Funding arb · Price arb /

GLW

RWAall GLW markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0552%/8h= +60.4% APRpaid last 24h +0.111%

Price spread now: Extended against Bybit+0.006%7-day average — · you sell dearer than you buy

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

Long on Bybit Short on Extended

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—+ Points / potential airdropExtended: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$17 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit GLWUSDT	161.75	0	get 0.0000% / 8h	6h 57m	$932K	$194K	25x
Short	Extended GLW-USD	161.76	0.0552	get 0.0069% / 1h	57m 45s	$2K	$2K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Bybit. 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 BybitbpFee ExtendedbpOrdersPrice spread, now +0.006%Rate

Funding earned: $115.92
Price spread: +0.006% → 0.000%: $0.62
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $100.54
Costs to cover: 0.160%
Break-even: 0.9 days

Slippage unknown: Bybit: live order book, 7 min ago; Extended: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bybit live order book, 7 min ago	2.78 bp	18.3 bp −$18	doesn't fit	doesn't fit	doesn't fit
Sell Extended no order-book sample	—	—	—	—	—

Extended: 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
Aster GLWUSDT	0.0000%	8h	161.98	+0.145%	$41K	$1K	20x	as long as short
Bybit GLWUSDTlong	0.0000%	8h	161.75	long leg	$932K	$194K	25x
Gate GLW_USDT	0.0000%	8h	161.64	−0.068%	$2.2M	$4.2M	50x	as long as short
SunX GLW-USDT	0.0000%	8h	161.64	−0.068%	$1K	$1.9M	10x	as long as short
HTX GLW-USDT	0.0000%	8h	161.93	+0.111%	$17K	$16K	20x	as long as short
Vest GLW-USD-PERP	+0.0046%	1h	161.87	+0.074%	—	—	10x	as long as short
Ondo Perps GLW-USD.P	+0.0050%	1h	161.65	−0.062%	$302K	$110K	10x	as long as short
QFEX GLW-USD	+0.0052%	1h	161.73	−0.012%	$1.1M	$2.2M	10x	as long as short
Paragon para:GLW	+0.0060%	1h	161.78	+0.017%	$321K	$38K	10x	as long as short
KuCoin GLWUSDTM	+0.0100%	8h	161.85	+0.062%	$326K	$986K	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	161.71	−0.025%	$2K	$2K	10x	as long as short
OKX GLW-USDT-SWAP	+0.0219%	8h	161.76	+0.006%	$2.3M	$4.4M	20x	as long as short
GRVT GLW_USDT_Perp	+0.0319%	8h	161.99	+0.148%	$776	$169K	10x	as long as short
Bitget GLWUSDT	+0.0389%	8h	161.76	+0.006%	$2.2M	$806K	20x	as long as short
Binance GLWUSDT	+0.0546%	8h	161.81	+0.037%	$10.8M	$21.6M	20x	as long as short
BloFin GLW-USDT	+0.0551%	8h	161.93	+0.111%	$151K	$36K	20x	as long as short
Extended GLW-USDshort	+0.0552%	1h	161.76	+0.006%	$2K	$2K	10x