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 +0.079%

Price spread now: Gate against SunX−0.025%7-day average +0.017% · you buy dearer than you sell

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

Long on SunX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.048%+$5 on $10k

Price spread, last 3 days (all we have)+0.105%+$10 · spread now −0.025%, 7d avg +0.017%

Together, before fees+0.153%+$15 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: Gate is 0.042% cheaper against SunX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.017%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX GLW-USDT	159.18	0	get 0.0000% / 8h	2h 28m	$990	$2.0M	10x
Short	Gate GLW_USDT	159.14	0	get 0.0000% / 8h	2h 28m	$2.2M	$4.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.025%Rate

Funding earned: $0
Price spread: −0.025% → +0.017%: −$4.18
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$27.18
Costs to cover: 0.230%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 7 min ago; Gate: live order book, 4 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, 7 min ago	500.50 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 4 min ago	4.40 bp	16.4 bp −$16	143.0 bp −$1,430	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
Aster GLWUSDT	0.0000%	8h	159.21	+0.021%	$40K	$1K	20x	as long as short
Bybit GLWUSDT	0.0000%	8h	159.12	−0.038%	$912K	$216K	25x	as long as short
Gate GLW_USDTshort	0.0000%	8h	159.14	−0.025%	$2.2M	$4.2M	50x
Bitget GLWUSDT	0.0000%	8h	159.26	+0.050%	$2.1M	$872K	20x	as long as short
SunX GLW-USDTlong	0.0000%	8h	159.18	long leg	$990	$2.0M	10x
HTX GLW-USDT	0.0000%	8h	159.33	+0.094%	$16K	$16K	20x	as long as short
Vest GLW-USD-PERP	+0.0046%	1h	159.18	0.000%	—	—	10x	as long as short
QFEX GLW-USD	+0.0048%	1h	159.28	+0.063%	$1.1M	$2.1M	10x	as long as short
Ondo Perps GLW-USD.P	+0.0050%	1h	159.24	+0.038%	$298K	$84K	10x	as long as short
Paragon para:GLW	+0.0060%	1h	159.05	−0.080%	$316K	$27K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX GLW-USDT-SWAP	+0.0100%	8h	159.38	+0.126%	$2.3M	$4.4M	20x	as long as short
KuCoin GLWUSDTM	+0.0100%	8h	159.25	+0.044%	$318K	$1.0M	20x	as long as short
Orderly PERP_GLW_USDC_mythos	+0.0100%	8h	159.27	+0.057%	$2K	$2K	10x	as long as short
Binance GLWUSDT	+0.0136%	8h	159.30	+0.075%	$10.8M	$21.0M	20x	as long as short
Extended GLW-USD	+0.0136%	1h	159.28	+0.064%	$2K	$2K	10x	as long as short
BloFin GLW-USDT	+0.0152%	8h	159.37	+0.119%	$151K	$33K	20x	as long as short
GRVT GLW_USDT_Perp	+0.0247%	8h	159.16	−0.013%	$18	$192K	10x	as long as short