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−0.0155%/8h= −17.0% APRnext payment $1.55 per $10,000 · paid last 24h −0.096%
Price spread now: Bitget against BloFin−0.037%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$580.582% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.123%−$12 on $10k
Price spread, last 4 days (all we have)+0.097%+$10 · spread now −0.037%, 7d avg −0.013%
Together, before fees−0.026%−$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Bitget is 0.024% cheaper against BloFin than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.013%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin GLW-USDT162.330.0414pay 0.0414% / 8h5h 33m$155K$36K20x
ShortBitget GLWUSDT162.270.0259get 0.0259% / 8h5h 33m$2.2M$817K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BloFin. 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
−$32.64
Price spread: −0.037% → −0.013%
−$2.44
Slippage, 4 orders
−$34.19
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$93.27
Costs to cover
0.582%
Break-even
never at this rate
Slippage from BloFin: live order book, 4 min ago; Bitget: live order book, 4 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 BloFin live order book, 4 min ago1.54 bp9.0 bp −$922.1 bp −$221doesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago2.16 bp16.0 bp −$1639.8 bp −$398doesn't fitdoesn't fit

GLW on 17 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−0.0598%1h161.96−0.226%$322K$37K10xas long as short
Aster GLWUSDT0.0000%8h162.24−0.054%$41K$1K20xas long as short
Bybit GLWUSDT0.0000%8h162.18−0.092%$930K$198K25xas long as short
Gate GLW_USDT0.0000%8h162.15−0.111%$2.2M$4.3M50xas long as short
SunX GLW-USDT0.0000%8h162.06−0.166%$891$1.8M10xas long as short
HTX GLW-USDT0.0000%8h162.25−0.049%$17K$16K20xas long as short
QFEX GLW-USD+0.0044%1h162.23−0.062%$1.1M$2.1M10xas long as short
Vest GLW-USD-PERP+0.0046%1h162.09−0.148%10xas long as short
Ondo Perps GLW-USD.P+0.0050%1h162.01−0.197%$303K$107K10xas long as short
KuCoin GLWUSDTM+0.0100%8h162.13−0.123%$326K$947K20xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_GLW_USDC_mythos+0.0100%8h162.21−0.074%$2K$2K10xas long as short
GRVT GLW_USDT_Perp+0.0119%8h162.13−0.123%$131$173K10xas long as short
OKX GLW-USDT-SWAP+0.0242%8h162.39+0.037%$2.3M$4.4M20xas long as short
Bitget GLWUSDTshort+0.0259%8h162.27−0.037%$2.2M$817K20x
BloFin GLW-USDTlong+0.0414%8h162.33long leg$155K$36K20x
Binance GLWUSDT+0.0415%8h162.31−0.012%$10.7M$21.7M20xas long as short
Extended GLW-USD+0.0416%1h162.26−0.040%$2K$1K10xas long as short