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: SunX against Gate+0.043%7-day average −0.011% · you sell dearer than you buy

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

Long on Gate Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.048%−$5 on $10k

Price spread, last 3 days (all we have)−0.093%−$9 · spread now +0.043%, 7d avg −0.011%

Together, before fees−0.141%−$14 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: SunX is 0.054% dearer against Gate than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.011%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate GLW_USDT	162.11	0	get 0.0000% / 8h	6h 22m	$2.2M	$4.3M	50x
Short	SunX GLW-USDT	162.18	0	get 0.0000% / 8h	6h 22m	$1K	$1.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.043%Rate

Funding earned: $0
Price spread: +0.043% → −0.011%: $5.44
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee SunX: 4 bp × 2 orders: −$8
Net: −$17.56
Costs to cover: 0.230%
Break-even: never at this rate

Slippage unknown: Gate: live order book, 6 min ago; SunX: live order book, 3 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 Gate live order book, 6 min ago	12.01 bp	23.2 bp −$23	410.4 bp −$4,104	doesn't fit	doesn't fit
Sell SunX live order book, 3 min ago	500.31 bp	doesn't fit	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	−0.0291%	1h	162.08	−0.017%	$322K	$38K	10x	as long as short
Aster GLWUSDT	0.0000%	8h	162.34	+0.139%	$41K	$1K	20x	as long as short
Bybit GLWUSDT	0.0000%	8h	162.19	+0.049%	$931K	$197K	25x	as long as short
Gate GLW_USDTlong	0.0000%	8h	162.11	long leg	$2.2M	$4.3M	50x
SunX GLW-USDTshort	0.0000%	8h	162.18	+0.043%	$1K	$1.8M	10x
HTX GLW-USDT	0.0000%	8h	162.32	+0.130%	$17K	$16K	20x	as long as short
QFEX GLW-USD	+0.0034%	1h	162.20	+0.056%	$1.1M	$2.2M	10x	as long as short
Vest GLW-USD-PERP	+0.0046%	1h	162.20	+0.056%	—	—	10x	as long as short
Ondo Perps GLW-USD.P	+0.0050%	1h	162.19	+0.049%	$303K	$106K	10x	as long as short
GRVT GLW_USDT_Perp	+0.0099%	8h	162.30	+0.115%	$417	$170K	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin GLWUSDTM	+0.0100%	8h	162.18	+0.043%	$327K	$969K	20x	as long as short
Orderly PERP_GLW_USDC_mythos	+0.0100%	8h	162.28	+0.105%	$2K	$2K	10x	as long as short
OKX GLW-USDT-SWAP	+0.0194%	8h	162.40	+0.179%	$2.3M	$4.4M	20x	as long as short
Bitget GLWUSDT	+0.0363%	8h	162.16	+0.031%	$2.2M	$815K	20x	as long as short
Extended GLW-USD	+0.0480%	1h	162.22	+0.070%	$2K	$1K	10x	as long as short
Binance GLWUSDT	+0.0480%	8h	162.26	+0.091%	$10.7M	$21.7M	20x	as long as short