Funding arb · Price arb /

GLW

RWAall GLW markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0112%/8h= −12.3% APRpaid last 24h −0.103%

Price spread now: Bybit against Extended−0.017%7-day average — · you buy dearer than you sell

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

Long on Extended Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 6 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: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended GLW-USD	158.93	0.0112	pay 0.0014% / 1h	47m 56s	$2K	$1K	10x
Short	Bybit GLWUSDT	158.90	0	get 0.0000% / 8h	2h 47m	$912K	$214K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Extended. 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 ExtendedbpFee BybitbpOrdersPrice spread, now −0.017%Rate

Funding earned: −$23.52
Price spread: −0.017% → 0.000%: −$1.73
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$41.25
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Extended: no order-book sample; Bybit: live order book, 62 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 Extended no order-book sample	—	—	—	—	—
Sell Bybit live order book, 62 min ago	2.17 bp	39.4 bp −$39	194.3 bp −$1,943	doesn't fit	doesn't fit

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
Bitget GLWUSDT	−0.0347%	8h	158.93	+0.002%	$2.1M	$830K	20x	as long as short
Aster GLWUSDT	0.0000%	8h	159.14	+0.135%	$40K	$1K	20x	as long as short
Bybit GLWUSDTshort	0.0000%	8h	158.90	−0.017%	$912K	$214K	25x
Gate GLW_USDT	0.0000%	8h	158.81	−0.074%	$2.2M	$4.3M	50x	as long as short
GRVT GLW_USDT_Perp	0.0000%	8h	159.45	+0.329%	$142	$201K	10x	as long as short
SunX GLW-USDT	0.0000%	8h	159.03	+0.065%	$1K	$1.7M	10x	as long as short
HTX GLW-USDT	0.0000%	8h	159.00	+0.046%	$16K	$16K	20x	as long as short
QFEX GLW-USD	+0.0032%	1h	159.03	+0.065%	$1.1M	$1.8M	10x	as long as short
Vest GLW-USD-PERP	+0.0046%	1h	159.09	+0.102%	—	—	10x	as long as short
Ondo Perps GLW-USD.P	+0.0050%	1h	159.09	+0.102%	$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	−0.002%	$310K	$41K	10x	as long as short
OKX GLW-USDT-SWAP	+0.0086%	8h	158.96	+0.020%	$2.2M	$4.5M	20x	as long as short
KuCoin GLWUSDTM	+0.0100%	8h	159.01	+0.052%	$320K	$914K	20x	as long as short
Orderly PERP_GLW_USDC_mythos	+0.0100%	8h	158.94	+0.008%	$2K	$2K	10x	as long as short
BloFin GLW-USDT	+0.0104%	8h	159.08	+0.096%	$148K	$37K	20x	as long as short
Extended GLW-USDlong	+0.0112%	1h	158.93	long leg	$2K	$1K	10x
Binance GLWUSDT	+0.0115%	8h	158.95	+0.013%	$10.3M	$22.7M	20x	as long as short