Funding you earn now, next payment 06:00 UTC−0.0179%/8h= −19.6% APRpaid last 24h +0.073%
Price spread now: Gate against Paragon+0.310%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$880.885% of the position
Funding, last 7 days−0.022%−$2 on $10k
+Price spread, last 4 days (all we have)−0.192%−$19 · spread now +0.310%, 7d avg +0.019%
=The price spread pays, funding is against you. Gate is 0.291% dearer against Paragon than usual: you sell high and buy low (spread +0.310% now, against its 7-day average of +0.019%): +$29 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 5.4 days. At the pace of the last 7 days (−0.022% in total) that is about 3 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paragon para:GLW | 156.85 | 0.0060 | pay 0.0008% / 1h | 25m 18s | $306K | $41K | 10x |
| Short | Gate GLW_USDT | 157.34 | −0.0119 | pay 0.0119% / 8h | 2h 25m | $2.2M | $4.3M | 50x |
Paragon para:GLW
Gate GLW_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$37.59
- Price spread: +0.310% → +0.019%
- $29.09
- Slippage, 4 orders
- −$63.46
- Fee Paragon: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$96.96
- Costs to cover
- 0.885%
- Break-even
- never at this rate
Slippage from Paragon: live order book, 50 min ago; Gate: live order book, 3 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, 50 min ago | 15.04 bp | 20.1 bp −$20 | 43.7 bp −$437 | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 10.53 bp | 20.1 bp −$20 | 236.1 bp −$2,361 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget GLWUSDT | −0.0906% | 8h | 157.33 | +0.304% | $2.1M | $869K | 20x | as long as short |
| Gate GLW_USDTshort | −0.0119% | 8h | 157.34 | +0.310% | $2.2M | $4.3M | 50x | |
| Aster GLWUSDT | 0.0000% | 8h | 157.33 | +0.306% | $40K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 157.11 | +0.163% | $903K | $220K | 25x | as long as short |
| GRVT GLW_USDT_Perp | 0.0000% | 8h | 157.39 | +0.342% | $545 | $204K | 10x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 157.12 | +0.170% | $1K | $1.7M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 157.13 | +0.176% | $16K | $16K | 20x | as long as short |
| QFEX GLW-USD | +0.0032% | 1h | 157.13 | +0.176% | $1.1M | $1.8M | 10x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 157.01 | +0.100% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 157.46 | +0.386% | $285K | $116K | 10x | as long as short |
Bitget GLWUSDT
Aster GLWUSDT
Bybit GLWUSDT
GRVT GLW_USDT_Perp
SunX GLW-USDT
HTX GLW-USDT
QFEX GLW-USD
Vest GLW-USD-PERP
Ondo Perps GLW-USD.PShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:GLWlong | +0.0060% | 1h | 156.85 | long leg | $306K | $41K | 10x | |
| Binance GLWUSDT | +0.0068% | 8h | 157.24 | +0.246% | $10.2M | $23.0M | 20x | as long as short |
| Extended GLW-USD | +0.0072% | 1h | 157.13 | +0.174% | $2K | $1K | 10x | as long as short |
| BloFin GLW-USDT | +0.0079% | 8h | 156.96 | +0.068% | $147K | $37K | 20x | as long as short |
| OKX GLW-USDT-SWAP | +0.0082% | 8h | 157.23 | +0.240% | $2.2M | $4.6M | 20x | as long as short |
| KuCoin GLWUSDTM | +0.0100% | 8h | 157.07 | +0.138% | $317K | $906K | 20x | as long as short |
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 157.00 | +0.093% | $2K | $2K | 10x | as long as short |
Binance GLWUSDT
Extended GLW-USD
BloFin GLW-USDT
OKX GLW-USDT-SWAP
KuCoin GLWUSDTM
Orderly PERP_GLW_USDC_mythos