%
- Break-even
- 7.2 days
Slippage from Gate: live order book, 4 min ago; Bitget: 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 Gate live order book, 4 min ago | 5.89 bp | 15.5 bp −$15 | 252.2 bp −$2,522 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 2.17 bp | 22.2 bp −$22 | 57.0 bp −$570 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster GLWUSDT | 0.0000% | 8h | 161.62 | +0.151% | $41K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 161.53 | +0.093% | $933K | $193K | 25x | as long as short |
| Gate GLW_USDTlong | 0.0000% | 8h | 161.38 | long leg | $2.2M | $4.3M | 50x | |
| GRVT GLW_USDT_Perp | 0.0000% | 8h | 161.46 | +0.048% | $168 | $170K | 10x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 161.42 | +0.025% | $1K | $1.9M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 161.55 | +0.105% | $17K | $16K | 20x | as long as short |
| Paragon para:GLW | +0.0045% | 1h | 161.38 | −0.002% | $331K | $33K | 10x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 161.51 | +0.081% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 161.23 | −0.093% | $300K | $107K | 10x | as long as short |
| QFEX GLW-USD | +0.0052% | 1h | 161.53 | +0.093% | $1.1M | $2.2M | 10x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GLWUSDTM | +0.0100% | 8h | 161.45 | +0.043% | $325K | $999K | 20x | as long as short |
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 161.50 | +0.074% | $2K | $2K | 10x | as long as short |
| OKX GLW-USDT-SWAP | +0.0246% | 8h | 161.66 | +0.174% | $2.3M | $4.4M | 20x | as long as short |
| Bitget GLWUSDTshort | +0.0301% | 8h | 161.45 | +0.043% | $2.2M | $796K | 20x | |
| BloFin GLW-USDT | +0.0525% | 8h | 161.44 | +0.037% | $151K | $35K | 20x | as long as short |
| Extended GLW-USD | +0.0544% | 1h | 161.48 | +0.062% | $2K | $2K | 10x | as long as short |
| Binance GLWUSDT | +0.0547% | 8h | 161.50 | +0.077% | $10.9M | $21.2M | 20x | as long as short |
Gate GLW_USDT
Bitget GLWUSDT
Aster GLWUSDT
Bybit GLWUSDT
GRVT GLW_USDT_Perp
SunX GLW-USDT
HTX GLW-USDT
Paragon para:GLW
KuCoin GLWUSDTM
OKX GLW-USDT-SWAP
BloFin GLW-USDT
Extended GLW-USD
Binance GLWUSDT