Funding you earn now, next payment 08:00 UTC−0.0146%/8h= −16.0% APRnext payment −$1.46 per $10,000 · paid last 24h −0.043%
Price spread now: KuCoin against OKX−0.197%7-day average −0.091% · you buy dearer than you sell
Net, funding: paid 7d − costs−$849as in the Funding arb table
Net, price: spread back to 7d avg − costs−$873as in the Price arb table
costs, in and out, $10k−$8638.628% of the position
Funding, last 7 days+0.135%+$14 on $10k
+Price spread, last 4 days (all we have)+0.409%+$41 · spread now −0.197%, 7d avg −0.091%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and KuCoin is 0.106% cheaper against OKX than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.091%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.135%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX GLW-USDT-SWAP | 162.33 | 0.0246 | pay 0.0246% / 8h | 5h 24m | $2.3M | $4.4M | 20x |
| Short | KuCoin GLWUSDTM | 162.01 | 0.0100 | get 0.0100% / 8h | 5h 24m | $326K | $944K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against OKX. 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
- −$30.69
- Price spread: −0.197% → −0.091%
- −$10.57
- Slippage, 4 orders
- −$840.81
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$904.07
- Costs to cover
- 8.628%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; KuCoin: live order book, 30 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 OKX live order book, 4 min ago | 1.54 bp | 13.5 bp −$13 | 31.9 bp −$319 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 30 min ago | 5.55 bp | 428.6 bp −$429 | 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 | −0.0627% | 1h | 161.99 | −0.211% | $322K | $37K | 10x | as long as short |
| Aster GLWUSDT | 0.0000% | 8h | 162.30 | −0.017% | $41K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 162.21 | −0.074% | $931K | $198K | 25x | as long as short |
| Gate GLW_USDT | 0.0000% | 8h | 162.13 | −0.123% | $2.2M | $4.3M | 50x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 162.14 | −0.117% | $1K | $1.8M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 162.26 | −0.043% | $17K | $16K | 20x | as long as short |
| QFEX GLW-USD | +0.0044% | 1h | 162.19 | −0.086% | $1.1M | $2.1M | 10x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 162.10 | −0.142% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 161.94 | −0.240% | $304K | $107K | 10x | as long as short |
| KuCoin GLWUSDTMshort | +0.0100% | 8h | 162.01 | −0.197% | $326K | $944K | 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 | 162.24 | −0.055% | $2K | $2K | 10x | as long as short |
| GRVT GLW_USDT_Perp | +0.0158% | 8h | 162.24 | −0.057% | $388 | $174K | 10x | as long as short |
| OKX GLW-USDT-SWAPlong | +0.0246% | 8h | 162.33 | long leg | $2.3M | $4.4M | 20x | |
| Bitget GLWUSDT | +0.0261% | 8h | 162.15 | −0.111% | $2.2M | $817K | 20x | as long as short |
| BloFin GLW-USDT | +0.0405% | 8h | 162.19 | −0.086% | $110K | $36K | 20x | as long as short |
| Binance GLWUSDT | +0.0421% | 8h | 162.30 | −0.016% | $10.8M | $21.7M | 20x | as long as short |
| Extended GLW-USD | +0.0424% | 1h | 162.22 | −0.067% | $2K | $1K | 10x | as long as short |
OKX GLW-USDT-SWAP
KuCoin GLWUSDTM
Paragon para:GLW
Aster GLWUSDT
Bybit GLWUSDT
Gate GLW_USDT
SunX GLW-USDT
HTX GLW-USDT
GRVT GLW_USDT_Perp
Bitget GLWUSDT
BloFin GLW-USDT
Binance GLWUSDT
Extended GLW-USD