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: SunX against Gate+0.025%7-day average −0.014% · you sell dearer than you buy

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

Long on Gate Short on SunX

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)−0.069%−$7 · spread now +0.025%, 7d avg −0.014%

Together, before fees−0.117%−$12 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: SunX is 0.039% dearer against Gate than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.014%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate GLW_USDT	161.60	0	get 0.0000% / 8h	6h 58m	$2.2M	$4.2M	50x
Short	SunX GLW-USDT	161.64	0	get 0.0000% / 8h	6h 58m	$1K	$1.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Gate. 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 GatebpFee SunXbpOrdersPrice spread, now +0.025%Rate

Funding earned: $0
Price spread: +0.025% → −0.014%: $3.89
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee SunX: 4 bp × 2 orders: −$8
Net: −$19.11
Costs to cover: 0.230%
Break-even: never at this rate

Slippage unknown: Gate: live order book, 5 min ago; SunX: live order book, 7 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 Gate live order book, 5 min ago	8.65 bp	16.4 bp −$16	202.9 bp −$2,029	doesn't fit	doesn't fit
Sell SunX live order book, 7 min ago	500.37 bp	doesn't fit	doesn't fit	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	161.92	+0.198%	$41K	$1K	20x	as long as short
Bybit GLWUSDT	0.0000%	8h	161.72	+0.074%	$932K	$194K	25x	as long as short
Gate GLW_USDTlong	0.0000%	8h	161.60	long leg	$2.2M	$4.2M	50x
SunX GLW-USDTshort	0.0000%	8h	161.64	+0.025%	$1K	$1.9M	10x
HTX GLW-USDT	0.0000%	8h	161.93	+0.204%	$17K	$16K	20x	as long as short
Vest GLW-USD-PERP	+0.0046%	1h	161.87	+0.167%	—	—	10x	as long as short
Ondo Perps GLW-USD.P	+0.0050%	1h	161.70	+0.062%	$302K	$109K	10x	as long as short
QFEX GLW-USD	+0.0052%	1h	161.73	+0.080%	$1.1M	$2.2M	10x	as long as short
Paragon para:GLW	+0.0060%	1h	161.78	+0.111%	$321K	$38K	10x	as long as short
KuCoin GLWUSDTM	+0.0100%	8h	161.80	+0.124%	$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	+0.068%	$2K	$2K	10x	as long as short
OKX GLW-USDT-SWAP	+0.0219%	8h	161.79	+0.118%	$2.3M	$4.4M	20x	as long as short
GRVT GLW_USDT_Perp	+0.0319%	8h	161.99	+0.241%	$776	$169K	10x	as long as short
Bitget GLWUSDT	+0.0392%	8h	161.71	+0.068%	$2.2M	$806K	20x	as long as short
Binance GLWUSDT	+0.0550%	8h	161.74	+0.087%	$10.8M	$21.6M	20x	as long as short
BloFin GLW-USDT	+0.0551%	8h	161.93	+0.204%	$151K	$36K	20x	as long as short
Extended GLW-USD	+0.0552%	1h	161.71	+0.068%	$2K	$2K	10x	as long as short