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

GLW

RWAall GLW markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0041%/8h= +4.5% APRpaid last 24h −0.104%
Price spread now: QFEX against GRVT−0.076%57s7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$510.506% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.164%−$16 on $10k
Price spread, last 4 days (all we have)−0.254%−$25 · spread now −0.076%, 7d avg −0.047%
Together, before fees−0.419%+ Points / potential airdropGRVT: Active · farm board−$42 on $10k · with fees, hour by hour
Funding pays, the price is against you. QFEX is 0.029% cheaper against GRVT than usual: you would sell low and buy high (spread −0.076% now, against its 7-day average of −0.047%). If the spread goes back, that is −$3 on $10k: about 2.4 days of funding at the current rate (+$1 a day). Mind the row above: over the last 4 days funding on this pair cost −0.164%, so the current rate has only just turned in your favour. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT GLW_USDT_Perp160.360.0009pay 0.0009% / 8h3h 27m$553$194K10x
ShortQFEX GLW-USD160.240.0050get 0.0006% / 1h27m 43s$1.1M$1.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
$8.54
Price spread: −0.076% → −0.047%
−$2.88
Slippage, 4 orders
−$31.64
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$44.97
Costs to cover
0.506%
Break-even
43.9 days
Slippage from GRVT: live order book, 20 min ago; QFEX: live order book, 4 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, 20 min ago2.17 bp20.6 bp −$21doesn't fitdoesn't fitdoesn't fit
Sell QFEX live order book, 4 min ago2.18 bp10.2 bp −$1017.0 bp −$170doesn'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%8h160.34−0.015%$41K$1K20xas long as short
Bybit GLWUSDT0.0000%8h160.18−0.114%$919K$201K25xas long as short
Gate GLW_USDT0.0000%8h160.21−0.095%$2.2M$4.2M50xas long as short
Bitget GLWUSDT0.0000%8h160.32−0.026%$2.1M$863K20xas long as short
SunX GLW-USDT0.0000%8h160.27−0.057%$1K$1.8M10xas long as short
HTX GLW-USDT0.0000%8h160.34−0.014%$16K$16K20xas long as short
GRVT GLW_USDT_Perplong+0.0009%8h160.36long leg$553$194K10x
Paragon para:GLW+0.0043%1h160.19−0.107%$312K$41K10xas long as short
Vest GLW-USD-PERP+0.0046%1h160.25−0.070%10xas long as short
QFEX GLW-USDshort+0.0050%1h160.24−0.076%$1.1M$1.9M10x
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps GLW-USD.P+0.0050%1h159.87−0.307%$290K$117K10xas long as short
KuCoin GLWUSDTM+0.0100%8h160.19−0.107%$323K$927K20xas long as short
Orderly PERP_GLW_USDC_mythos+0.0100%8h160.31−0.032%$2K$2K10xas long as short
OKX GLW-USDT-SWAP+0.0153%8h160.28−0.051%$2.2M$4.4M20xas long as short
Binance GLWUSDT+0.0199%8h160.23−0.082%$10.4M$22.2M20xas long as short
Extended GLW-USD+0.0200%1h160.21−0.093%$2K$1K10xas long as short
BloFin GLW-USDT+0.0215%8h160.45+0.055%$152K$36K20xas long as short