Funding arb · Price arb /

GLW

RWAall GLW markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.020%

Price spread now: Bitget against SunX+0.107%7-day average +0.067% · you sell dearer than you buy

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

Long on SunX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.110%+$11 on $10k

Price spread, last 3 days (all we have)−0.034%−$3 · spread now +0.107%, 7d avg +0.067%

Together, before fees+0.076%+$8 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: Bitget is 0.041% dearer against SunX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.067%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX GLW-USDT	158.64	0	get 0.0000% / 8h	3h 32m	$906	$2.0M	10x
Short	Bitget GLWUSDT	158.81	0	get 0.0000% / 8h	3h 32m	$2.1M	$883K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against SunX. 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 SunXbpFee BitgetbpOrdersPrice spread, now +0.107%Rate

Funding earned: $0
Price spread: +0.107% → +0.067%: $4.06
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$15.94
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 4 min ago; Bitget: live order book, 5 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 SunX live order book, 4 min ago	500.79 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 5 min ago	5.04 bp	38.7 bp −$39	46.5 bp −$465	173.1 bp −$17.3K	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	158.67	+0.018%	$40K	$1K	20x	as long as short
Bybit GLWUSDT	0.0000%	8h	158.82	+0.113%	$910K	$217K	25x	as long as short
Gate GLW_USDT	0.0000%	8h	158.63	−0.006%	$2.2M	$4.2M	50x	as long as short
Bitget GLWUSDTshort	0.0000%	8h	158.81	+0.107%	$2.1M	$883K	20x
SunX GLW-USDTlong	0.0000%	8h	158.64	long leg	$906	$2.0M	10x
HTX GLW-USDT	0.0000%	8h	158.73	+0.057%	$16K	$17K	20x	as long as short
OKX GLW-USDT-SWAP	+0.0015%	8h	158.79	+0.095%	$2.3M	$4.4M	20x	as long as short
BloFin GLW-USDT	+0.0027%	8h	158.80	+0.101%	$152K	$33K	20x	as long as short
Extended GLW-USD	+0.0032%	1h	158.79	+0.097%	$2K	$2K	10x	as long as short
Binance GLWUSDT	+0.0036%	8h	158.84	+0.125%	$10.7M	$21.0M	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest GLW-USD-PERP	+0.0046%	1h	158.81	+0.107%	—	—	10x	as long as short
Ondo Perps GLW-USD.P	+0.0050%	1h	158.58	−0.038%	$297K	$83K	10x	as long as short
Paragon para:GLW	+0.0060%	1h	158.72	+0.048%	$315K	$27K	10x	as long as short
QFEX GLW-USD	+0.0060%	1h	158.81	+0.107%	$1.1M	$2.0M	10x	as long as short
GRVT GLW_USDT_Perp	+0.0088%	8h	158.76	+0.076%	$430	$189K	10x	as long as short
KuCoin GLWUSDTM	+0.0100%	8h	158.74	+0.063%	$316K	$1.0M	20x	as long as short
Orderly PERP_GLW_USDC_mythos	+0.0100%	8h	158.72	+0.050%	$2K	$2K	10x	as long as short