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

GLW

RWAall GLW markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0072%/8h= +7.9% APRpaid last 24h +0.064%
Price spread now: Binance against Ondo Perps+0.177%46s7-day average +0.102% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.084%+$8 on $10k
Price spread, last 4 days (all we have)−0.274%−$27 · spread now +0.177%, 7d avg +0.102%
Together, before fees−0.190%+ Points / potential airdropOndo Perps: Active · farm board−$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Binance is 0.075% dearer against Ondo Perps than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.102%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps GLW-USD.P158.230.0050pay 0.0006% / 1h47m 46s$280K$111K10x
ShortBinance GLWUSDT158.510.0123get 0.0123% / 8h4h 47m$10.4M$27.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Ondo Perps. 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
$15.15
Price spread: +0.177% → +0.102%
$7.52
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Binance: 5 bp × 2 orders
−$10
Net
$7.67
Costs to cover
0.150%
Break-even
3.5 days
Slippage unknown: Ondo Perps: no order-book sample; Binance: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Ondo Perps no order-book sample
Sell Binance live order book, 2 min ago1.26 bp18.0 bp −$1853.0 bp −$530158.8 bp −$15.9Kdoesn't fit
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 exchanges

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%8h158.52+0.186%$64K$53K20xas long as short
Bybit GLWUSDT0.0000%8h158.37+0.088%$903K$242K25xas long as short
Gate GLW_USDT0.0000%8h158.34+0.070%$2.2M$4.4M50xas long as short
Bitget GLWUSDT0.0000%8h158.47+0.152%$2.1M$1.1M20xas long as short
SunX GLW-USDT0.0000%8h158.22−0.006%$1K$1.5M10xas long as short
HTX GLW-USDT0.0000%8h159.01+0.493%$17K$27K20xas long as short
Vest GLW-USD-PERP+0.0046%1h158.62+0.246%10xas long as short
Ondo Perps GLW-USD.Plong+0.0050%1h158.23long leg$280K$111K10x
Paragon para:GLW+0.0060%1h158.39+0.101%$308K$41K10xas long as short
QFEX GLW-USD+0.0080%1h158.55+0.202%$1.1M$1.8M10xas long as short
Show all 17 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin GLWUSDTM+0.0100%8h158.49+0.164%$379K$872K20xas long as short
Orderly PERP_GLW_USDC_mythos+0.0100%8h158.31+0.051%$2K$3K10xas long as short
Extended GLW-USD+0.0120%1h158.46+0.143%$2K$1K10xas long as short
Binance GLWUSDTshort+0.0123%8h158.51+0.177%$10.4M$27.2M20x
OKX GLW-USDT-SWAP+0.0128%8h158.44+0.133%$2.2M$5.2M20xas long as short
BloFin GLW-USDT+0.0160%8h158.40+0.107%$151K$48K20xas long as short
GRVT GLW_USDT_Perp+0.0443%8h159.01+0.493%$197$247K10xas long as short