Funding you earn now, next payment 05:00 UTC+0.0108%/8h= +11.9% APRpaid last 24h +0.101%
Price spread now: Binance against QFEX+0.056%7-day average +0.054% · 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−$44as in the Price arb table
costs, in and out, $10k−$440.441% of the position
Funding, last 4 days (all we have)+0.145%+$14 on $10k
+Price spread, last 7 days−0.010%−$1 · spread now +0.056%, 7d avg +0.054%
=The price spread sits at its 7-day average of +0.054%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX GLW-USD | 159.39 | 0.0050 | pay 0.0006% / 1h | 17m 29s | $1.1M | $1.8M | 10x |
| Short | Binance GLWUSDT | 159.48 | 0.0158 | get 0.0158% / 8h | 3h 17m | $10.4M | $22.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against QFEX. 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
- $22.78
- Price spread: +0.056% → +0.054%
- $0.29
- Slippage, 4 orders
- −$24.07
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$20.99
- Costs to cover
- 0.441%
- Break-even
- 13.5 days
Slippage from QFEX: live order book, 4 min ago; Binance: live order book, 9 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 QFEX live order book, 4 min ago | 2.19 bp | 9.0 bp −$9 | 12.6 bp −$126 | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 1.57 bp | 13.5 bp −$13 | 40.8 bp −$408 | 109.1 bp −$10.9K | 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 | 159.58 | +0.119% | $41K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 159.31 | −0.050% | $914K | $202K | 25x | as long as short |
| Gate GLW_USDT | 0.0000% | 8h | 159.31 | −0.050% | $2.2M | $4.2M | 50x | as long as short |
| Bitget GLWUSDT | 0.0000% | 8h | 159.36 | −0.019% | $2.1M | $869K | 20x | as long as short |
| GRVT GLW_USDT_Perp | 0.0000% | 8h | 159.55 | +0.099% | $185 | $197K | 10x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 159.13 | −0.163% | $1K | $1.8M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 159.38 | −0.006% | $16K | $16K | 20x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 159.34 | −0.031% | — | — | 10x | as long as short |
| QFEX GLW-USDlong | +0.0050% | 1h | 159.39 | long leg | $1.1M | $1.8M | 10x | |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 159.16 | −0.144% | $290K | $118K | 10x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:GLW | +0.0057% | 1h | 159.15 | −0.149% | $310K | $41K | 10x | as long as short |
| KuCoin GLWUSDTM | +0.0100% | 8h | 159.31 | −0.050% | $320K | $922K | 20x | as long as short |
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 159.35 | −0.025% | $2K | $2K | 10x | as long as short |
| OKX GLW-USDT-SWAP | +0.0122% | 8h | 159.48 | +0.056% | $2.2M | $4.4M | 20x | as long as short |
| Binance GLWUSDTshort | +0.0158% | 8h | 159.48 | +0.056% | $10.4M | $22.4M | 20x | |
| Extended GLW-USD | +0.0160% | 1h | 159.30 | −0.056% | $2K | $1K | 10x | as long as short |
| BloFin GLW-USDT | +0.0170% | 8h | 159.58 | +0.119% | $150K | $36K | 20x | as long as short |
Binance GLWUSDT
Aster GLWUSDT
Bybit GLWUSDT
Gate GLW_USDT
Bitget GLWUSDT
GRVT GLW_USDT_Perp
SunX GLW-USDT
HTX GLW-USDT
Paragon para:GLW
KuCoin GLWUSDTM
OKX GLW-USDT-SWAP
Extended GLW-USD
BloFin GLW-USDT