Funding arb · Price arb /

GLW

RWAall GLW markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.014%

Price spread now: Vest against Bybit+0.068%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Bybit Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVest: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Vest is 0.068% dearer against Bybit than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit GLWUSDT	161.24	0	get 0.0000% / 8h	3h 47m	$925K	$200K	25x
Short	Vest GLW-USD-PERP	161.35	0.0046	get 0.0006% / 1h	47m 10s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now +0.068%Rate

Funding earned: $9.59
Price spread: +0.068% → 0.000%: $6.82
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Vest: 1 bp × 2 orders: −$2
Net: $3.41
Costs to cover: 0.130%
Break-even: 4.5 days

Slippage unknown: Bybit: live order book, 3 min ago; Vest: no order-book sample. Net counts fees only.

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, 3 min ago	2.17 bp	18.8 bp −$19	187.3 bp −$1,873	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

GLW on 17 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	−0.0007%	1h	161.23	−0.004%	$320K	$37K	10x	as long as short
Aster GLWUSDT	0.0000%	8h	161.47	+0.141%	$41K	$1K	20x	as long as short
Bybit GLWUSDTlong	0.0000%	8h	161.24	long leg	$925K	$200K	25x
Gate GLW_USDT	0.0000%	8h	161.20	−0.025%	$2.2M	$4.2M	50x	as long as short
Bitget GLWUSDT	0.0000%	8h	161.46	+0.136%	$2.2M	$850K	20x	as long as short
SunX GLW-USDT	0.0000%	8h	161.44	+0.124%	$943	$1.8M	10x	as long as short
HTX GLW-USDT	0.0000%	8h	161.47	+0.143%	$17K	$16K	20x	as long as short
Vest GLW-USD-PERPshort	+0.0046%	1h	161.35	+0.068%	—	—	10x
QFEX GLW-USD	+0.0050%	1h	161.24	0.000%	$1.1M	$1.9M	10x	as long as short
Ondo Perps GLW-USD.P	+0.0050%	1h	161.30	+0.037%	$301K	$108K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT GLW_USDT_Perp	+0.0053%	8h	161.38	+0.088%	$87	$191K	10x	as long as short
KuCoin GLWUSDTM	+0.0100%	8h	161.23	−0.006%	$324K	$929K	20x	as long as short
Orderly PERP_GLW_USDC_mythos	+0.0100%	8h	161.25	+0.006%	$2K	$2K	10x	as long as short
OKX GLW-USDT-SWAP	+0.0193%	8h	161.43	+0.118%	$2.3M	$4.4M	20x	as long as short
Binance GLWUSDT	+0.0247%	8h	161.29	+0.031%	$10.6M	$21.9M	20x	as long as short
Extended GLW-USD	+0.0248%	1h	161.28	+0.022%	$2K	$1K	10x	as long as short
BloFin GLW-USDT	+0.0276%	8h	161.33	+0.056%	$154K	$36K	20x	as long as short