Funding arb · Price arb /

GLW

RWAall GLW markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0584%/8h= −63.9% APRpaid last 24h −0.111%

Price spread now: SunX against Extended−0.047%7-day average — · you buy dearer than you sell

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

Long on Extended Short on SunX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

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

Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and SunX is 0.047% cheaper against Extended than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended GLW-USD	161.69	0.0584	pay 0.0073% / 1h	53m 16s	$2K	$2K	10x
Short	SunX GLW-USDT	161.61	0	get 0.0000% / 8h	7h 53m	$999	$1.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Extended. 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 ExtendedbpFee SunXbpOrdersPrice spread, now −0.047%Rate

Funding earned: −$122.64
Price spread: −0.047% → 0.000%: −$4.74
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee SunX: 4 bp × 2 orders: −$8
Net: −$140.38
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Extended: no order-book sample; SunX: live order book, 13 min ago. 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 Extended no order-book sample	—	—	—	—	—
Sell SunX live order book, 13 min ago	500.14 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

Extended: 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
Aster GLWUSDT	0.0000%	8h	161.82	+0.082%	$41K	$1K	20x	as long as short
Bybit GLWUSDT	0.0000%	8h	161.67	−0.010%	$936K	$193K	25x	as long as short
Gate GLW_USDT	0.0000%	8h	161.49	−0.122%	$2.2M	$4.2M	50x	as long as short
SunX GLW-USDTshort	0.0000%	8h	161.61	−0.047%	$999	$1.9M	10x
HTX GLW-USDT	0.0000%	8h	161.75	+0.039%	$17K	$16K	20x	as long as short
Vest GLW-USD-PERP	+0.0046%	1h	161.70	+0.008%	—	—	10x	as long as short
Ondo Perps GLW-USD.P	+0.0050%	1h	161.59	−0.060%	$301K	$109K	10x	as long as short
QFEX GLW-USD	+0.0052%	1h	161.64	−0.029%	$1.1M	$2.3M	10x	as long as short
Paragon para:GLW	+0.0060%	1h	161.51	−0.109%	$321K	$30K	10x	as long as short
KuCoin GLWUSDTM	+0.0100%	8h	161.65	−0.023%	$325K	$1.0M	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_GLW_USDC_mythos	+0.0100%	8h	161.72	+0.021%	$2K	$2K	10x	as long as short
GRVT GLW_USDT_Perp	+0.0209%	8h	161.51	−0.109%	$102	$172K	10x	as long as short
Bitget GLWUSDT	+0.0227%	8h	161.56	−0.078%	$2.2M	$816K	20x	as long as short
OKX GLW-USDT-SWAP	+0.0254%	8h	161.66	−0.017%	$2.3M	$4.4M	20x	as long as short
BloFin GLW-USDT	+0.0582%	8h	161.69	+0.002%	$150K	$36K	20x	as long as short
Binance GLWUSDT	+0.0582%	8h	161.72	+0.020%	$11.1M	$21.2M	20x	as long as short
Extended GLW-USDlong	+0.0584%	1h	161.69	long leg	$2K	$2K	10x