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

GLW

RWAall GLW markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0510%/8h= −55.9% APRpaid last 24h −0.105%
Price spread now: Ondo Perps against BloFin−0.074%695s7-day average −0.104% · 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−0.091%−$9 on $10k
Price spread, last 3 days (all we have)+0.005%+$1 · spread now −0.074%, 7d avg −0.104%
Together, before fees−0.086%+ Points / potential airdropOndo Perps: Active · farm board−$9 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.030% dearer against BloFin than usual: you sell high and buy low (spread −0.074% now, against its 7-day average of −0.104%): +$3 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 5 hours. At the pace of the last 7 days (−0.091% in total) that is about 2.3 days. The two prices were read 695 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.091% in total (about -4.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin GLW-USDT161.820.0561pay 0.0561% / 8h6h 37m$152K$36K20x
ShortOndo Perps GLW-USD.P161.700.0050get 0.0006% / 1h37m 28s$301K$105K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against BloFin. 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
−$107.14
Price spread: −0.074% → −0.104%
$2.98
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$121.17
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 14 min ago; Ondo Perps: no order-book sample. 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 BloFin live order book, 14 min ago0.31 bp8.8 bp −$923.3 bp −$233doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
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
Paragon para:GLW−0.0169%1h161.74−0.047%$321K$38K10xas long as short
Aster GLWUSDT0.0000%8h161.99+0.104%$41K$1K20xas long as short
Bybit GLWUSDT0.0000%8h161.73−0.056%$929K$197K25xas long as short
Gate GLW_USDT0.0000%8h161.64−0.111%$2.2M$4.3M50xas long as short
SunX GLW-USDT0.0000%8h161.68−0.087%$868$1.9M10xas long as short
HTX GLW-USDT0.0000%8h161.820.000%$17K$16K20xas long as short
QFEX GLW-USD+0.0034%1h161.74−0.049%$1.1M$2.2M10xas long as short
Vest GLW-USD-PERP+0.0046%1h161.81−0.006%10xas long as short
Ondo Perps GLW-USD.Pshort+0.0050%1h161.70−0.074%$301K$105K10x
GRVT GLW_USDT_Perp+0.0087%8h161.73−0.054%$789$168K10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin GLWUSDTM+0.0100%8h161.77−0.031%$326K$974K20xas long as short
Orderly PERP_GLW_USDC_mythos+0.0100%8h161.76−0.037%$2K$2K10xas long as short
OKX GLW-USDT-SWAP+0.0186%8h161.820.000%$2.3M$4.4M20xas long as short
Bitget GLWUSDT+0.0345%8h161.74−0.049%$2.2M$808K20xas long as short
Binance GLWUSDT+0.0500%8h161.81−0.006%$10.7M$21.7M20xas long as short
Extended GLW-USD+0.0504%1h161.81−0.008%$2K$1K10xas long as short
BloFin GLW-USDTlong+0.0561%8h161.82long leg$152K$36K20x