Funding arb · Price arb /

GLW

RWAall GLW markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against SunX+0.038%7-day average +0.015% · you sell dearer than you buy

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

Long on SunX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.077%−$8 on $10k

Price spread, last 4 days (all we have)+0.019%+$2 · spread now +0.038%, 7d avg +0.015%

Together, before fees−0.058%−$6 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: Bybit is 0.023% dearer against SunX than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.015%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX GLW-USDT	158.36	0	get 0.0000% / 8h	2h 04m	$948	$1.7M	10x
Short	Bybit GLWUSDT	158.42	0	get 0.0000% / 8h	2h 04m	$914K	$224K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.038%Rate

Funding earned: $0
Price spread: +0.038% → +0.015%: $2.33
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$16.67
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 11 min ago; Bybit: live order book, 40 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, 11 min ago	500.52 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 40 min ago	3.79 bp	33.6 bp −$34	187.7 bp −$1,877	doesn't fit	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
Bitget GLWUSDT	−0.0950%	8h	158.54	+0.114%	$2.1M	$882K	20x	as long as short
Gate GLW_USDT	−0.0200%	8h	158.37	+0.006%	$2.2M	$4.4M	50x	as long as short
Aster GLWUSDT	0.0000%	8h	158.55	+0.119%	$40K	$1K	20x	as long as short
Bybit GLWUSDTshort	0.0000%	8h	158.42	+0.038%	$914K	$224K	25x
SunX GLW-USDTlong	0.0000%	8h	158.36	long leg	$948	$1.7M	10x
HTX GLW-USDT	0.0000%	8h	158.52	+0.101%	$16K	$16K	20x	as long as short
GRVT GLW_USDT_Perp	+0.0027%	8h	158.55	+0.120%	$680	$207K	10x	as long as short
QFEX GLW-USD	+0.0032%	1h	158.61	+0.158%	$1.1M	$1.8M	10x	as long as short
Vest GLW-USD-PERP	+0.0046%	1h	158.40	+0.025%	—	—	10x	as long as short
Ondo Perps GLW-USD.P	+0.0050%	1h	158.30	−0.038%	$289K	$118K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin GLW-USDT	+0.0052%	8h	158.56	+0.126%	$146K	$38K	20x	as long as short
Paragon para:GLW	+0.0060%	1h	158.38	+0.011%	$308K	$41K	10x	as long as short
Binance GLWUSDT	+0.0070%	8h	158.51	+0.095%	$10.4M	$23.4M	20x	as long as short
Extended GLW-USD	+0.0072%	1h	158.46	+0.066%	$2K	$1K	10x	as long as short
KuCoin GLWUSDTM	+0.0100%	8h	158.33	−0.019%	$319K	$896K	20x	as long as short
Orderly PERP_GLW_USDC_mythos	+0.0100%	8h	158.37	+0.006%	$2K	$2K	10x	as long as short
OKX GLW-USDT-SWAP	+0.0119%	8h	158.48	+0.076%	$2.2M	$4.7M	20x	as long as short