Funding you earn now, next payment 04:00 UTC−0.0382%/8h= −41.9% APRnext payment −$0.48 per $10,000 · paid last 24h −0.035%
Price spread now: Paragon against Ondo Perps+0.198%7-day average +0.021% · 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)−0.488%−$49 · spread now +0.198%, 7d avg +0.021%
=Together, before fees−0.575%+ Points / potential airdropOndo Perps: Active · farm board−$58 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Paragon is 0.177% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.198% now, against its 7-day average of +0.021%): +$18 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 37 hours. At the pace of the last 7 days (−0.088% in total) that is about 14 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.088% in total (about -4.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.48 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 | Ondo Perps GLW-USD.P | 161.96 | 0.0050 | pay 0.0006% / 1h | 9m 43s | $303K | $107K | 10x |
| Short | Paragon para:GLW | 162.28 | −0.0332 | pay 0.0042% / 1h | 9m 43s | $322K | $37K | 10x |
Ondo Perps GLW-USD.P
Paragon para:GLWFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paragon 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
- −$80.3
- Price spread: +0.198% → +0.021%
- $17.65
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Paragon: 5 bp × 2 orders
- −$10
- Net
- −$77.65
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Ondo Perps: no order-book sample; Paragon: live order book, 16 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 Paragon live order book, 16 min ago | 14.51 bp | 41.5 bp −$41 | 96.3 bp −$963 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:GLWshort | −0.0332% | 1h | 162.28 | +0.198% | $322K | $37K | 10x | |
| Aster GLWUSDT | 0.0000% | 8h | 162.60 | +0.393% | $41K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 162.31 | +0.216% | $932K | $200K | 25x | as long as short |
| Gate GLW_USDT | 0.0000% | 8h | 162.28 | +0.198% | $2.2M | $4.3M | 50x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 162.33 | +0.228% | $1K | $1.8M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 162.48 | +0.321% | $17K | $16K | 20x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 162.39 | +0.265% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.Plong | +0.0050% | 1h | 161.96 | long leg | $303K | $107K | 10x | |
| QFEX GLW-USD | +0.0078% | 1h | 162.38 | +0.259% | $1.1M | $2.0M | 10x | as long as short |
| KuCoin GLWUSDTM | +0.0100% | 8h | 162.37 | +0.253% | $327K | $929K | 20x | as long as short |
Aster GLWUSDT
Bybit GLWUSDT
Gate GLW_USDT
SunX GLW-USDT
HTX GLW-USDT
Vest GLW-USD-PERP
QFEX GLW-USD
KuCoin GLWUSDTMShow 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 | 162.43 | +0.290% | $2K | $2K | 10x | as long as short |
| GRVT GLW_USDT_Perp | +0.0118% | 8h | 162.24 | +0.174% | $131 | $186K | 10x | as long as short |
| Bitget GLWUSDT | +0.0149% | 8h | 162.40 | +0.272% | $2.2M | $850K | 20x | as long as short |
| OKX GLW-USDT-SWAP | +0.0233% | 8h | 162.47 | +0.315% | $2.3M | $4.4M | 20x | as long as short |
| BloFin GLW-USDT | +0.0285% | 8h | 162.31 | +0.216% | $154K | $36K | 20x | as long as short |
| Binance GLWUSDT | +0.0310% | 8h | 162.43 | +0.290% | $10.7M | $21.8M | 20x | as long as short |
| Extended GLW-USD | +0.0312% | 1h | 162.38 | +0.258% | $2K | $1K | 10x | as long as short |
Orderly PERP_GLW_USDC_mythos
GRVT GLW_USDT_Perp
Bitget GLWUSDT
OKX GLW-USDT-SWAP
BloFin GLW-USDT
Binance GLWUSDT
Extended GLW-USD