Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Funding arb · Price arb / RWA

GLW

RWAAll GLW markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
Ondo PerpsGLW-USD.P
153.65+0.0050pay 0.0006% / 1h36m 02s$224K$69K10xLong Ondo Perps5% off
SHORT
BingXNCSKGLW2USD-USDT
153.83+0.0195get 0.0195% / 8h3h 36m$948K$1.7M—Short BingX
Price gap+0.117%49s
Funding gap+0.0145% /8h

Funding trade: +$4 a day on $10k at the current rate, before costs. The price gap is at its 7d average.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$6+0.0145% /8h now · paid +0.055% over the last 7D
Price—spread +0.117%49s now · prices read too far apart to compare
Costs−$300.297% of $10k · taker + slippage, in and out
Result—+ Points / potential airdropOndo Perps: points · farm boardneeds both prices read together

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.117%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

GLW on 17 exchanges

lowest funding first

Before you open

2 ok · 4 to watch
  • OK: Fits both order books8.5 / 7.2 bp
    Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
  • Note: Margin at max leverage$1,000 + —
    Ondo Perps 10x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ1h / 8h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: +$4.34Long Ondo Perps: 24 payments, −$1.51; short BingX: 3 payments, +$5.85.
  • Watch: Prices read 49 s apart+0.117% vs +0.116%
    Part of this gap may be the market moving.
  • Watch: Long leg is thinner$224K vs $948K OI
    Ondo Perps sets your exit cost. Check its book before closing.
  • OK: Points on a legOndo Perps points
    Volume here counts toward the points program.
  • Watch: KYCOndo Perps No · BingX Yes
    Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0026%/8h × 21 periods+$5.54
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$14.73
Fee Ondo Perps bp × 2 orders−$5.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$24.19
price spread not counted: prices read too far apart
Costs to cover0.297%Break-even37.6 days
Slippage: Ondo Perps: live order book, 8 min ago; BingX: live order book, 1 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGOndo Perps5.218.5 bp−$830.3 bp−$303doesn’t fitdoesn’t fit
SELL · SHORTBingX0.327.2 bp−$719.5 bp−$19580.3 bp−$8,030497.9 bp−$248.9K

Closing costs about the same again.

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