Settings8H · net · $10k
Funding arb · Price arb /

GLW

RWAall GLW markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0015%/8h= +1.7% APRnext payment +$0.15 per $10,000 · paid last 24h −0.032%
Price spread now: OKX against Binance+0.021%7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$480.480% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.160%−$16 on $10k
Price spread, last 7 days−0.052%−$5 · spread now +0.021%, 7d avg −0.020%
Together, before fees−0.212%−$21 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and OKX is 0.040% dearer against Binance than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.020%. Mind the row above: over the last 7 days funding on this pair cost −0.160%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance GLWUSDT159.550.0128pay 0.0128% / 8h5h 08m$10.5M$27.0M20x
ShortOKX GLW-USDT-SWAP159.580.0143get 0.0143% / 8h5h 08m$2.2M$5.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Binance. 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

Funding earned
$3.21
Price spread: +0.021% → −0.020%
$4.03
Slippage, 4 orders
−$28.01
Fee Binance: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$40.77
Costs to cover
0.480%
Break-even
95.8 days
Slippage from Binance: live order book, 11 min ago; OKX: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 11 min ago1.57 bp12.1 bp −$1232.9 bp −$329129.4 bp −$12.9Kdoesn't fit
Sell OKX live order book, 2 min ago0.31 bp11.2 bp −$1126.1 bp −$261doesn't fitdoesn't fit

GLW on 17 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster GLWUSDT0.0000%8h159.32−0.140%$65K$53K20xas long as short
Bybit GLWUSDT0.0000%8h159.26−0.180%$907K$241K25xas long as short
Gate GLW_USDT0.0000%8h159.35−0.123%$2.2M$4.4M50xas long as short
Bitget GLWUSDT0.0000%8h159.45−0.061%$2.1M$1.1M20xas long as short
SunX GLW-USDT0.0000%8h159.49−0.036%$1K$1.6M10xas long as short
HTX GLW-USDT0.0000%8h159.55+0.002%$17K$27K20xas long as short
Vest GLW-USD-PERP+0.0046%1h159.33−0.136%10xas long as short
Ondo Perps GLW-USD.P+0.0050%1h159.36−0.117%$281K$111K10xas long as short
QFEX GLW-USD+0.0059%1h159.50−0.029%$1.1M$1.8M10xas long as short
Paragon para:GLW+0.0060%1h159.15−0.251%$310K$41K10xas long as short
Show all 17 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin GLWUSDTM+0.0100%8h159.26−0.180%$381K$867K20xas long as short
Orderly PERP_GLW_USDC_mythos+0.0100%8h159.34−0.130%$2K$3K10xas long as short
Binance GLWUSDTlong+0.0128%8h159.55long leg$10.5M$27.0M20x
Extended GLW-USD+0.0128%1h159.49−0.035%$2K$1K10xas long as short
OKX GLW-USDT-SWAPshort+0.0143%8h159.58+0.021%$2.2M$5.1M20x
BloFin GLW-USDT+0.0152%8h159.54−0.004%$152K$47K20xas long as short
GRVT GLW_USDT_Perp+0.0488%8h159.29−0.162%$809$244K10xas long as short