Settings8H · net · $10k
Funding arb · Price arb /

GLW

RWAall GLW markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0045%/8h= +4.9% APRnext payment +$0.45 per $10,000 · paid last 24h +0.010%
Price spread now: OKX against GRVT+0.093%7-day average −0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$570.568% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.161%−$16 on $10k
Price spread, last 3 days (all we have)−0.223%−$22 · spread now +0.093%, 7d avg −0.025%
Together, before fees−0.384%+ Points / potential airdropGRVT: Active · farm board−$38 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and OKX is 0.118% dearer against GRVT than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.025%. Mind the row above: over the last 7 days funding on this pair cost −0.161%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT GLW_USDT_Perp161.510.0209pay 0.0209% / 8h7h 52m$102$172K10x
ShortOKX GLW-USDT-SWAP161.660.0254get 0.0254% / 8h7h 52m$2.3M$4.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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

Funding earned
$9.35
Price spread: +0.093% → −0.025%
$11.82
Slippage, 4 orders
−$37.85
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee OKX: 5 bp × 2 orders
−$10
Net
−$35.67
Costs to cover
0.568%
Break-even
33.7 days
Slippage from GRVT: live order book, 15 min ago; OKX: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GRVT live order book, 15 min ago1.86 bp12.5 bp −$1331.9 bp −$319doesn't fitdoesn't fit
Sell OKX live order book, 5 min ago1.55 bp11.7 bp −$1229.2 bp −$292doesn't fitdoesn't fit

GLW on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster GLWUSDT0.0000%8h161.82+0.190%$41K$1K20xas long as short
Bybit GLWUSDT0.0000%8h161.67+0.099%$936K$193K25xas long as short
Gate GLW_USDT0.0000%8h161.49−0.012%$2.2M$4.2M50xas long as short
SunX GLW-USDT0.0000%8h161.61+0.062%$999$1.9M10xas long as short
HTX GLW-USDT0.0000%8h161.75+0.149%$17K$16K20xas long as short
Vest GLW-USD-PERP+0.0046%1h161.70+0.118%10xas long as short
Ondo Perps GLW-USD.P+0.0050%1h161.59+0.050%$301K$109K10xas long as short
QFEX GLW-USD+0.0052%1h161.64+0.080%$1.1M$2.3M10xas long as short
Paragon para:GLW+0.0060%1h161.510.000%$321K$30K10xas long as short
KuCoin GLWUSDTM+0.0100%8h161.65+0.087%$325K$1.0M20xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_GLW_USDC_mythos+0.0100%8h161.72+0.130%$2K$2K10xas long as short
GRVT GLW_USDT_Perplong+0.0209%8h161.51long leg$102$172K10x
Bitget GLWUSDT+0.0227%8h161.59+0.050%$2.2M$817K20xas long as short
OKX GLW-USDT-SWAPshort+0.0254%8h161.66+0.093%$2.3M$4.4M20x
BloFin GLW-USDT+0.0582%8h161.69+0.111%$150K$36K20xas long as short
Binance GLWUSDT+0.0582%8h161.73+0.137%$11.1M$21.2M20xas long as short
Extended GLW-USD+0.0584%1h161.68+0.108%$2K$2K10xas long as short