GLW

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0047%/8h= +5.1% APRnext payment +$0.06 per $10,000 · paid last 24h +0.043%

Price spread now: QFEX against Paragon+0.002%7-day average +0.049% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$83as in the Price arb table

costs, in and out, $10k−$780.784% of the position

Long on Paragon Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.041%−$4 on $10k

Price spread, last 4 days (all we have)+0.167%+$17 · spread now +0.002%, 7d avg +0.049%

Together, before fees+0.126%+$13 on $10k · with fees, hour by hour

Funding pays, the price is against you. QFEX is 0.046% cheaper against Paragon than usual: you would sell low and buy high (spread +0.002% now, against its 7-day average of +0.049%). If the spread goes back, that is −$5 on $10k: about 3.3 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paragon para:GLW	160.44	0.0003	pay 0.0000% / 1h	40m 11s	$312K	$40K	10x
Short	QFEX GLW-USD	160.44	0.0050	get 0.0006% / 1h	40m 11s	$1.1M	$1.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against Paragon. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ParagonbpFee QFEXbpOrdersPrice spread, now +0.002%Rate

Funding earned: $9.87
Price spread: +0.002% → +0.049%: −$4.64
Slippage, 4 orders: −$58.43
Fee Paragon: 5 bp × 2 orders: −$10
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$73.2
Costs to cover: 0.784%
Break-even: 58.9 days

Slippage from Paragon: live order book, 45 min ago; QFEX: live order book, 2 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, 45 min ago	14.51 bp	22.7 bp −$23	82.6 bp −$826	doesn't fit	doesn't fit
Sell QFEX live order book, 2 min ago	1.24 bp	6.2 bp −$6	10.7 bp −$107	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	160.73	+0.181%	$41K	$1K	20x	as long as short
Bybit GLWUSDT	0.0000%	8h	160.52	+0.052%	$921K	$200K	25x	as long as short
Gate GLW_USDT	0.0000%	8h	160.45	+0.009%	$2.2M	$4.2M	50x	as long as short
Bitget GLWUSDT	0.0000%	8h	160.54	+0.065%	$2.1M	$851K	20x	as long as short
SunX GLW-USDT	0.0000%	8h	160.51	+0.046%	$1K	$1.8M	10x	as long as short
HTX GLW-USDT	0.0000%	8h	160.57	+0.083%	$16K	$16K	20x	as long as short
Paragon para:GLWlong	+0.0003%	1h	160.44	long leg	$312K	$40K	10x
GRVT GLW_USDT_Perp	+0.0042%	8h	161.01	+0.358%	$742	$192K	10x	as long as short
Vest GLW-USD-PERP	+0.0046%	1h	160.57	+0.083%	—	—	10x	as long as short
QFEX GLW-USDshort	+0.0050%	1h	160.44	+0.002%	$1.1M	$1.9M	10x

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps GLW-USD.P	+0.0050%	1h	160.54	+0.065%	$300K	$108K	10x	as long as short
KuCoin GLWUSDTM	+0.0100%	8h	160.51	+0.046%	$323K	$929K	20x	as long as short
Orderly PERP_GLW_USDC_mythos	+0.0100%	8h	160.50	+0.040%	$2K	$2K	10x	as long as short
OKX GLW-USDT-SWAP	+0.0176%	8h	160.62	+0.115%	$2.3M	$4.4M	20x	as long as short
Binance GLWUSDT	+0.0222%	8h	160.52	+0.054%	$10.5M	$21.9M	20x	as long as short
Extended GLW-USD	+0.0224%	1h	160.49	+0.035%	$2K	$1K	10x	as long as short
BloFin GLW-USDT	+0.0225%	8h	160.57	+0.083%	$152K	$36K	20x	as long as short