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

GLW

RWAall GLW markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0100%/8hnext payment +$1.00 per $10,000 · paid last 24h +0.010%
Price spread now: KuCoin against Bitget−0.056%7-day average −0.092% · you buy dearer than you sell
Net, funding: paid 7d − costs−$865as in the Funding arb table
Net, price: spread back to 7d avg − costs−$871as in the Price arb table
costs, in and out, $10k−$8758.750% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.100%+$10 on $10k
Price spread, last 3 days (all we have)+0.012%+$1 · spread now −0.056%, 7d avg −0.092%
Together, before fees+0.112%+$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.036% dearer against Bitget than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.092%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget GLWUSDT159.330get 0.0000% / 8h4h 23m$2.2M$843K20x
ShortKuCoin GLWUSDTM159.240.0100get 0.0100% / 8h4h 23m$333K$1.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$21
Price spread: −0.056% → −0.092%
$3.58
Slippage, 4 orders
−$851.01
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$850.43
Costs to cover
8.750%
Break-even
290.5 days
Slippage from Bitget: live order book, 8 min ago; KuCoin: live order book, 5 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, 8 min ago5.97 bp25.6 bp −$2638.1 bp −$381131.5 bp −$13.1Kdoesn't fit
Sell KuCoin live order book, 5 min ago11.02 bp393.2 bp −$393doesn't fitdoesn't fitdoesn'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
BloFin GLW-USDT−0.0016%8h159.39+0.038%$156K$33K20xas long as short
Aster GLWUSDT0.0000%8h160.12+0.496%$41K$1K20xas long as short
Extended GLW-USD0.0000%1h159.39+0.037%$2K$2K10xas long as short
Binance GLWUSDT0.0000%8h159.45+0.076%$10.9M$20.3M20xas long as short
Bybit GLWUSDT0.0000%8h159.32−0.006%$910K$212K25xas long as short
OKX GLW-USDT-SWAP0.0000%8h159.45+0.075%$2.3M$4.3M20xas long as short
Gate GLW_USDT0.0000%8h159.25−0.050%$2.4M$4.0M50xas long as short
Bitget GLWUSDTlong0.0000%8h159.33long leg$2.2M$843K20x
GRVT GLW_USDT_Perp0.0000%8h159.35+0.014%$470$182K10xas long as short
SunX GLW-USDT0.0000%8h159.23−0.063%$924$2.0M10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX GLW-USDT0.0000%8h159.45+0.075%$16K$17K20xas long as short
Vest GLW-USD-PERP+0.0046%1h159.36+0.019%10xas long as short
QFEX GLW-USD+0.0049%1h159.43+0.063%$1.1M$2.0M10xas long as short
Ondo Perps GLW-USD.P+0.0050%1h159.29−0.025%$297K$82K10xas long as short
Paragon para:GLW+0.0060%1h159.29−0.022%$316K$27K10xas long as short
KuCoin GLWUSDTMshort+0.0100%8h159.24−0.056%$333K$1.0M20x
Orderly PERP_GLW_USDC_mythos+0.0100%8h159.43+0.063%$2K$2K10xas long as short