Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.049%
Price spread now: KuCoin against Gate+0.130%7-day average −0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$814as in the Funding arb table
Net, price: spread back to 7d avg − costs−$813as in the Price arb table
costs, in and out, $10k−$8308.304% of the position
Funding, last 7 days+0.162%+$16 on $10k
+Price spread, last 4 days (all we have)−0.167%−$17 · spread now +0.130%, 7d avg −0.046%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.177% dearer against Gate than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of −0.046%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate GLW_USDT | 161.06 | 0 | get 0.0000% / 8h | 13m 53s | $2.2M | $4.2M | 50x |
| Short | KuCoin GLWUSDTM | 161.27 | 0.0100 | get 0.0100% / 8h | 13m 53s | $323K | $999K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21
- Price spread: +0.130% → −0.046%
- $17.68
- Slippage, 4 orders
- −$803.41
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$791.73
- Costs to cover
- 8.304%
- Break-even
- 270.9 days
Slippage from Gate: live order book, 4 min ago; KuCoin: live order book, 56 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 | 6.51 bp | 19.2 bp −$19 | 252.6 bp −$2,526 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 56 min ago | 0.63 bp | 374.6 bp −$375 | doesn't fit | 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 | −0.0022% | 1h | 161.19 | +0.079% | $321K | $29K | 10x | as long as short |
| Aster GLWUSDT | 0.0000% | 8h | 161.47 | +0.256% | $41K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 161.26 | +0.124% | $923K | $196K | 25x | as long as short |
| Gate GLW_USDTlong | 0.0000% | 8h | 161.06 | long leg | $2.2M | $4.2M | 50x | |
| SunX GLW-USDT | 0.0000% | 8h | 161.31 | +0.155% | $918 | $2.0M | 10x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 161.29 | +0.143% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 161.28 | +0.137% | $301K | $105K | 10x | as long as short |
| QFEX GLW-USD | +0.0065% | 1h | 161.15 | +0.056% | $1.1M | $2.2M | 10x | as long as short |
| HTX GLW-USDT | +0.0100% | 8h | 161.44 | +0.236% | $17K | $16K | 20x | as long as short |
| KuCoin GLWUSDTMshort | +0.0100% | 8h | 161.27 | +0.130% | $323K | $999K | 20x |
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 | 161.17 | +0.068% | $2K | $2K | 10x | as long as short |
| Bitget GLWUSDT | +0.0199% | 8h | 161.14 | +0.050% | $2.2M | $935K | 20x | as long as short |
| OKX GLW-USDT-SWAP | +0.0265% | 8h | 161.16 | +0.062% | $2.3M | $4.5M | 20x | as long as short |
| BloFin GLW-USDT | +0.0568% | 8h | 161.49 | +0.267% | $151K | $35K | 20x | as long as short |
| Extended GLW-USD | +0.0584% | 1h | 161.14 | +0.050% | $2K | $2K | 10x | as long as short |
| Binance GLWUSDT | +0.0587% | 8h | 161.16 | +0.065% | $11.0M | $21.1M | 20x | as long as short |
| GRVT GLW_USDT_Perp | +0.0630% | 8h | 161.34 | +0.172% | $97 | $174K | 10x | as long as short |
Gate GLW_USDT
KuCoin GLWUSDTM
Paragon para:GLW
Aster GLWUSDT
Bybit GLWUSDT
SunX GLW-USDT
HTX GLW-USDT
Bitget GLWUSDT
OKX GLW-USDT-SWAP
BloFin GLW-USDT
Extended GLW-USD
Binance GLWUSDT
GRVT GLW_USDT_Perp