Funding you earn now, next payment 08:00 UTC−0.0623%/8h= −68.2% APRnext payment −$6.23 per $10,000 · paid last 24h +0.020%
Price spread now: Gate against KuCoin+0.044%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$835as in the Funding arb table
Net, price: spread back to 7d avg − costs−$818as in the Price arb table
costs, in and out, $10k−$8188.184% of the position
Funding, last 7 days−0.162%−$16 on $10k
+Price spread, last 4 days (all we have)+0.017%+$2 · spread now +0.044%, 7d avg +0.040%
=The price spread sits at its 7-day average of +0.040%, so right now this pair is about funding alone: −$19 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 -0.162% in total (about -8.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.23 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 | 157.58 | 0.0100 | pay 0.0100% / 8h | 34m 47s | $315K | $865K | 20x |
| Short | Gate GLW_USDT | 157.65 | −0.0523 | pay 0.0523% / 8h | 34m 47s | $2.2M | $4.4M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$130.83
- Price spread: +0.044% → +0.040%
- $0.4
- Slippage, 4 orders
- −$791.38
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$948.81
- Costs to cover
- 8.184%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 59 min ago; Gate: 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 KuCoin live order book, 59 min ago | 1.60 bp | 275.0 bp −$275 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 9.18 bp | 86.1 bp −$86 | 340.9 bp −$3,409 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget GLWUSDT | −0.0979% | 8h | 157.79 | +0.133% | $2.1M | $944K | 20x | as long as short |
| Gate GLW_USDTshort | −0.0523% | 8h | 157.65 | +0.044% | $2.2M | $4.4M | 50x | |
| BloFin GLW-USDT | −0.0029% | 8h | 157.82 | +0.152% | $148K | $40K | 20x | as long as short |
| Aster GLWUSDT | 0.0000% | 8h | 158.37 | +0.500% | $40K | $1K | 20x | as long as short |
| Extended GLW-USD | 0.0000% | 1h | 157.75 | +0.106% | $2K | $1K | 10x | as long as short |
| Binance GLWUSDT | 0.0000% | 8h | 157.73 | +0.095% | $10.4M | $24.6M | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 157.77 | +0.121% | $899K | $239K | 25x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 157.79 | +0.133% | $1K | $1.7M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 157.89 | +0.197% | $16K | $15K | 20x | as long as short |
| GRVT GLW_USDT_Perp | +0.0034% | 8h | 157.90 | +0.201% | $453 | $215K | 10x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX GLW-USD | +0.0042% | 1h | 157.78 | +0.127% | $1.1M | $1.7M | 10x | as long as short |
| Paragon para:GLW | +0.0044% | 1h | 157.63 | +0.033% | $307K | $41K | 10x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 157.67 | +0.057% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 157.76 | +0.114% | $279K | $124K | 10x | as long as short |
| KuCoin GLWUSDTMlong | +0.0100% | 8h | 157.58 | long leg | $315K | $865K | 20x | |
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 157.70 | +0.076% | $2K | $2K | 10x | as long as short |
| OKX GLW-USDT-SWAP | +0.0105% | 8h | 157.82 | +0.152% | $2.2M | $4.8M | 20x | as long as short |
KuCoin GLWUSDTM
Gate GLW_USDT
Bitget GLWUSDT
BloFin GLW-USDT
Aster GLWUSDT
Extended GLW-USD
Binance GLWUSDT
Bybit GLWUSDT
SunX GLW-USDT
HTX GLW-USDT
GRVT GLW_USDT_Perp
Paragon para:GLW
OKX GLW-USDT-SWAP