GLW Funding Rate — perpetuals across 5 venues
TradFi perpetual · compared across 5 venues · net of estimated fees · updated every few minutes
GLW is an equity-linked perpetual referencing GLW, traded on-chain (not a tokenized xStock). Perpia compares its annualized funding across venues and the best delta-neutral spread.
Live annualized GLW perpetual funding across all 5 venues Perpia tracks. Right now GLW funding is positive on 1 and negative on 2, ranging from +10.9% on KuCoin to -52.7% on Bybit — a spread of 63.6%. The widest delta-neutral trade is long Bybit / short KuCoin at 59.0% net APR.
GLW funding trend & liquidity
168h of historyAverages are historical funding over the window shown. A current rate near the 7-day average may indicate the spread has persisted; a rate far above it is usually a short-lived spike. OI and volume are the smaller (binding) leg of the best pair — the ceiling on tradeable size.
GLW funding rate history
30d · 6h buckets · 9 venuesAnnualized funding, averaged into 6-hour buckets. The bold line is the mean across venues quoting in that bucket; the faint lines are individual venues. Mean over the window: +2.9%. A break in a line means no data was recorded for that stretch, not a zero rate.
GLW funding rate by venue
8 pairs scannedRates annualized; updated ~every few minutes from live venue data. Venue names link to that exchange's full funding table; ↗ opens the market on the exchange itself. Every spread between these two venues is on the Bybit vs KuCoin page.
GLW arbitrage — 30-day backtest
long Bybit · short KuCoinOver the last 30 days, holding long Bybit / short KuCoin would have produced 10.0% APR — versus the 59.0% the live spread implies right now (equity $10,000 → $10,082). This is a backtest on historical funding, not a live result: funding drifts and decays, so backtested results rarely match the current headline rate — which is why size and holding window matter more than the top-line number.
Open full interactive backtest →GLW funding — FAQ
Is GLW funding positive right now?
GLW perpetual funding is positive on 1 of 5 venues Perpia tracks and negative on 2. The highest is +10.9% on KuCoin; the lowest is -52.7% on Bybit.
What is the best GLW funding arbitrage right now?
Go long Bybit and short KuCoin for about 59.0% net APR after fees — the widest delta-neutral GLW spread Perpia currently sees.
Which exchange has the highest GLW funding rate?
KuCoin, at +10.9% annualized. Funding shifts continuously, so check the live table above before trading.
How GLW funding arbitrage works
Funding arbitrage combines opposing positions on two venues — long the one paying the most negative funding, short the one paying the most positive — to reduce directional exposure and capture the difference between their funding payments. Fees, slippage, basis divergence and liquidation risk can reduce the result. See the methodology for how it is measured and the guide for the full walkthrough.
Markets related to GLW
Markets also quoted on both Bybit and KuCoin — the same two exchanges you would already have funded for the GLW trade.
See every spread between them on the Bybit vs KuCoin page.