Funding arb · Price arb /

GLW

RWAall GLW markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0052%/8h= +5.7% APRpaid last 24h +0.020%

Price spread now: QFEX against Aster−0.150%7-day average — · you buy dearer than you sell

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

Long on Aster Short on QFEX

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 airdropAster: Stage 5 · farm boardneeds both histories

Funding pays, the price is against you. QFEX is 0.150% cheaper against Aster than usual: you would sell low and buy high (spread −0.150% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 9.6 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster GLWUSDT	162.11	0	get 0.0000% / 8h	7h 02m	$41K	$1K	20x
Short	QFEX GLW-USD	161.87	0.0052	get 0.0007% / 1h	2m 28s	$1.2M	$2.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against Aster. 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 AsterbpFee QFEXbpOrdersPrice spread, now −0.150%Rate

Funding earned: $11.02
Price spread: −0.150% → 0.000%: −$15.05
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$22.03
Costs to cover: 0.180%
Break-even: 21.0 days

Slippage unknown: Aster: no order-book sample; QFEX: 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 Aster no order-book sample	—	—	—	—	—
Sell QFEX live order book, 5 min ago	1.54 bp	6.5 bp −$7	13.4 bp −$134	doesn't fit	doesn't fit

Aster: 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 GLWUSDTlong	0.0000%	8h	162.11	long leg	$41K	$1K	20x
Bybit GLWUSDT	0.0000%	8h	161.87	−0.150%	$933K	$194K	25x	as long as short
Gate GLW_USDT	0.0000%	8h	161.77	−0.212%	$2.2M	$4.3M	50x	as long as short
SunX GLW-USDT	0.0000%	8h	162.14	+0.016%	$1K	$1.9M	10x	as long as short
HTX GLW-USDT	0.0000%	8h	162.20	+0.053%	$17K	$16K	20x	as long as short
Vest GLW-USD-PERP	+0.0046%	1h	162.04	−0.046%	—	—	10x	as long as short
Ondo Perps GLW-USD.P	+0.0050%	1h	161.95	−0.101%	$303K	$109K	10x	as long as short
QFEX GLW-USDshort	+0.0052%	1h	161.87	−0.150%	$1.2M	$2.3M	10x
Paragon para:GLW	+0.0060%	1h	161.87	−0.149%	$322K	$38K	10x	as long as short
KuCoin GLWUSDTM	+0.0100%	8h	161.98	−0.083%	$326K	$987K	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_GLW_USDC_mythos	+0.0100%	8h	161.95	−0.101%	$2K	$2K	10x	as long as short
OKX GLW-USDT-SWAP	+0.0224%	8h	162.05	−0.039%	$2.3M	$4.4M	20x	as long as short
GRVT GLW_USDT_Perp	+0.0289%	8h	162.16	+0.029%	$101	$168K	10x	as long as short
Bitget GLWUSDT	+0.0394%	8h	161.85	−0.163%	$2.2M	$806K	20x	as long as short
Extended GLW-USD	+0.0552%	1h	161.87	−0.148%	$2K	$2K	10x	as long as short
Binance GLWUSDT	+0.0553%	8h	161.90	−0.131%	$10.8M	$21.6M	20x	as long as short
BloFin GLW-USDT	+0.0561%	8h	161.97	−0.089%	$151K	$36K	20x	as long as short