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−0.0051%/8h= −5.5% APRpaid last 24h +0.100%
Price spread now: BloFin against Ondo Perps+0.184%95s7-day average +0.104% · 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+0.089%+$9 on $10k
Price spread, last 4 days (all we have)−0.112%−$11 · spread now +0.184%, 7d avg +0.104%
Together, before fees−0.023%+ Points / potential airdropOndo Perps: Active · farm board−$2 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BloFin is 0.081% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.184% now, against its 7-day average of +0.104%): +$8 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.3 days. Mind the row above: over the last 7 days funding on this pair paid +0.089%, so the current rate has only just turned against you. The two prices were read 95 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.P157.230.0050pay 0.0006% / 1h59m 35s$279K$124K10x
ShortBloFin GLW-USDT157.520.0000pay 0.0000% / 8h59m 35s$148K$39K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$10.62
Price spread: +0.184% → +0.104%
$8.08
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$19.54
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; BloFin: live order book, 10 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 BloFin live order book, 10 min ago1.27 bp13.6 bp −$1431.5 bp −$315doesn't fitdoesn'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 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
Bitget GLWUSDT−0.1162%8h157.51+0.178%$2.1M$922K20xas long as short
Gate GLW_USDT−0.0448%8h157.37+0.089%$2.2M$4.4M50xas long as short
BloFin GLW-USDTshort0.0000%8h157.52+0.184%$148K$39K20x
Aster GLWUSDT0.0000%8h157.55+0.203%$40K$1K20xas long as short
Bybit GLWUSDT0.0000%8h157.29+0.038%$899K$236K25xas long as short
SunX GLW-USDT0.0000%8h157.41+0.114%$1K$1.7M10xas long as short
HTX GLW-USDT0.0000%8h157.65+0.267%$16K$15K20xas long as short
Binance GLWUSDT+0.0005%8h157.47+0.153%$10.4M$24.5M20xas long as short
Extended GLW-USD+0.0008%1h157.42+0.121%$2K$1K10xas long as short
GRVT GLW_USDT_Perp+0.0036%8h157.50+0.172%$158$214K10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest GLW-USD-PERP+0.0046%1h157.43+0.127%10xas long as short
Ondo Perps GLW-USD.Plong+0.0050%1h157.23long leg$279K$124K10x
QFEX GLW-USD+0.0060%1h157.40+0.108%$1.1M$1.7M10xas long as short
Paragon para:GLW+0.0090%1h157.32+0.056%$306K$41K10xas long as short
KuCoin GLWUSDTM+0.0100%8h157.16−0.045%$315K$873K20xas long as short
Orderly PERP_GLW_USDC_mythos+0.0100%8h157.42+0.121%$2K$2K10xas long as short
OKX GLW-USDT-SWAP+0.0107%8h157.51+0.178%$2.2M$4.7M20xas long as short