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

GLW

RWAall GLW markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0001%/8h= +0.1% APRpaid last 24h +0.138%
Price spread now: BloFin against Paragon+0.175%7-day average +0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$710.708% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.182%+$18 on $10k
Price spread, last 4 days (all we have)−0.112%−$11 · spread now +0.175%, 7d avg +0.074%
Together, before fees+0.070%+$7 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: BloFin is 0.101% dearer against Paragon than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.074%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParagon para:GLW158.320.0060pay 0.0008% / 1h8m 52s$308K$41K10x
ShortBloFin GLW-USDT158.600.0061get 0.0061% / 8h2h 08m$147K$38K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
$0.21
Price spread: +0.175% → +0.074%
$10.13
Slippage, 4 orders
−$48.78
Fee Paragon: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$60.44
Costs to cover
0.708%
Break-even
2028.5 days
Slippage from Paragon: live order book, 67 min ago; BloFin: live order book, 6 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 Paragon live order book, 67 min ago15.04 bp20.1 bp −$2043.7 bp −$437doesn't fitdoesn't fit
Sell BloFin live order book, 6 min ago1.90 bp12.4 bp −$1228.4 bp −$284doesn'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
Bitget GLWUSDT−0.0999%8h158.54+0.137%$2.1M$881K20xas long as short
Gate GLW_USDT−0.0192%8h158.43+0.068%$2.2M$4.4M50xas long as short
Aster GLWUSDT0.0000%8h158.58+0.165%$40K$1K20xas long as short
Bybit GLWUSDT0.0000%8h158.51+0.118%$913K$223K25xas long as short
SunX GLW-USDT0.0000%8h158.57+0.156%$1K$1.7M10xas long as short
HTX GLW-USDT0.0000%8h158.56+0.150%$16K$16K20xas long as short
GRVT GLW_USDT_Perp+0.0013%8h158.30−0.014%$226$206K10xas long as short
QFEX GLW-USD+0.0032%1h158.55+0.144%$1.1M$1.8M10xas long as short
Vest GLW-USD-PERP+0.0046%1h158.42+0.062%10xas long as short
Ondo Perps GLW-USD.P+0.0050%1h158.06−0.166%$288K$118K10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paragon para:GLWlong+0.0060%1h158.32long leg$308K$41K10x
BloFin GLW-USDTshort+0.0061%8h158.60+0.175%$147K$38K20x
Extended GLW-USD+0.0064%1h158.53+0.129%$2K$1K10xas long as short
Binance GLWUSDT+0.0067%8h158.54+0.137%$10.3M$23.3M20xas long as short
KuCoin GLWUSDTM+0.0100%8h158.36+0.024%$320K$899K20xas long as short
Orderly PERP_GLW_USDC_mythos+0.0100%8h158.46+0.087%$2K$2K10xas long as short
OKX GLW-USDT-SWAP+0.0112%8h158.43+0.068%$2.2M$4.7M20xas long as short