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 +0.050%

Price spread now: Gate against Bybit−0.057%7-day average 0.000% · you buy dearer than you sell

Net, funding: paid 7d − costs−$78as in the Funding arb table

Net, price: spread back to 7d avg − costs−$96as in the Price arb table

costs, in and out, $10k−$910.907% of the position

Long on Bybit Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.125%+$12 on $10k

Price spread, last 4 days (all we have)+0.148%+$15 · spread now −0.057%, 7d avg 0.000%

Together, before fees+0.273%+$27 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 0.057% cheaper against Bybit than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of 0.000%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit GLWUSDT	158.90	0	get 0.0000% / 8h	2h 47m	$912K	$214K	25x
Short	Gate GLW_USDT	158.81	0	get 0.0000% / 8h	2h 47m	$2.2M	$4.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.057%Rate

Funding earned: $0
Price spread: −0.057% → 0.000%: −$5.7
Slippage, 4 orders: −$64.65
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$96.35
Costs to cover: 0.907%
Break-even: never at this rate

Slippage from Bybit: live order book, 62 min ago; Gate: live order book, just now.

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, 62 min ago	2.17 bp	18.8 bp −$19	187.3 bp −$1,873	doesn't fit	doesn't fit
Sell Gate live order book, just now	4.41 bp	13.8 bp −$14	156.0 bp −$1,560	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
Bitget GLWUSDT	−0.0347%	8h	158.93	+0.019%	$2.1M	$830K	20x	as long as short
Aster GLWUSDT	0.0000%	8h	159.14	+0.152%	$40K	$1K	20x	as long as short
Bybit GLWUSDTlong	0.0000%	8h	158.90	long leg	$912K	$214K	25x
Gate GLW_USDTshort	0.0000%	8h	158.81	−0.057%	$2.2M	$4.3M	50x
GRVT GLW_USDT_Perp	0.0000%	8h	159.45	+0.346%	$142	$201K	10x	as long as short
SunX GLW-USDT	0.0000%	8h	159.03	+0.082%	$1K	$1.7M	10x	as long as short
HTX GLW-USDT	0.0000%	8h	159.00	+0.063%	$16K	$16K	20x	as long as short
QFEX GLW-USD	+0.0032%	1h	159.03	+0.082%	$1.1M	$1.8M	10x	as long as short
Vest GLW-USD-PERP	+0.0046%	1h	159.09	+0.120%	—	—	10x	as long as short
Ondo Perps GLW-USD.P	+0.0050%	1h	159.09	+0.120%	$290K	$118K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paragon para:GLW	+0.0060%	1h	158.93	+0.016%	$310K	$41K	10x	as long as short
OKX GLW-USDT-SWAP	+0.0086%	8h	158.96	+0.038%	$2.2M	$4.5M	20x	as long as short
KuCoin GLWUSDTM	+0.0100%	8h	159.01	+0.069%	$320K	$914K	20x	as long as short
Orderly PERP_GLW_USDC_mythos	+0.0100%	8h	158.94	+0.025%	$2K	$2K	10x	as long as short
BloFin GLW-USDT	+0.0104%	8h	159.08	+0.113%	$148K	$37K	20x	as long as short
Extended GLW-USD	+0.0112%	1h	158.93	+0.017%	$2K	$1K	10x	as long as short
Binance GLWUSDT	+0.0115%	8h	158.95	+0.030%	$10.3M	$22.7M	20x	as long as short