Funding arb · Price arb /

GLW

RWAall GLW markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.006%

Price spread now: Ondo Perps against HTX−0.326%7-day average — · you buy dearer than you sell

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

Long on HTX Short on Ondo Perps

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 airdropOndo Perps: Active · farm boardneeds both histories

Funding pays, the price is against you. Ondo Perps is 0.326% cheaper against HTX than usual: you would sell low and buy high (spread −0.326% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$33 on $10k: about 22 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX GLW-USDT	159.61	0	get 0.0000% / 8h	2h 50m	$16K	$16K	20x
Short	Ondo Perps GLW-USD.P	159.09	0.0050	get 0.0006% / 1h	50m 26s	$290K	$118K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against HTX. 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 HTXbpFee Ondo PerpsbpOrdersPrice spread, now −0.326%Rate

Funding earned: $10.58
Price spread: −0.326% → 0.000%: −$32.58
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$39
Costs to cover: 0.170%
Break-even: 32.8 days

Slippage unknown: HTX: no order-book sample; Ondo Perps: 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 HTX no order-book sample	—	—	—	—	—
Sell Ondo Perps no order-book sample	—	—	—	—	—

HTX and Ondo Perps: 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
Bitget GLWUSDT	−0.0334%	8h	159.29	−0.200%	$2.1M	$831K	20x	as long as short
Aster GLWUSDT	0.0000%	8h	159.29	−0.198%	$40K	$1K	20x	as long as short
Bybit GLWUSDT	0.0000%	8h	159.11	−0.313%	$913K	$214K	25x	as long as short
Gate GLW_USDT	0.0000%	8h	159.18	−0.269%	$2.2M	$4.3M	50x	as long as short
GRVT GLW_USDT_Perp	0.0000%	8h	159.24	−0.229%	$142	$201K	10x	as long as short
SunX GLW-USDT	0.0000%	8h	159.46	−0.094%	$1K	$1.7M	10x	as long as short
HTX GLW-USDTlong	0.0000%	8h	159.61	long leg	$16K	$16K	20x
QFEX GLW-USD	+0.0032%	1h	159.23	−0.238%	$1.1M	$1.8M	10x	as long as short
Vest GLW-USD-PERP	+0.0046%	1h	159.31	−0.188%	—	—	10x	as long as short
Ondo Perps GLW-USD.Pshort	+0.0050%	1h	159.09	−0.326%	$290K	$118K	10x

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paragon para:GLW	+0.0060%	1h	158.98	−0.395%	$310K	$41K	10x	as long as short
OKX GLW-USDT-SWAP	+0.0090%	8h	159.31	−0.188%	$2.2M	$4.5M	20x	as long as short
KuCoin GLWUSDTM	+0.0100%	8h	159.17	−0.276%	$320K	$915K	20x	as long as short
Orderly PERP_GLW_USDC_mythos	+0.0100%	8h	159.15	−0.288%	$2K	$2K	10x	as long as short
BloFin GLW-USDT	+0.0101%	8h	159.60	−0.006%	$149K	$37K	20x	as long as short
Binance GLWUSDT	+0.0117%	8h	159.22	−0.244%	$10.3M	$22.6M	20x	as long as short
Extended GLW-USD	+0.0120%	1h	159.14	−0.296%	$2K	$1K	10x	as long as short