Funding you earn now, next payment 06:00 UTC+0.0021%/8h= +2.3% APRpaid last 24h +0.107%
Price spread now: Binance against Ondo Perps+0.178%7-day average +0.102% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.088%+$9 on $10k
+Price spread, last 4 days (all we have)−0.275%−$28 · spread now +0.178%, 7d avg +0.102%
=Together, before fees−0.187%+ Points / potential airdropOndo Perps: Active · farm board−$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.077% dearer against Ondo Perps than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.102%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps GLW-USD.P | 156.96 | 0.0050 | pay 0.0006% / 1h | 23m 27s | $285K | $116K | 10x |
| Short | Binance GLWUSDT | 157.24 | 0.0071 | get 0.0071% / 8h | 2h 23m | $10.2M | $23.0M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Ondo Perps. 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
- $4.38
- Price spread: +0.178% → +0.102%
- $7.67
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$2.94
- Costs to cover
- 0.150%
- Break-even
- 11.7 days
Slippage unknown: Ondo Perps: no order-book sample; Binance: live order book, 3 min ago. Net counts fees only.
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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 3 min ago | 1.59 bp | 14.5 bp −$14 | 39.9 bp −$399 | 101.3 bp −$10.1K | doesn't fit |
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0947% | 8h | 157.32 | +0.229% | $2.1M | $869K | 20x | as long as short |
| Gate GLW_USDT | −0.0139% | 8h | 157.14 | +0.115% | $2.2M | $4.3M | 50x | as long as short |
| Aster GLWUSDT | 0.0000% | 8h | 157.34 | +0.241% | $40K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 157.22 | +0.166% | $905K | $220K | 25x | as long as short |
| GRVT GLW_USDT_Perp | 0.0000% | 8h | 157.15 | +0.121% | $489 | $205K | 10x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 157.12 | +0.102% | $1K | $1.7M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 157.13 | +0.108% | $16K | $16K | 20x | as long as short |
| QFEX GLW-USD | +0.0032% | 1h | 157.21 | +0.159% | $1.2M | $1.8M | 10x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 157.12 | +0.102% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.Plong | +0.0050% | 1h | 156.96 | long leg | $285K | $116K | 10x |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:GLW | +0.0060% | 1h | 157.26 | +0.188% | $306K | $41K | 10x | as long as short |
| Binance GLWUSDTshort | +0.0071% | 8h | 157.24 | +0.178% | $10.2M | $23.0M | 20x | |
| Extended GLW-USD | +0.0072% | 1h | 157.14 | +0.113% | $2K | $1K | 10x | as long as short |
| BloFin GLW-USDT | +0.0079% | 8h | 156.96 | 0.000% | $147K | $37K | 20x | as long as short |
| OKX GLW-USDT-SWAP | +0.0087% | 8h | 157.25 | +0.185% | $2.2M | $4.6M | 20x | as long as short |
| KuCoin GLWUSDTM | +0.0100% | 8h | 157.16 | +0.127% | $317K | $906K | 20x | as long as short |
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 157.09 | +0.083% | $2K | $2K | 10x | as long as short |
Binance GLWUSDT
Bitget GLWUSDT
Gate GLW_USDT
Aster GLWUSDT
Bybit GLWUSDT
GRVT GLW_USDT_Perp
SunX GLW-USDT
HTX GLW-USDT
Paragon para:GLW
Extended GLW-USD
BloFin GLW-USDT
OKX GLW-USDT-SWAP
KuCoin GLWUSDTM