Funding you earn now, next payment 08:00 UTC+0.0310%/8h= +33.9% APRnext payment +$3.10 per $10,000 · paid last 24h +0.085%
Price spread now: BloFin against KuCoin+0.105%80s7-day average +0.103% · you sell dearer than you buy
Net, funding: paid 7d − costs−$854as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$8588.580% of the position
Funding, last 7 days+0.041%+$4 on $10k
+Price spread, last 4 days (all we have)−0.065%−$6 · spread now +0.105%, 7d avg +0.103%
=The price spread sits at its 7-day average of +0.103%, so right now this pair is about funding alone: +$9 a day on $10k at the current rate. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.041% in total (about 2.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.10 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 | KuCoin GLWUSDTM | 162.04 | 0.0100 | pay 0.0100% / 8h | 5h 25m | $327K | $945K | 20x |
| Short | BloFin GLW-USDT | 162.21 | 0.0410 | get 0.0410% / 8h | 5h 25m | $155K | $36K | 20x |
KuCoin GLWUSDTM
BloFin GLW-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against KuCoin. 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
- $65
- Price spread: +0.105% → +0.103%
- $0.19
- Slippage, 4 orders
- −$834
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$792.82
- Costs to cover
- 8.580%
- Break-even
- 92.4 days
Slippage from KuCoin: live order book, 29 min ago; BloFin: live order book, 11 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 KuCoin live order book, 29 min ago | 5.55 bp | 408.9 bp −$409 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 11 min ago | 1.54 bp | 11.5 bp −$11 | 24.1 bp −$241 | 80.6 bp −$8,062 | 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 | −0.0623% | 1h | 161.98 | −0.038% | $322K | $37K | 10x | as long as short |
| Aster GLWUSDT | 0.0000% | 8h | 162.28 | +0.146% | $41K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 162.18 | +0.086% | $930K | $198K | 25x | as long as short |
| Gate GLW_USDT | 0.0000% | 8h | 162.11 | +0.043% | $2.2M | $4.3M | 50x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 162.11 | +0.043% | $1K | $1.8M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 162.26 | +0.136% | $17K | $16K | 20x | as long as short |
| QFEX GLW-USD | +0.0044% | 1h | 162.19 | +0.093% | $1.1M | $2.1M | 10x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 162.10 | +0.037% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 162.11 | +0.043% | $304K | $107K | 10x | as long as short |
| KuCoin GLWUSDTMlong | +0.0100% | 8h | 162.04 | long leg | $327K | $945K | 20x |
Paragon para:GLW
Aster GLWUSDT
Bybit GLWUSDT
Gate GLW_USDT
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 | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 162.21 | +0.105% | $2K | $2K | 10x | as long as short |
| GRVT GLW_USDT_Perp | +0.0148% | 8h | 162.29 | +0.155% | $388 | $174K | 10x | as long as short |
| OKX GLW-USDT-SWAP | +0.0247% | 8h | 162.33 | +0.179% | $2.3M | $4.4M | 20x | as long as short |
| Bitget GLWUSDT | +0.0264% | 8h | 162.15 | +0.068% | $2.2M | $817K | 20x | as long as short |
| BloFin GLW-USDTshort | +0.0410% | 8h | 162.21 | +0.105% | $155K | $36K | 20x | |
| Extended GLW-USD | +0.0416% | 1h | 162.22 | +0.113% | $2K | $1K | 10x | as long as short |
| Binance GLWUSDT | +0.0420% | 8h | 162.23 | +0.117% | $10.8M | $21.7M | 20x | as long as short |
Orderly PERP_GLW_USDC_mythos
GRVT GLW_USDT_Perp
OKX GLW-USDT-SWAP
Bitget GLWUSDT
Extended GLW-USD
Binance GLWUSDT