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+0.0082%/8h= +9.0% APRnext payment +$0.82 per $10,000 · paid last 24h +0.033%
Price spread now: GRVT against KuCoin−0.006%53s7-day average +0.122% · you buy dearer than you sell
Net, funding: paid 7d − costs−$832as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$8348.344% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.025%+$3 on $10k
Price spread, last 3 days (all we have)+0.220%+$22 · spread now −0.006%, 7d avg +0.122%
Together, before fees+0.245%+ Points / potential airdropGRVT: Active · farm board+$25 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.128% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.006% now, against its 7-day average of +0.122%). If the spread goes back, that is −$13 on $10k: about 5.2 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.025% in total) that is about 35 days. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin GLWUSDTM161.970.0100pay 0.0100% / 8h7h 04m$325K$988K20x
ShortGRVT GLW_USDT_Perp161.960.0182get 0.0182% / 8h7h 04m$100$168K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against KuCoin. 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
$17.22
Price spread: −0.006% → +0.122%
−$12.83
Slippage, 4 orders
−$813.38
Fee KuCoin: 6 bp × 2 orders
−$12
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$830
Costs to cover
8.344%
Break-even
344.4 days
Slippage from KuCoin: live order book, 25 min ago; GRVT: live order book, 63 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 KuCoin live order book, 25 min ago3.72 bp455.8 bp −$456doesn't fitdoesn't fitdoesn't fit
Sell GRVT live order book, 63 min ago1.86 bp14.5 bp −$15doesn't fitdoesn'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%8h162.14+0.108%$41K$1K20xas long as short
Bybit GLWUSDT0.0000%8h162.00+0.019%$934K$194K25xas long as short
Gate GLW_USDT0.0000%8h162.01+0.025%$2.2M$4.3M50xas long as short
SunX GLW-USDT0.0000%8h162.05+0.049%$964$1.9M10xas long as short
HTX GLW-USDT0.0000%8h162.03+0.037%$17K$16K20xas long as short
Vest GLW-USD-PERP+0.0046%1h162.04+0.043%10xas long as short
Ondo Perps GLW-USD.P+0.0050%1h161.90−0.043%$303K$109K10xas long as short
QFEX GLW-USD+0.0052%1h162.20+0.142%$1.2M$2.3M10xas long as short
Paragon para:GLW+0.0060%1h161.97−0.003%$322K$38K10xas long as short
KuCoin GLWUSDTMlong+0.0100%8h161.97long leg$325K$988K20x
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_GLW_USDC_mythos+0.0100%8h162.15+0.111%$2K$2K10xas long as short
GRVT GLW_USDT_Perpshort+0.0182%8h161.96−0.006%$100$168K10x
OKX GLW-USDT-SWAP+0.0228%8h162.21+0.148%$2.3M$4.4M20xas long as short
Bitget GLWUSDT+0.0389%8h162.15+0.111%$2.2M$806K20xas long as short
BloFin GLW-USDT+0.0529%8h162.12+0.093%$151K$36K20xas long as short
Extended GLW-USD+0.0544%1h162.19+0.138%$2K$2K10xas long as short
Binance GLWUSDT+0.0552%8h162.24+0.167%$10.8M$21.6M20xas long as short