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

GLW

RWAall GLW markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0426%/8h= −46.6% APRnext payment $4.26 per $10,000 · paid last 24h −0.122%
Price spread now: SunX against Binance−0.113%7-day average −0.057% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.250%−$25 on $10k
Price spread, last 2 days (all we have)+0.022%+$2 · spread now −0.113%, 7d avg −0.057%
Together, before fees−0.229%−$23 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and SunX is 0.056% cheaper against Binance than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.057%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.250% in total (about -13.0% a year). A funding rate is set anew for every payment; at this rate the next one is about $4.26 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance GLWUSDT162.070.0426pay 0.0426% / 8h5h 58m$10.7M$21.6M20x
ShortSunX GLW-USDT161.890get 0.0000% / 8h5h 58m$915$1.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$89.42
Price spread: −0.113% → −0.057%
−$5.6
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$113.02
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 13 min ago; SunX: live order book, 7 min ago. Net counts fees only.

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, 13 min ago1.24 bp11.4 bp −$1133.2 bp −$332108.0 bp −$10.8Kdoesn't fit
Sell SunX live order book, 7 min ago500.37 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

GLW on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paragon para:GLW−0.0638%1h161.76−0.192%$321K$37K10xas long as short
Aster GLWUSDT0.0000%8h162.04−0.022%$41K$1K20xas long as short
Bybit GLWUSDT0.0000%8h161.83−0.150%$929K$197K25xas long as short
Gate GLW_USDT0.0000%8h161.82−0.156%$2.2M$4.3M50xas long as short
SunX GLW-USDTshort0.0000%8h161.89−0.113%$915$1.8M10x
HTX GLW-USDT0.0000%8h161.85−0.138%$17K$16K20xas long as short
GRVT GLW_USDT_Perp+0.0026%8h161.80−0.170%$306$170K10xas long as short
QFEX GLW-USD+0.0034%1h161.90−0.107%$1.1M$2.2M10xas long as short
Vest GLW-USD-PERP+0.0046%1h161.84−0.144%10xas long as short
Ondo Perps GLW-USD.P+0.0050%1h161.64−0.267%$303K$106K10xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin GLWUSDTM+0.0100%8h161.83−0.150%$326K$959K20xas long as short
Orderly PERP_GLW_USDC_mythos+0.0100%8h161.94−0.082%$2K$2K10xas long as short
OKX GLW-USDT-SWAP+0.0204%8h162.09+0.010%$2.3M$4.4M20xas long as short
Bitget GLWUSDT+0.0280%8h161.94−0.082%$2.2M$816K20xas long as short
Extended GLW-USD+0.0424%1h162.00−0.043%$2K$1K10xas long as short
Binance GLWUSDTlong+0.0426%8h162.07long leg$10.7M$21.6M20x