Funding arb · Price arb /

GLW

RWAall GLW markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0223%/8h= +24.4% APRpaid last 24h −0.013%

Price spread now: Extended against GRVT+0.042%7-day average — · you sell dearer than you buy

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

Long on GRVT Short on Extended

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 airdropGRVT: Active · Extended: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Extended is 0.042% dearer against GRVT than usual: you sell high and buy low: +$4 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	GRVT GLW_USDT_Perp	162.24	0.0137	pay 0.0137% / 8h	4h 41m	$568	$180K	10x
Short	Extended GLW-USD	162.31	0.0360	get 0.0045% / 1h	41m 13s	$2K	$1K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against GRVT. 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 GRVTbpFee ExtendedbpOrdersPrice spread, now +0.042%Rate

Funding earned: $46.83
Price spread: +0.042% → 0.000%: $4.21
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $37.04
Costs to cover: 0.140%
Break-even: 1.5 days

Slippage unknown: GRVT: live order book, 12 min ago; Extended: 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 GRVT live order book, 12 min ago	2.16 bp	18.3 bp −$18	304.9 bp −$3,049	doesn't fit	doesn't fit
Sell Extended no order-book sample	—	—	—	—	—

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
Paragon para:GLW	−0.0400%	1h	162.17	−0.043%	$322K	$37K	10x	as long as short
Aster GLWUSDT	0.0000%	8h	162.55	+0.191%	$41K	$1K	20x	as long as short
Bybit GLWUSDT	0.0000%	8h	162.26	+0.013%	$931K	$200K	25x	as long as short
Gate GLW_USDT	0.0000%	8h	162.18	−0.037%	$2.2M	$4.3M	50x	as long as short
SunX GLW-USDT	0.0000%	8h	162.21	−0.018%	$855	$1.8M	10x	as long as short
HTX GLW-USDT	0.0000%	8h	162.35	+0.068%	$17K	$16K	20x	as long as short
Vest GLW-USD-PERP	+0.0046%	1h	162.26	+0.013%	—	—	10x	as long as short
Ondo Perps GLW-USD.P	+0.0050%	1h	162.02	−0.135%	$303K	$108K	10x	as long as short
QFEX GLW-USD	+0.0078%	1h	162.29	+0.031%	$1.1M	$2.0M	10x	as long as short
KuCoin GLWUSDTM	+0.0100%	8h	162.24	0.000%	$327K	$938K	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	162.32	+0.050%	$2K	$2K	10x	as long as short
GRVT GLW_USDT_Perplong	+0.0137%	8h	162.24	long leg	$568	$180K	10x
Bitget GLWUSDT	+0.0225%	8h	162.29	+0.031%	$2.2M	$848K	20x	as long as short
OKX GLW-USDT-SWAP	+0.0247%	8h	162.39	+0.093%	$2.3M	$4.4M	20x	as long as short
Extended GLW-USDshort	+0.0360%	1h	162.31	+0.042%	$2K	$1K	10x
Binance GLWUSDT	+0.0364%	8h	162.35	+0.068%	$10.7M	$21.9M	20x	as long as short
BloFin GLW-USDT	+0.0373%	8h	162.33	+0.056%	$155K	$36K	20x	as long as short