Funding you earn now, next payment 04:00 UTC+0.0387%/8h= +42.3% APRnext payment +$0.48 per $10,000 · paid last 24h +0.035%
Price spread now: Ondo Perps against Paragon−0.196%7-day average −0.021% · you buy dearer than you sell
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)+0.486%+$49 · spread now −0.196%, 7d avg −0.021%
=Together, before fees+0.573%+ Points / potential airdropOndo Perps: Active · farm board+$57 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.175% cheaper against Paragon than usual: you would sell low and buy high (spread −0.196% now, against its 7-day average of −0.021%). If the spread goes back, that is −$17 on $10k: about 36 hours of funding at the current rate (+$12 a day). 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 | Paragon para:GLW | 162.28 | −0.0336 | get 0.0042% / 1h | 10m 04s | $322K | $37K | 10x |
| Short | Ondo Perps GLW-USD.P | 161.96 | 0.0050 | get 0.0006% / 1h | 10m 04s | $303K | $107K | 10x |
Paragon para:GLW
Ondo Perps GLW-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps 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
- $81.19
- Price spread: −0.196% → −0.021%
- −$17.46
- Slippage, 4 orders
- no order book: not counted
- Fee Paragon: 5 bp × 2 orders
- −$10
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- $48.73
- Costs to cover
- 0.150%
- Break-even
- 2.8 days
Slippage unknown: Paragon: live order book, 15 min ago; Ondo Perps: no order-book sample. 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 Paragon live order book, 15 min ago | 14.51 bp | 22.7 bp −$23 | 82.6 bp −$826 | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
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:GLWlong | −0.0336% | 1h | 162.28 | long leg | $322K | $37K | 10x | |
| Aster GLWUSDT | 0.0000% | 8h | 162.62 | +0.209% | $41K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 162.30 | +0.014% | $932K | $200K | 25x | as long as short |
| Gate GLW_USDT | 0.0000% | 8h | 162.28 | +0.002% | $2.2M | $4.3M | 50x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 162.33 | +0.032% | $1K | $1.8M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 162.48 | +0.125% | $17K | $16K | 20x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 162.39 | +0.069% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.Pshort | +0.0050% | 1h | 161.96 | −0.196% | $303K | $107K | 10x | |
| QFEX GLW-USD | +0.0078% | 1h | 162.38 | +0.063% | $1.1M | $2.0M | 10x | as long as short |
| KuCoin GLWUSDTM | +0.0100% | 8h | 162.36 | +0.051% | $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 | +0.094% | $2K | $2K | 10x | as long as short |
| GRVT GLW_USDT_Perp | +0.0118% | 8h | 162.24 | −0.022% | $131 | $186K | 10x | as long as short |
| Bitget GLWUSDT | +0.0151% | 8h | 162.40 | +0.075% | $2.2M | $850K | 20x | as long as short |
| OKX GLW-USDT-SWAP | +0.0233% | 8h | 162.47 | +0.119% | $2.3M | $4.4M | 20x | as long as short |
| BloFin GLW-USDT | +0.0285% | 8h | 162.31 | +0.020% | $154K | $36K | 20x | as long as short |
| Binance GLWUSDT | +0.0312% | 8h | 162.43 | +0.092% | $10.7M | $21.8M | 20x | as long as short |
| Extended GLW-USD | +0.0312% | 1h | 162.41 | +0.083% | $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