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: HTX against Ondo Perps+0.183%7-day average — · you sell dearer than you buy

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

Long on Ondo Perps Short on HTX

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

The price spread pays, funding is against you. HTX is 0.183% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.183% now, against zero (this spread has no 7-day history yet)): +$18 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 12 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps GLW-USD.P	158.71	0.0050	pay 0.0006% / 1h	46m 30s	$289K	$117K	10x
Short	HTX GLW-USDT	159.00	0	get 0.0000% / 8h	2h 46m	$16K	$16K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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

Position, each leg$Hold fordaysFee Ondo PerpsbpFee HTXbpOrdersPrice spread, now +0.183%Rate

Funding earned: −$10.58
Price spread: +0.183% → 0.000%: $18.27
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee HTX: 6 bp × 2 orders: −$12
Net: −$9.31
Costs to cover: 0.170%
Break-even: from the start

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

Ondo Perps and HTX: 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	−0.0368%	8h	158.74	+0.019%	$2.1M	$836K	20x	as long as short
Aster GLWUSDT	0.0000%	8h	158.94	+0.142%	$40K	$1K	20x	as long as short
Bybit GLWUSDT	0.0000%	8h	158.69	−0.013%	$911K	$215K	25x	as long as short
Gate GLW_USDT	0.0000%	8h	158.63	−0.050%	$2.2M	$4.3M	50x	as long as short
GRVT GLW_USDT_Perp	0.0000%	8h	159.45	+0.466%	$142	$201K	10x	as long as short
SunX GLW-USDT	0.0000%	8h	159.03	+0.202%	$1K	$1.7M	10x	as long as short
HTX GLW-USDTshort	0.0000%	8h	159.00	+0.183%	$16K	$16K	20x
QFEX GLW-USD	+0.0032%	1h	158.79	+0.050%	$1.1M	$1.8M	10x	as long as short
Vest GLW-USD-PERP	+0.0046%	1h	158.76	+0.032%	—	—	10x	as long as short
Ondo Perps GLW-USD.Plong	+0.0050%	1h	158.71	long leg	$289K	$117K	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	158.65	−0.037%	$309K	$41K	10x	as long as short
OKX GLW-USDT-SWAP	+0.0082%	8h	158.80	+0.057%	$2.2M	$4.5M	20x	as long as short
BloFin GLW-USDT	+0.0087%	8h	158.96	+0.158%	$148K	$37K	20x	as long as short
KuCoin GLWUSDTM	+0.0100%	8h	158.70	−0.006%	$319K	$913K	20x	as long as short
Orderly PERP_GLW_USDC_mythos	+0.0100%	8h	158.90	+0.120%	$2K	$2K	10x	as long as short
Binance GLWUSDT	+0.0108%	8h	158.78	+0.044%	$10.3M	$22.7M	20x	as long as short
Extended GLW-USD	+0.0112%	1h	158.71	−0.002%	$2K	$1K	10x	as long as short