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+0.0054%/8h= +5.9% APRpaid last 24h +0.058%
Price spread now: OKX against Ondo Perps+0.120%7-day average +0.091% · 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−0.087%−$9 on $10k
Price spread, last 4 days (all we have)−0.132%−$13 · spread now +0.120%, 7d avg +0.091%
Together, before fees−0.220%+ Points / potential airdropOndo Perps: Active · farm board−$22 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 OKX is 0.030% dearer against Ondo Perps than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.091%. Mind the row above: over the last 7 days funding on this pair cost −0.087%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps GLW-USD.P157.760.0050pay 0.0006% / 1h36m 13s$279K$124K10x
ShortOKX GLW-USDT-SWAP157.950.0105get 0.0105% / 8h36m 13s$2.2M$4.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$11.37
Price spread: +0.120% → +0.091%
$2.95
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee OKX: 5 bp × 2 orders
−$10
Net
−$0.67
Costs to cover
0.150%
Break-even
7.4 days
Slippage unknown: Ondo Perps: no order-book sample; OKX: live order book, 1 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 OKX live order book, 1 min ago2.21 bp21.3 bp −$2166.3 bp −$663doesn'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−0.0989%8h157.95+0.120%$2.1M$944K20xas long as short
Gate GLW_USDT−0.0520%8h157.81+0.032%$2.2M$4.4M50xas long as short
BloFin GLW-USDT−0.0024%8h158.00+0.152%$148K$40K20xas long as short
Aster GLWUSDT0.0000%8h158.41+0.411%$40K$1K20xas long as short
Extended GLW-USD0.0000%1h157.89+0.081%$2K$1K10xas long as short
Binance GLWUSDT0.0000%8h157.86+0.063%$10.4M$24.6M20xas long as short
Bybit GLWUSDT0.0000%8h157.86+0.063%$900K$239K25xas long as short
SunX GLW-USDT0.0000%8h157.79+0.019%$1K$1.7M10xas long as short
HTX GLW-USDT0.0000%8h157.89+0.082%$16K$15K20xas long as short
GRVT GLW_USDT_Perp+0.0034%8h157.90+0.086%$453$215K10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX GLW-USD+0.0042%1h157.84+0.051%$1.1M$1.7M10xas long as short
Paragon para:GLW+0.0045%1h157.74−0.012%$307K$41K10xas long as short
Vest GLW-USD-PERP+0.0046%1h157.74−0.013%10xas long as short
Ondo Perps GLW-USD.Plong+0.0050%1h157.76long leg$279K$124K10x
KuCoin GLWUSDTM+0.0100%8h157.59−0.108%$316K$867K20xas long as short
Orderly PERP_GLW_USDC_mythos+0.0100%8h157.84+0.051%$2K$2K10xas long as short
OKX GLW-USDT-SWAPshort+0.0105%8h157.95+0.120%$2.2M$4.8M20x