GLW

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0038%/8h= −4.2% APRnext payment −$0.05 per $10,000 · paid last 24h −0.043%

Price spread now: Paragon against QFEX−0.012%50s7-day average −0.049% · 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—prices read too far apart to compare

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

Long on QFEX Short on Paragon

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)−0.157%−$16 · spread now −0.012%, 7d avg −0.049%

Together, before fees−0.116%−$12 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Paragon is 0.037% dearer against QFEX than usual: you sell high and buy low (spread −0.012% now, against its 7-day average of −0.049%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.2 days. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX GLW-USD	160.44	0.0050	pay 0.0006% / 1h	39m 52s	$1.1M	$1.9M	10x
Short	Paragon para:GLW	160.42	0.0011	get 0.0001% / 1h	39m 52s	$312K	$40K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paragon against QFEX. 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 QFEXbpFee ParagonbpOrdersPrice spread, now −0.012%Rate

Funding earned: −$8.06
Price spread: −0.012% → −0.049%: $3.65
Slippage, 4 orders: −$58.43
Fee QFEX: 5 bp × 2 orders: −$10
Fee Paragon: 5 bp × 2 orders: −$10
Net: −$82.84
Costs to cover: 0.784%
Break-even: never at this rate

Slippage from QFEX: live order book, 2 min ago; Paragon: live order book, 46 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, 2 min ago	1.24 bp	8.0 bp −$8	13.0 bp −$130	doesn't fit	doesn't fit
Sell Paragon live order book, 46 min ago	14.51 bp	41.5 bp −$41	96.3 bp −$963	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	160.62	+0.115%	$41K	$1K	20x	as long as short
Bybit GLWUSDT	0.0000%	8h	160.48	+0.025%	$921K	$200K	25x	as long as short
Gate GLW_USDT	0.0000%	8h	160.40	−0.025%	$2.2M	$4.2M	50x	as long as short
Bitget GLWUSDT	0.0000%	8h	160.50	+0.037%	$2.1M	$851K	20x	as long as short
SunX GLW-USDT	0.0000%	8h	160.51	+0.044%	$1K	$1.8M	10x	as long as short
HTX GLW-USDT	0.0000%	8h	160.57	+0.081%	$16K	$16K	20x	as long as short
Paragon para:GLWshort	+0.0011%	1h	160.42	−0.012%	$312K	$40K	10x
GRVT GLW_USDT_Perp	+0.0042%	8h	161.01	+0.355%	$742	$192K	10x	as long as short
Vest GLW-USD-PERP	+0.0046%	1h	160.57	+0.081%	—	—	10x	as long as short
QFEX GLW-USDlong	+0.0050%	1h	160.44	long leg	$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	+0.062%	$300K	$108K	10x	as long as short
KuCoin GLWUSDTM	+0.0100%	8h	160.48	+0.025%	$323K	$929K	20x	as long as short
Orderly PERP_GLW_USDC_mythos	+0.0100%	8h	160.50	+0.037%	$2K	$2K	10x	as long as short
OKX GLW-USDT-SWAP	+0.0176%	8h	160.50	+0.037%	$2.3M	$4.4M	20x	as long as short
Binance GLWUSDT	+0.0220%	8h	160.48	+0.027%	$10.5M	$21.9M	20x	as long as short
Extended GLW-USD	+0.0224%	1h	160.46	+0.011%	$2K	$1K	10x	as long as short
BloFin GLW-USDT	+0.0225%	8h	160.57	+0.081%	$152K	$36K	20x	as long as short