Funding arb · Price arb /

GLW

RWAall GLW markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0060%/8h= −6.6% APRpaid last 24h +0.023%

Price spread now: Aster against Paragon+0.140%7-day average — · you sell dearer than you buy

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

Long on Paragon Short on Aster

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 airdropAster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. Aster is 0.140% dearer against Paragon than usual: you sell high and buy low (spread +0.140% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 7.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paragon para:GLW	159.50	0.0060	pay 0.0008% / 1h	14m 21s	$311K	$41K	10x
Short	Aster GLWUSDT	159.73	0	get 0.0000% / 8h	3h 14m	$41K	$1K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Paragon. 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 ParagonbpFee AsterbpOrdersPrice spread, now +0.140%Rate

Funding earned: −$12.6
Price spread: +0.140% → 0.000%: $13.97
Slippage, 4 orders: no order book: not counted
Fee Paragon: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$16.63
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Paragon: live order book, 1 min ago; Aster: 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 Paragon live order book, 1 min ago	15.04 bp	20.1 bp −$20	43.7 bp −$437	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

Aster: 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 GLWUSDTshort	0.0000%	8h	159.73	+0.140%	$41K	$1K	20x
Bybit GLWUSDT	0.0000%	8h	159.56	+0.035%	$915K	$203K	25x	as long as short
Gate GLW_USDT	0.0000%	8h	159.49	−0.009%	$2.2M	$4.3M	50x	as long as short
Bitget GLWUSDT	0.0000%	8h	159.59	+0.054%	$2.1M	$870K	20x	as long as short
GRVT GLW_USDT_Perp	0.0000%	8h	159.42	−0.053%	$367	$198K	10x	as long as short
SunX GLW-USDT	0.0000%	8h	159.65	+0.092%	$1K	$1.8M	10x	as long as short
HTX GLW-USDT	0.0000%	8h	159.61	+0.067%	$16K	$16K	20x	as long as short
Vest GLW-USD-PERP	+0.0046%	1h	159.57	+0.042%	—	—	10x	as long as short
QFEX GLW-USD	+0.0050%	1h	159.60	+0.060%	$1.1M	$1.8M	10x	as long as short
Ondo Perps GLW-USD.P	+0.0050%	1h	159.37	−0.084%	$288K	$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:GLWlong	+0.0060%	1h	159.50	long leg	$311K	$41K	10x
KuCoin GLWUSDTM	+0.0100%	8h	159.51	+0.004%	$321K	$921K	20x	as long as short
Orderly PERP_GLW_USDC_mythos	+0.0100%	8h	159.62	+0.073%	$2K	$2K	10x	as long as short
OKX GLW-USDT-SWAP	+0.0121%	8h	159.57	+0.042%	$2.2M	$4.4M	20x	as long as short
Binance GLWUSDT	+0.0158%	8h	159.64	+0.088%	$10.4M	$22.4M	20x	as long as short
Extended GLW-USD	+0.0160%	1h	159.59	+0.051%	$2K	$1K	10x	as long as short
BloFin GLW-USDT	+0.0162%	8h	159.73	+0.142%	$151K	$36K	20x	as long as short