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 +0.079%

Price spread now: Gate against SunX−0.050%7-day average +0.015% · you buy dearer than you sell

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

Long on SunX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.048%+$5 on $10k

Price spread, last 3 days (all we have)+0.116%+$12 · spread now −0.050%, 7d avg +0.015%

Together, before fees+0.165%+$16 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: Gate is 0.065% cheaper against SunX than usual: you would sell low and buy high, −$6 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	160.55	0	get 0.0000% / 8h	43m 39s	$1K	$2.0M	10x
Short	Gate GLW_USDT	160.47	0	get 0.0000% / 8h	43m 39s	$2.2M	$4.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.050%Rate

Funding earned: $0
Price spread: −0.050% → +0.015%: −$6.49
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$29.49
Costs to cover: 0.230%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 12 min ago; Gate: 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, 12 min ago	500.56 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	6.85 bp	20.6 bp −$21	153.6 bp −$1,536	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
Paragon para:GLW	−0.0094%	1h	160.44	−0.067%	$319K	$27K	10x	as long as short
Aster GLWUSDT	0.0000%	8h	160.56	+0.005%	$41K	$1K	20x	as long as short
Bybit GLWUSDT	0.0000%	8h	160.45	−0.062%	$915K	$218K	25x	as long as short
Gate GLW_USDTshort	0.0000%	8h	160.47	−0.050%	$2.2M	$4.2M	50x
SunX GLW-USDTlong	0.0000%	8h	160.55	long leg	$1K	$2.0M	10x
HTX GLW-USDT	0.0000%	8h	161.05	+0.311%	$17K	$16K	20x	as long as short
Bitget GLWUSDT	+0.0007%	8h	160.62	+0.044%	$2.2M	$898K	20x	as long as short
Vest GLW-USD-PERP	+0.0046%	1h	160.41	−0.087%	—	—	10x	as long as short
Ondo Perps GLW-USD.P	+0.0050%	1h	160.38	−0.106%	$302K	$86K	10x	as long as short
QFEX GLW-USD	+0.0065%	1h	160.46	−0.056%	$1.1M	$2.2M	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin GLWUSDTM	+0.0100%	8h	160.55	0.000%	$322K	$988K	20x	as long as short
Orderly PERP_GLW_USDC_mythos	+0.0100%	8h	160.60	+0.031%	$2K	$2K	10x	as long as short
OKX GLW-USDT-SWAP	+0.0224%	8h	160.75	+0.125%	$2.3M	$4.5M	20x	as long as short
BloFin GLW-USDT	+0.0395%	8h	160.69	+0.087%	$150K	$33K	20x	as long as short
Extended GLW-USD	+0.0408%	1h	160.58	+0.016%	$2K	$2K	10x	as long as short
Binance GLWUSDT	+0.0418%	8h	160.60	+0.033%	$10.9M	$20.8M	20x	as long as short
GRVT GLW_USDT_Perp	+0.0476%	8h	160.62	+0.044%	$395	$179K	10x	as long as short