Funding arb · Price arb /

GLW

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.014%

Price spread now: SunX against Vest−0.100%7-day average — · you buy dearer than you sell

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

Long on Vest Short on SunX

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 against this trade now: funding costs −$1 a day on $10k at the current rate, and SunX is 0.100% cheaper against Vest than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest GLW-USD-PERP	160.12	0.0046	pay 0.0006% / 1h	38m 37s	—	—	10x
Short	SunX GLW-USDT	159.96	0	get 0.0000% / 8h	3h 38m	$1K	$1.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.100%Rate

Funding earned: −$9.59
Price spread: −0.100% → 0.000%: −$9.99
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee SunX: 4 bp × 2 orders: −$8
Net: −$29.59
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; SunX: live order book, 7 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 SunX live order book, 7 min ago	500.25 bp	doesn't fit	doesn't fit	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
Aster GLWUSDT	0.0000%	8h	160.27	+0.094%	$41K	$1K	20x	as long as short
Bybit GLWUSDT	0.0000%	8h	160.10	−0.012%	$919K	$200K	25x	as long as short
Gate GLW_USDT	0.0000%	8h	160.01	−0.069%	$2.2M	$4.2M	50x	as long as short
Bitget GLWUSDT	0.0000%	8h	160.07	−0.031%	$2.2M	$856K	20x	as long as short
SunX GLW-USDTshort	0.0000%	8h	159.96	−0.100%	$1K	$1.8M	10x
HTX GLW-USDT	0.0000%	8h	160.57	+0.281%	$16K	$16K	20x	as long as short
Paragon para:GLW	+0.0021%	1h	160.00	−0.076%	$311K	$41K	10x	as long as short
GRVT GLW_USDT_Perp	+0.0025%	8h	160.61	+0.309%	$344	$192K	10x	as long as short
Vest GLW-USD-PERPlong	+0.0046%	1h	160.12	long leg	—	—	10x
QFEX GLW-USD	+0.0050%	1h	160.06	−0.037%	$1.1M	$1.9M	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps GLW-USD.P	+0.0050%	1h	160.32	+0.125%	$300K	$115K	10x	as long as short
KuCoin GLWUSDTM	+0.0100%	8h	160.10	−0.012%	$322K	$929K	20x	as long as short
Orderly PERP_GLW_USDC_mythos	+0.0100%	8h	160.00	−0.075%	$2K	$2K	10x	as long as short
OKX GLW-USDT-SWAP	+0.0171%	8h	160.18	+0.037%	$2.2M	$4.4M	20x	as long as short
Extended GLW-USD	+0.0216%	1h	160.08	−0.027%	$2K	$1K	10x	as long as short
Binance GLWUSDT	+0.0217%	8h	160.12	+0.001%	$10.5M	$22.0M	20x	as long as short
BloFin GLW-USDT	+0.0245%	8h	160.59	+0.294%	$152K	$36K	20x	as long as short