Settings8H · net · $10k
Funding arb · Price arb /

GLW

RWAall GLW markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0113%/8h= +12.4% APRnext payment +$1.13 per $10,000 · paid last 24h +0.096%
Price spread now: BloFin against Bitget−0.012%7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$570.574% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.123%+$12 on $10k
Price spread, last 4 days (all we have)+0.009%+$1 · spread now −0.012%, 7d avg +0.014%
Together, before fees+0.132%+$13 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.026% cheaper against Bitget than usual: you would sell low and buy high (spread −0.012% now, against its 7-day average of +0.014%). If the spread goes back, that is −$3 on $10k: about 18 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget GLWUSDT162.290.0220pay 0.0220% / 8h4h 39m$2.2M$848K20x
ShortBloFin GLW-USDT162.270.0333get 0.0333% / 8h4h 39m$155K$36K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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

Funding earned
$23.82
Price spread: −0.012% → +0.014%
−$2.61
Slippage, 4 orders
−$33.43
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$36.22
Costs to cover
0.574%
Break-even
17.6 days
Slippage from Bitget: live order book, 3 min ago; BloFin: live order book, 58 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 3 min ago2.77 bp17.7 bp −$1830.8 bp −$308139.2 bp −$13.9Kdoesn't fit
Sell BloFin live order book, 58 min ago1.54 bp11.5 bp −$1124.1 bp −$24180.6 bp −$8,062doesn't fit

GLW on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paragon para:GLW−0.0405%1h162.18−0.068%$322K$37K10xas long as short
Aster GLWUSDT0.0000%8h162.51+0.137%$41K$1K20xas long as short
Bybit GLWUSDT0.0000%8h162.26−0.018%$931K$200K25xas long as short
Gate GLW_USDT0.0000%8h162.20−0.055%$2.2M$4.3M50xas long as short
SunX GLW-USDT0.0000%8h162.21−0.049%$855$1.8M10xas long as short
HTX GLW-USDT0.0000%8h162.35+0.037%$17K$16K20xas long as short
Vest GLW-USD-PERP+0.0046%1h162.26−0.018%10xas long as short
Ondo Perps GLW-USD.P+0.0050%1h162.09−0.123%$303K$108K10xas long as short
QFEX GLW-USD+0.0078%1h162.28−0.006%$1.1M$2.0M10xas long as short
KuCoin GLWUSDTM+0.0100%8h162.26−0.018%$327K$938K20xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_GLW_USDC_mythos+0.0100%8h162.34+0.031%$2K$2K10xas long as short
GRVT GLW_USDT_Perp+0.0139%8h162.33+0.025%$19$180K10xas long as short
Bitget GLWUSDTlong+0.0220%8h162.29long leg$2.2M$848K20x
OKX GLW-USDT-SWAP+0.0247%8h162.40+0.068%$2.3M$4.4M20xas long as short
BloFin GLW-USDTshort+0.0333%8h162.27−0.012%$155K$36K20x
Extended GLW-USD+0.0360%1h162.32+0.021%$2K$1K10xas long as short
Binance GLWUSDT+0.0362%8h162.37+0.049%$10.7M$21.9M20xas long as short