Funding arb · Price arb /

GLW

RWAall GLW markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.050%

Price spread now: Bybit against Gate+0.086%7-day average 0.000% · you sell dearer than you buy

Net, funding: paid 7d − costs−$91as in the Funding arb table

Net, price: spread back to 7d avg − costs−$70as in the Price arb table

costs, in and out, $10k−$780.784% of the position

Long on Gate Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.125%−$12 on $10k

Price spread, last 4 days (all we have)−0.216%−$22 · spread now +0.086%, 7d avg 0.000%

Together, before fees−0.341%−$34 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.087% dearer against Gate than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of 0.000%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate GLW_USDT	161.87	0	get 0.0000% / 8h	3h 58m	$2.2M	$4.2M	50x
Short	Bybit GLWUSDT	162.01	0	get 0.0000% / 8h	3h 58m	$929K	$199K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Gate. 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 GatebpFee BybitbpOrdersPrice spread, now +0.086%Rate

Funding earned: $0
Price spread: +0.086% → 0.000%: $8.68
Slippage, 4 orders: −$52.37
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$69.69
Costs to cover: 0.784%
Break-even: never at this rate

Slippage from Gate: live order book, 5 min ago; Bybit: live order book, 57 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 Gate live order book, 5 min ago	10.50 bp	19.3 bp −$19	240.4 bp −$2,404	doesn't fit	doesn't fit
Sell Bybit live order book, 57 min ago	4.31 bp	21.8 bp −$22	173.6 bp −$1,736	doesn't fit	doesn't fit

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	−0.0149%	1h	161.96	+0.057%	$322K	$37K	10x	as long as short
Aster GLWUSDT	0.0000%	8h	162.37	+0.311%	$41K	$1K	20x	as long as short
Bybit GLWUSDTshort	0.0000%	8h	162.01	+0.086%	$929K	$199K	25x
Gate GLW_USDTlong	0.0000%	8h	161.87	long leg	$2.2M	$4.2M	50x
SunX GLW-USDT	0.0000%	8h	162.01	+0.086%	$1K	$1.8M	10x	as long as short
HTX GLW-USDT	0.0000%	8h	161.81	−0.037%	$17K	$16K	20x	as long as short
Vest GLW-USD-PERP	+0.0046%	1h	162.07	+0.124%	—	—	10x	as long as short
Ondo Perps GLW-USD.P	+0.0050%	1h	161.83	−0.025%	$302K	$108K	10x	as long as short
QFEX GLW-USD	+0.0078%	1h	162.05	+0.111%	$1.1M	$2.0M	10x	as long as short
Bitget GLWUSDT	+0.0097%	8h	162.04	+0.105%	$2.2M	$850K	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin GLWUSDTM	+0.0100%	8h	162.04	+0.105%	$326K	$932K	20x	as long as short
Orderly PERP_GLW_USDC_mythos	+0.0100%	8h	162.06	+0.117%	$2K	$2K	10x	as long as short
GRVT GLW_USDT_Perp	+0.0107%	8h	162.11	+0.147%	$225	$188K	10x	as long as short
OKX GLW-USDT-SWAP	+0.0219%	8h	161.99	+0.074%	$2.3M	$4.3M	20x	as long as short
Extended GLW-USD	+0.0280%	1h	162.06	+0.116%	$2K	$1K	10x	as long as short
Binance GLWUSDT	+0.0283%	8h	162.10	+0.144%	$10.7M	$21.8M	20x	as long as short
BloFin GLW-USDT	+0.0302%	8h	162.04	+0.105%	$155K	$36K	20x	as long as short