GLW

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0097%/8h= +10.6% APRnext payment +$0.97 per $10,000 · paid last 24h +0.063%

Price spread now: GRVT against Bybit+0.099%7-day average +0.067% · you sell dearer than you buy

Net, funding: paid 7d − costs−$63as in the Funding arb table

Net, price: spread back to 7d avg − costs−$91as in the Price arb table

costs, in and out, $10k−$950.946% of the position

Long on Bybit Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.312%+$31 on $10k

Price spread, last 4 days (all we have)+0.081%+$8 · spread now +0.099%, 7d avg +0.067%

Together, before fees+0.393%+ Points / potential airdropGRVT: Active · farm board+$39 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and GRVT is 0.032% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.067%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit GLWUSDT	162.10	0	get 0.0000% / 8h	6h 20m	$931K	$197K	25x
Short	GRVT GLW_USDT_Perp	162.26	0.0097	get 0.0097% / 8h	6h 20m	$417	$170K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Bybit. 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

Position, each leg$Hold fordaysFee BybitbpFee GRVTbpOrdersPrice spread, now +0.099%Rate

Funding earned: $20.37
Price spread: +0.099% → +0.067%: $3.22
Slippage, 4 orders: −$74.65
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$71.06
Costs to cover: 0.946%
Break-even: 31.4 days

Slippage from Bybit: live order book, 44 min ago; GRVT: live order book, 42 min ago.

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 Bybit live order book, 44 min ago	2.78 bp	18.3 bp −$18	doesn't fit	doesn't fit	doesn't fit
Sell GRVT live order book, 42 min ago	2.16 bp	13.8 bp −$14	doesn't fit	doesn't fit	doesn't fit

GLW on 16 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
Paragon para:GLW	−0.0294%	1h	162.02	−0.051%	$322K	$38K	10x	as long as short
Aster GLWUSDT	0.0000%	8h	162.21	+0.066%	$41K	$1K	20x	as long as short
Bybit GLWUSDTlong	0.0000%	8h	162.10	long leg	$931K	$197K	25x
Gate GLW_USDT	0.0000%	8h	162.05	−0.031%	$2.2M	$4.3M	50x	as long as short
SunX GLW-USDT	0.0000%	8h	162.12	+0.012%	$1K	$1.8M	10x	as long as short
HTX GLW-USDT	0.0000%	8h	162.32	+0.136%	$17K	$16K	20x	as long as short
QFEX GLW-USD	+0.0034%	1h	162.15	+0.031%	$1.1M	$2.2M	10x	as long as short
Vest GLW-USD-PERP	+0.0046%	1h	162.16	+0.037%	—	—	10x	as long as short
Ondo Perps GLW-USD.P	+0.0050%	1h	162.19	+0.056%	$303K	$106K	10x	as long as short
GRVT GLW_USDT_Perpshort	+0.0097%	8h	162.26	+0.099%	$417	$170K	10x

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin GLWUSDTM	+0.0100%	8h	162.10	0.000%	$326K	$969K	20x	as long as short
Orderly PERP_GLW_USDC_mythos	+0.0100%	8h	162.16	+0.037%	$2K	$2K	10x	as long as short
OKX GLW-USDT-SWAP	+0.0194%	8h	162.23	+0.080%	$2.3M	$4.4M	20x	as long as short
Bitget GLWUSDT	+0.0366%	8h	162.12	+0.012%	$2.2M	$815K	20x	as long as short
Binance GLWUSDT	+0.0478%	8h	162.17	+0.043%	$10.7M	$21.7M	20x	as long as short
Extended GLW-USD	+0.0480%	1h	162.13	+0.016%	$2K	$1K	10x	as long as short