Funding you earn now, next payment 01:00 UTC+0.0522%/8h= +57.2% APRpaid last 24h +0.127%
Price spread now: BloFin against Paragon+0.083%89s7-day average +0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as 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−$750.752% of the position
Funding, last 7 days+0.165%+$16 on $10k
+Price spread, last 3 days (all we have)−0.046%−$5 · spread now +0.083%, 7d avg +0.071%
=The price spread sits at its 7-day average of +0.071%, so right now this pair is about funding alone: +$16 a day on $10k at the current rate. The two prices were read 89 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 0.165% in total (about 8.6% a year). A funding rate is set anew for every payment. 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 | Paragon para:GLW | 161.88 | 0.0060 | pay 0.0008% / 1h | 45m 25s | $322K | $30K | 10x |
| Short | BloFin GLW-USDT | 162.01 | 0.0582 | get 0.0582% / 8h | 7h 45m | $150K | $36K | 20x |
Paragon para:GLW
BloFin GLW-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Paragon. 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
- $109.63
- Price spread: +0.083% → +0.071%
- $1.29
- Slippage, 4 orders
- −$53.22
- Fee Paragon: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $35.7
- Costs to cover
- 0.752%
- Break-even
- 4.7 days
Slippage from Paragon: live order book, 10 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 Paragon live order book, 10 min ago | 18.30 bp | 24.9 bp −$25 | 53.4 bp −$534 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 11 min ago | 1.24 bp | 14.3 bp −$14 | 33.6 bp −$336 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster GLWUSDT | 0.0000% | 8h | 162.09 | +0.135% | $41K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 162.05 | +0.108% | $937K | $192K | 25x | as long as short |
| Gate GLW_USDT | 0.0000% | 8h | 161.90 | +0.015% | $2.2M | $4.2M | 50x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 162.12 | +0.151% | $1K | $1.9M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 161.91 | +0.022% | $17K | $16K | 20x | as long as short |
| GRVT GLW_USDT_Perp | +0.0030% | 8h | 161.93 | +0.035% | $225 | $170K | 10x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 161.96 | +0.053% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 162.07 | +0.120% | $303K | $109K | 10x | as long as short |
| QFEX GLW-USD | +0.0052% | 1h | 161.92 | +0.028% | $1.1M | $2.3M | 10x | as long as short |
| Paragon para:GLWlong | +0.0060% | 1h | 161.88 | long leg | $322K | $30K | 10x |
Aster GLWUSDT
Bybit GLWUSDT
Gate GLW_USDT
SunX GLW-USDT
HTX GLW-USDT
GRVT GLW_USDT_Perp
Vest GLW-USD-PERP
Ondo Perps GLW-USD.P
QFEX GLW-USDShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GLWUSDTM | +0.0100% | 8h | 161.93 | +0.034% | $326K | $1.0M | 20x | as long as short |
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 162.02 | +0.090% | $2K | $2K | 10x | as long as short |
| OKX GLW-USDT-SWAP | +0.0258% | 8h | 162.10 | +0.139% | $2.3M | $4.4M | 20x | as long as short |
| Bitget GLWUSDT | +0.0314% | 8h | 162.00 | +0.077% | $2.2M | $789K | 20x | as long as short |
| Binance GLWUSDT | +0.0574% | 8h | 162.03 | +0.096% | $11.0M | $21.1M | 20x | as long as short |
| Extended GLW-USD | +0.0576% | 1h | 162.00 | +0.075% | $2K | $2K | 10x | as long as short |
| BloFin GLW-USDTshort | +0.0582% | 8h | 162.01 | +0.083% | $150K | $36K | 20x |
KuCoin GLWUSDTM
Orderly PERP_GLW_USDC_mythos
OKX GLW-USDT-SWAP
Bitget GLWUSDT
Binance GLWUSDT
Extended GLW-USD