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

GLW

RWAall GLW markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0036%/8h= −3.9% APRnext payment $0.05 per $10,000 · paid last 24h −0.038%
Price spread now: Paragon against Ondo Perps−0.050%7-day average +0.019% · you buy dearer than you sell
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−0.093%−$9 on $10k
Price spread, last 4 days (all we have)−0.125%−$13 · spread now −0.050%, 7d avg +0.019%
Together, before fees−0.218%+ Points / potential airdropOndo Perps: Active · farm board−$22 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Paragon is 0.069% cheaper against Ondo Perps than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.019%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps GLW-USD.P156.300.0050pay 0.0006% / 1h40m 54s$275K$128K10x
ShortParagon para:GLW156.220.0014get 0.0002% / 1h40m 54s$304K$41K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paragon 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
−$7.57
Price spread: −0.050% → +0.019%
−$6.9
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Paragon: 5 bp × 2 orders
−$10
Net
−$29.47
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Paragon: live order book, 25 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 Paragon live order book, 25 min ago15.48 bp31.3 bp −$3162.6 bp −$626doesn'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−0.1121%8h156.45+0.096%$2.1M$910K20xas long as short
Gate GLW_USDT−0.0294%8h156.25−0.032%$2.1M$4.4M50xas long as short
Aster GLWUSDT0.0000%8h156.52+0.140%$40K$1K20xas long as short
Bybit GLWUSDT0.0000%8h156.36+0.038%$905K$228K25xas long as short
SunX GLW-USDT0.0000%8h156.36+0.038%$1K$1.7M10xas long as short
HTX GLW-USDT0.0000%8h156.41+0.070%$16K$16K20xas long as short
Paragon para:GLWshort+0.0014%1h156.22−0.050%$304K$41K10x
BloFin GLW-USDT+0.0018%8h156.35+0.032%$148K$38K20xas long as short
GRVT GLW_USDT_Perp+0.0035%8h156.80+0.317%$792$211K10xas long as short
Binance GLWUSDT+0.0045%8h156.36+0.038%$10.5M$24.2M20xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest GLW-USD-PERP+0.0046%1h156.33+0.019%10xas long as short
Extended GLW-USD+0.0048%1h156.33+0.016%$2K$1K10xas long as short
Ondo Perps GLW-USD.Plong+0.0050%1h156.30long leg$275K$128K10x
QFEX GLW-USD+0.0060%1h156.36+0.038%$1.1M$1.7M10xas long as short
KuCoin GLWUSDTM+0.0100%8h156.35+0.032%$314K$887K20xas long as short
Orderly PERP_GLW_USDC_mythos+0.0100%8h156.23−0.045%$2K$2K10xas long as short
OKX GLW-USDT-SWAP+0.0118%8h156.44+0.090%$2.2M$4.7M20xas long as short