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

GLW

RWAall GLW markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0030%/8h= +3.2% APRnext payment +$0.04 per $10,000 · paid last 24h +0.038%
Price spread now: Ondo Perps against Paragon+0.201%7-day average −0.021% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.092%+$9 on $10k
Price spread, last 4 days (all we have)+0.026%+$3 · spread now +0.201%, 7d avg −0.021%
Together, before fees+0.118%+ Points / potential airdropOndo Perps: Active · farm board+$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Ondo Perps is 0.221% dearer against Paragon than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of −0.021%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParagon para:GLW160.000.0021pay 0.0003% / 1h38m 22s$311K$41K10x
ShortOndo Perps GLW-USD.P160.320.0050get 0.0006% / 1h38m 22s$300K$115K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
$6.22
Price spread: +0.201% → −0.021%
$22.14
Slippage, 4 orders
no order book: not counted
Fee Paragon: 5 bp × 2 orders
−$10
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$13.36
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: Paragon: live order book, 47 min ago; Ondo Perps: 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
LegHalf-spread$10k$100k$1M$5M
Buy Paragon live order book, 47 min ago14.51 bp22.7 bp −$2382.6 bp −$826doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster GLWUSDT0.0000%8h160.29+0.181%$41K$1K20xas long as short
Bybit GLWUSDT0.0000%8h159.97−0.018%$918K$200K25xas long as short
Gate GLW_USDT0.0000%8h160.01+0.007%$2.2M$4.2M50xas long as short
Bitget GLWUSDT0.0000%8h160.06+0.038%$2.2M$856K20xas long as short
SunX GLW-USDT0.0000%8h159.96−0.024%$1K$1.8M10xas long as short
HTX GLW-USDT0.0000%8h160.57+0.357%$16K$16K20xas long as short
Paragon para:GLWlong+0.0021%1h160.00long leg$311K$41K10x
GRVT GLW_USDT_Perp+0.0025%8h160.61+0.385%$344$192K10xas long as short
Vest GLW-USD-PERP+0.0046%1h160.14+0.088%10xas long as short
QFEX GLW-USD+0.0050%1h160.06+0.038%$1.1M$1.9M10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps GLW-USD.Pshort+0.0050%1h160.32+0.201%$300K$115K10x
KuCoin GLWUSDTM+0.0100%8h160.07+0.045%$322K$929K20xas long as short
Orderly PERP_GLW_USDC_mythos+0.0100%8h160.00+0.001%$2K$2K10xas long as short
OKX GLW-USDT-SWAP+0.0171%8h160.18+0.113%$2.2M$4.4M20xas long as short
Extended GLW-USD+0.0216%1h160.08+0.049%$2K$1K10xas long as short
Binance GLWUSDT+0.0217%8h160.04+0.025%$10.5M$22.0M20xas long as short
BloFin GLW-USDT+0.0245%8h160.59+0.370%$152K$36K20xas long as short