Funding arb · Price arb /

GLW

RWAall GLW markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against Orderly−0.006%7-day average — · you buy dearer than you sell

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

Long on Orderly Short on KuCoin

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—needs both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_GLW_USDC_mythos	159.46	0.0100	pay 0.0100% / 8h	1h 46m	$2K	$2K	10x
Short	KuCoin GLWUSDTM	159.45	0.0100	get 0.0100% / 8h	1h 46m	$317K	$980K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Orderly. 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 OrderlybpFee KuCoinbpOrdersPrice spread, now −0.006%Rate

Funding earned: $0
Price spread: −0.006% → 0.000%: −$0.63
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$18.63
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; KuCoin: live order book, 28 min ago. 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 Orderly no order-book sample	—	—	—	—	—
Sell KuCoin live order book, 28 min ago	13.81 bp	434.2 bp −$434	doesn't fit	doesn't fit	doesn't fit

Orderly: 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
Paragon para:GLW	−0.0016%	1h	159.37	−0.060%	$317K	$27K	10x	as long as short
Aster GLWUSDT	0.0000%	8h	159.47	+0.008%	$41K	$1K	20x	as long as short
Bybit GLWUSDT	0.0000%	8h	159.42	−0.025%	$914K	$216K	25x	as long as short
Gate GLW_USDT	0.0000%	8h	159.31	−0.094%	$2.2M	$4.1M	50x	as long as short
Bitget GLWUSDT	0.0000%	8h	159.43	−0.019%	$2.2M	$868K	20x	as long as short
SunX GLW-USDT	0.0000%	8h	159.40	−0.038%	$907	$2.0M	10x	as long as short
HTX GLW-USDT	0.0000%	8h	159.48	+0.013%	$16K	$16K	20x	as long as short
Vest GLW-USD-PERP	+0.0046%	1h	159.40	−0.038%	—	—	10x	as long as short
QFEX GLW-USD	+0.0050%	1h	159.43	−0.019%	$1.1M	$2.1M	10x	as long as short
Ondo Perps GLW-USD.P	+0.0050%	1h	159.25	−0.132%	$299K	$85K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin GLWUSDTMshort	+0.0100%	8h	159.45	−0.006%	$317K	$980K	20x
Orderly PERP_GLW_USDC_mythoslong	+0.0100%	8h	159.46	long leg	$2K	$2K	10x
OKX GLW-USDT-SWAP	+0.0112%	8h	159.46	0.000%	$2.3M	$4.4M	20x	as long as short
Extended GLW-USD	+0.0200%	1h	159.45	−0.005%	$2K	$2K	10x	as long as short
Binance GLWUSDT	+0.0201%	8h	159.48	+0.016%	$10.8M	$21.0M	20x	as long as short
BloFin GLW-USDT	+0.0205%	8h	159.55	+0.056%	$151K	$33K	20x	as long as short
GRVT GLW_USDT_Perp	+0.0319%	8h	159.48	+0.013%	$53	$189K	10x	as long as short