Funding you earn now, next payment 08:00 UTC−0.0242%/8h= −26.5% APRnext payment −$2.42 per $10,000 · paid last 24h +0.050%
Price spread now: Gate against SunX−0.165%7-day average +0.009% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.048%+$5 on $10k
+Price spread, last 4 days (all we have)+0.231%+$23 · spread now −0.165%, 7d avg +0.009%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Gate is 0.173% cheaper against SunX than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of +0.009%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.048% in total (about 2.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.42 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 | SunX GLW-USDT | 157.89 | 0 | get 0.0000% / 8h | 1h 54m | $1K | $1.7M | 10x |
| Short | Gate GLW_USDT | 157.63 | −0.0242 | pay 0.0242% / 8h | 1h 54m | $2.2M | $4.3M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against SunX. 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
- −$50.82
- Price spread: −0.165% → +0.009%
- −$17.35
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$91.17
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: SunX: live order book, 11 min ago; Gate: live order book, 3 min ago. 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 SunX live order book, 11 min ago | 500.24 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 4.11 bp | 18.3 bp −$18 | 163.5 bp −$1,635 | 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 | −0.0918% | 8h | 157.75 | −0.089% | $2.2M | $896K | 20x | as long as short |
| Gate GLW_USDTshort | −0.0242% | 8h | 157.63 | −0.165% | $2.2M | $4.3M | 50x | |
| Paragon para:GLW | −0.0173% | 1h | 157.56 | −0.206% | $307K | $41K | 10x | as long as short |
| Aster GLWUSDT | 0.0000% | 8h | 157.83 | −0.040% | $40K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 157.53 | −0.228% | $910K | $225K | 25x | as long as short |
| SunX GLW-USDTlong | 0.0000% | 8h | 157.89 | long leg | $1K | $1.7M | 10x | |
| HTX GLW-USDT | 0.0000% | 8h | 158.18 | +0.184% | $16K | $16K | 20x | as long as short |
| GRVT GLW_USDT_Perp | +0.0044% | 8h | 158.07 | +0.114% | $790 | $209K | 10x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 157.79 | −0.063% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 158.03 | +0.089% | $289K | $119K | 10x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX GLW-USD | +0.0060% | 1h | 157.88 | −0.006% | $1.1M | $1.8M | 10x | as long as short |
| Binance GLWUSDT | +0.0068% | 8h | 157.60 | −0.184% | $10.6M | $23.8M | 20x | as long as short |
| Extended GLW-USD | +0.0072% | 1h | 157.68 | −0.133% | $2K | $1K | 10x | as long as short |
| BloFin GLW-USDT | +0.0087% | 8h | 157.87 | −0.013% | $147K | $38K | 20x | as long as short |
| KuCoin GLWUSDTM | +0.0100% | 8h | 157.57 | −0.203% | $316K | $892K | 20x | as long as short |
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 157.79 | −0.063% | $2K | $2K | 10x | as long as short |
| OKX GLW-USDT-SWAP | +0.0124% | 8h | 157.66 | −0.146% | $2.2M | $4.7M | 20x | as long as short |
SunX GLW-USDT
Gate GLW_USDT
Bitget GLWUSDT
Paragon para:GLW
Aster GLWUSDT
Bybit GLWUSDT
HTX GLW-USDT
GRVT GLW_USDT_Perp
Binance GLWUSDT
Extended GLW-USD
BloFin GLW-USDT
KuCoin GLWUSDTM
OKX GLW-USDT-SWAP