Funding you earn now, next payment 04:00 UTC+0.0411%/8h= +45.0% APRpaid last 24h +0.020%
Price spread now: Bybit against Paragon+0.080%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$137as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1221.219% of the position
Funding, last 7 days−0.151%−$15 on $10k
+Price spread, last 4 days (all we have)0.000%$0 · spread now +0.080%, 7d avg +0.018%
=Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Bybit is 0.062% dearer against Paragon than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.018%. Mind the row above: over the last 7 days funding on this pair cost −0.151%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.151% in total (about -7.9% 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 | 162.11 | −0.0411 | get 0.0051% / 1h | 36m 37s | $322K | $37K | 10x |
| Short | Bybit GLWUSDT | 162.24 | 0 | get 0.0000% / 8h | 4h 36m | $931K | $200K | 25x |
Paragon para:GLW
Bybit GLWUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $86.28
- Price spread: +0.080% → +0.018%
- $6.22
- Slippage, 4 orders
- −$100.88
- Fee Paragon: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$29.37
- Costs to cover
- 1.219%
- Break-even
- 9.4 days
Slippage from Paragon: live order book, 59 min ago; Bybit: live order book, 19 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, 59 min ago | 15.13 bp | 26.4 bp −$26 | 91.5 bp −$915 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 19 min ago | 4.31 bp | 21.8 bp −$22 | 173.6 bp −$1,736 | 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:GLWlong | −0.0411% | 1h | 162.11 | long leg | $322K | $37K | 10x | |
| Aster GLWUSDT | 0.0000% | 8h | 162.48 | +0.226% | $41K | $1K | 20x | as long as short |
| Bybit GLWUSDTshort | 0.0000% | 8h | 162.24 | +0.080% | $931K | $200K | 25x | |
| Gate GLW_USDT | 0.0000% | 8h | 162.18 | +0.043% | $2.2M | $4.3M | 50x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 162.29 | +0.111% | $855 | $1.8M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 162.38 | +0.167% | $17K | $16K | 20x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 162.22 | +0.068% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 162.09 | −0.012% | $303K | $108K | 10x | as long as short |
| QFEX GLW-USD | +0.0078% | 1h | 162.29 | +0.111% | $1.1M | $2.0M | 10x | as long as short |
| KuCoin GLWUSDTM | +0.0100% | 8h | 162.28 | +0.105% | $326K | $937K | 20x | as long as short |
Aster GLWUSDT
Gate GLW_USDT
SunX GLW-USDT
HTX GLW-USDT
Vest GLW-USD-PERP
Ondo Perps GLW-USD.P
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 | 162.33 | +0.136% | $2K | $2K | 10x | as long as short |
| GRVT GLW_USDT_Perp | +0.0139% | 8h | 162.33 | +0.136% | $19 | $180K | 10x | as long as short |
| Bitget GLWUSDT | +0.0212% | 8h | 162.29 | +0.111% | $2.2M | $848K | 20x | as long as short |
| OKX GLW-USDT-SWAP | +0.0245% | 8h | 162.37 | +0.160% | $2.3M | $4.4M | 20x | as long as short |
| Binance GLWUSDT | +0.0357% | 8h | 162.33 | +0.135% | $10.7M | $21.9M | 20x | as long as short |
| Extended GLW-USD | +0.0360% | 1h | 162.29 | +0.112% | $2K | $1K | 10x | as long as short |
| BloFin GLW-USDT | +0.0367% | 8h | 162.32 | +0.130% | $155K | $36K | 20x | as long as short |
Orderly PERP_GLW_USDC_mythos
GRVT GLW_USDT_Perp
Bitget GLWUSDT
OKX GLW-USDT-SWAP
Binance GLWUSDT
Extended GLW-USD
BloFin GLW-USDT