Funding arb · Price arb /

GLW

RWAall GLW markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against SunX−0.006%7-day average +0.016% · you buy dearer than you sell

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

Long on SunX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.077%−$8 on $10k

Price spread, last 4 days (all we have)+0.046%+$5 · spread now −0.006%, 7d avg +0.016%

Together, before fees−0.031%−$3 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.022% cheaper against SunX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.016%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX GLW-USDT	162.06	0	get 0.0000% / 8h	4h 46m	$891	$1.8M	10x
Short	Bybit GLWUSDT	162.05	0	get 0.0000% / 8h	4h 46m	$930K	$199K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against SunX. 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 SunXbpFee BybitbpOrdersPrice spread, now −0.006%Rate

Funding earned: $0
Price spread: −0.006% → +0.016%: −$2.18
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$21.18
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 10 min ago; Bybit: live order book, 9 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 SunX live order book, 10 min ago	500.48 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 9 min ago	4.31 bp	21.8 bp −$22	173.6 bp −$1,736	doesn't fit	doesn't fit

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	−0.0442%	1h	161.96	−0.065%	$322K	$37K	10x	as long as short
Aster GLWUSDT	0.0000%	8h	162.37	+0.194%	$41K	$1K	20x	as long as short
Bybit GLWUSDTshort	0.0000%	8h	162.05	−0.006%	$930K	$199K	25x
Gate GLW_USDT	0.0000%	8h	161.98	−0.049%	$2.2M	$4.3M	50x	as long as short
SunX GLW-USDTlong	0.0000%	8h	162.06	long leg	$891	$1.8M	10x
HTX GLW-USDT	0.0000%	8h	162.14	+0.049%	$17K	$16K	20x	as long as short
Vest GLW-USD-PERP	+0.0046%	1h	162.11	+0.031%	—	—	10x	as long as short
Ondo Perps GLW-USD.P	+0.0050%	1h	161.96	−0.062%	$303K	$108K	10x	as long as short
QFEX GLW-USD	+0.0078%	1h	162.09	+0.019%	$1.1M	$2.0M	10x	as long as short
KuCoin GLWUSDTM	+0.0100%	8h	162.15	+0.056%	$327K	$938K	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_GLW_USDC_mythos	+0.0100%	8h	162.13	+0.043%	$2K	$2K	10x	as long as short
GRVT GLW_USDT_Perp	+0.0140%	8h	162.13	+0.042%	$447	$179K	10x	as long as short
Bitget GLWUSDT	+0.0241%	8h	162.12	+0.037%	$2.2M	$839K	20x	as long as short
OKX GLW-USDT-SWAP	+0.0247%	8h	162.18	+0.074%	$2.3M	$4.4M	20x	as long as short
BloFin GLW-USDT	+0.0353%	8h	162.15	+0.056%	$156K	$36K	20x	as long as short
Extended GLW-USD	+0.0368%	1h	162.09	+0.017%	$2K	$1K	10x	as long as short
Binance GLWUSDT	+0.0371%	8h	162.13	+0.043%	$10.7M	$21.9M	20x	as long as short