Funding arb · Price arb /

GLW

RWAall GLW markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0015%/8h= +1.7% APRpaid last 24h +0.101%

Price spread now: BloFin against Vest+0.133%7-day average — · you sell dearer than you buy

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

Long on Vest Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVest: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BloFin is 0.133% dearer against Vest than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest GLW-USD-PERP	158.39	0.0046	pay 0.0006% / 1h	8m 08s	—	—	10x
Short	BloFin GLW-USDT	158.60	0.0061	get 0.0061% / 8h	2h 08m	$147K	$38K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Vest. 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 VestbpFee BloFinbpOrdersPrice spread, now +0.133%Rate

Funding earned: $3.22
Price spread: +0.133% → 0.000%: $13.26
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee BloFin: 6 bp × 2 orders: −$12
Net: $2.47
Costs to cover: 0.140%
Break-even: 1.6 days

Slippage unknown: Vest: no order-book sample; BloFin: live order book, 6 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 Vest no order-book sample	—	—	—	—	—
Sell BloFin live order book, 6 min ago	1.90 bp	12.4 bp −$12	28.4 bp −$284	doesn't fit	doesn't fit

Vest: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget GLWUSDT	−0.0986%	8h	158.59	+0.126%	$2.1M	$881K	20x	as long as short
Gate GLW_USDT	−0.0195%	8h	158.56	+0.107%	$2.2M	$4.4M	50x	as long as short
Aster GLWUSDT	0.0000%	8h	158.58	+0.118%	$40K	$1K	20x	as long as short
Bybit GLWUSDT	0.0000%	8h	158.51	+0.076%	$913K	$223K	25x	as long as short
SunX GLW-USDT	0.0000%	8h	158.51	+0.076%	$894	$1.7M	10x	as long as short
HTX GLW-USDT	0.0000%	8h	158.56	+0.107%	$16K	$16K	20x	as long as short
GRVT GLW_USDT_Perp	+0.0013%	8h	158.30	−0.057%	$226	$206K	10x	as long as short
QFEX GLW-USD	+0.0032%	1h	158.50	+0.069%	$1.1M	$1.8M	10x	as long as short
Vest GLW-USD-PERPlong	+0.0046%	1h	158.39	long leg	—	—	10x
Ondo Perps GLW-USD.P	+0.0050%	1h	158.06	−0.208%	$288K	$118K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paragon para:GLW	+0.0060%	1h	158.41	+0.013%	$309K	$41K	10x	as long as short
BloFin GLW-USDTshort	+0.0061%	8h	158.60	+0.133%	$147K	$38K	20x
Extended GLW-USD	+0.0064%	1h	158.53	+0.089%	$2K	$1K	10x	as long as short
Binance GLWUSDT	+0.0068%	8h	158.57	+0.113%	$10.3M	$23.3M	20x	as long as short
KuCoin GLWUSDTM	+0.0100%	8h	158.39	0.000%	$320K	$899K	20x	as long as short
Orderly PERP_GLW_USDC_mythos	+0.0100%	8h	158.55	+0.101%	$2K	$2K	10x	as long as short
OKX GLW-USDT-SWAP	+0.0114%	8h	158.70	+0.196%	$2.2M	$4.7M	20x	as long as short