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

GLW

RWAall GLW markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0160%/8h= +17.6% APRnext payment +$1.60 per $10,000 · paid last 24h −0.054%
Price spread now: Bitget against OKX−0.031%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$610.614% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.054%+$5 on $10k
Price spread, last 7 days+0.013%+$1 · spread now −0.031%, 7d avg −0.004%
Together, before fees+0.067%+$7 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.027% cheaper against OKX than usual: you would sell low and buy high (spread −0.031% now, against its 7-day average of −0.004%). If the spread goes back, that is −$3 on $10k: about 13 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.054% in total) that is about 3.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX GLW-USDT-SWAP161.780.0187pay 0.0187% / 8h6h 38m$2.3M$4.4M20x
ShortBitget GLWUSDT161.730.0347get 0.0347% / 8h6h 38m$2.2M$808K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against OKX. 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
$33.66
Price spread: −0.031% → −0.004%
−$2.66
Slippage, 4 orders
−$39.39
Fee OKX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$30.38
Costs to cover
0.614%
Break-even
13.3 days
Slippage from OKX: live order book, 4 min ago; Bitget: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 4 min ago2.47 bp12.8 bp −$1333.1 bp −$331doesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago3.09 bp21.5 bp −$2129.5 bp −$295doesn't fitdoesn't fit

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−0.0155%1h161.63−0.095%$321K$38K10xas long as short
Aster GLWUSDT0.0000%8h161.93+0.092%$41K$1K20xas long as short
Bybit GLWUSDT0.0000%8h161.65−0.080%$928K$197K25xas long as short
Gate GLW_USDT0.0000%8h161.64−0.087%$2.2M$4.3M50xas long as short
SunX GLW-USDT0.0000%8h161.69−0.056%$868$1.9M10xas long as short
HTX GLW-USDT0.0000%8h161.82+0.025%$17K$16K20xas long as short
QFEX GLW-USD+0.0034%1h161.74−0.025%$1.1M$2.2M10xas long as short
Vest GLW-USD-PERP+0.0046%1h161.75−0.019%10xas long as short
Ondo Perps GLW-USD.P+0.0050%1h161.70−0.049%$301K$105K10xas long as short
KuCoin GLWUSDTM+0.0100%8h161.71−0.043%$325K$975K20xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_GLW_USDC_mythos+0.0100%8h161.71−0.043%$2K$2K10xas long as short
GRVT GLW_USDT_Perp+0.0107%8h161.96+0.111%$81$167K10xas long as short
OKX GLW-USDT-SWAPlong+0.0187%8h161.78long leg$2.3M$4.4M20x
Bitget GLWUSDTshort+0.0347%8h161.73−0.031%$2.2M$808K20x
Binance GLWUSDT+0.0502%8h161.75−0.016%$10.7M$21.7M20xas long as short
Extended GLW-USD+0.0504%1h161.76−0.011%$2K$1K10xas long as short
BloFin GLW-USDT+0.0561%8h161.82+0.025%$152K$36K20xas long as short