Funding you earn now, next payment 10:00 UTC−0.0085%/8h= −9.3% APRpaid last 24h +0.058%
Price spread now: BloFin against QFEX−0.190%7-day average +0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$370.373% of the position
Funding, last 4 days (all we have)+0.137%+$14 on $10k
+Price spread, last 4 days (all we have)+0.671%+$67 · spread now −0.190%, 7d avg +0.021%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and BloFin is 0.211% cheaper against QFEX than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of +0.021%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.137%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX GLW-USD | 158.30 | 0.0066 | pay 0.0008% / 1h | 56m 43s | $1.1M | $1.7M | 10x |
| Short | BloFin GLW-USDT | 158.00 | −0.0020 | pay 0.0020% / 8h | 6h 56m | $147K | $42K | 20x |
QFEX GLW-USD
BloFin GLW-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$17.89
- Price spread: −0.190% → +0.021%
- −$21.1
- Slippage, 4 orders
- −$15.35
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$76.34
- Costs to cover
- 0.373%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 5 min ago; BloFin: 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 QFEX live order book, 5 min ago | 1.58 bp | 6.6 bp −$7 | 15.8 bp −$158 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 3 min ago | 0.32 bp | 13.4 bp −$13 | 28.6 bp −$286 | 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 | −0.0611% | 8h | 158.33 | +0.019% | $2.1M | $1.1M | 20x | as long as short |
| BloFin GLW-USDTshort | −0.0020% | 8h | 158.00 | −0.190% | $147K | $42K | 20x | |
| Paragon para:GLW | −0.0018% | 1h | 158.07 | −0.143% | $308K | $41K | 10x | as long as short |
| Aster GLWUSDT | 0.0000% | 8h | 158.42 | +0.076% | $64K | $53K | 20x | as long as short |
| Extended GLW-USD | 0.0000% | 1h | 158.33 | +0.017% | $2K | $1K | 10x | as long as short |
| Binance GLWUSDT | 0.0000% | 8h | 158.31 | +0.008% | $10.4M | $26.6M | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 158.31 | +0.006% | $901K | $244K | 25x | as long as short |
| Gate GLW_USDT | 0.0000% | 8h | 158.26 | −0.025% | $2.2M | $4.4M | 50x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 158.15 | −0.095% | $819 | $1.6M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 157.92 | −0.240% | $17K | $22K | 20x | as long as short |
Bitget GLWUSDT
Paragon para:GLW
Aster GLWUSDT
Extended GLW-USD
Binance GLWUSDT
Bybit GLWUSDT
Gate GLW_USDT
SunX GLW-USDT
HTX GLW-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT GLW_USDT_Perp | +0.0044% | 8h | 157.85 | −0.282% | $628 | $223K | 10x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 158.25 | −0.032% | — | — | 10x | as long as short |
| OKX GLW-USDT-SWAP | +0.0056% | 8h | 158.51 | +0.133% | $2.2M | $5.0M | 20x | as long as short |
| QFEX GLW-USDlong | +0.0066% | 1h | 158.30 | long leg | $1.1M | $1.7M | 10x | |
| Ondo Perps GLW-USD.P | +0.0078% | 1h | 158.24 | −0.038% | $277K | $114K | 10x | as long as short |
| KuCoin GLWUSDTM | +0.0100% | 8h | 158.07 | −0.145% | $366K | $858K | 20x | as long as short |
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 158.17 | −0.082% | $2K | $3K | 10x | as long as short |
GRVT GLW_USDT_Perp
Vest GLW-USD-PERP
OKX GLW-USDT-SWAP
Ondo Perps GLW-USD.P
KuCoin GLWUSDTM
Orderly PERP_GLW_USDC_mythos