Funding arb · Price arb /

GLW

RWAall GLW markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.012%

Price spread now: SunX against Bybit−0.068%7-day average −0.022% · you buy dearer than you sell

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

Long on Bybit Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.077%+$8 on $10k

Price spread, last 3 days (all we have)+0.012%+$1 · spread now −0.068%, 7d avg −0.022%

Together, before fees+0.088%+$9 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.046% cheaper against Bybit than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.022%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit GLWUSDT	161.38	0	get 0.0000% / 8h	36m 04s	$921K	$218K	25x
Short	SunX GLW-USDT	161.27	0	get 0.0000% / 8h	36m 04s	$1K	$2.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Bybit. 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 BybitbpFee SunXbpOrdersPrice spread, now −0.068%Rate

Funding earned: $0
Price spread: −0.068% → −0.022%: −$4.6
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee SunX: 4 bp × 2 orders: −$8
Net: −$23.6
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 39 min ago; SunX: live order book, 10 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 Bybit live order book, 39 min ago	3.75 bp	22.4 bp −$22	163.7 bp −$1,637	doesn't fit	doesn't fit
Sell SunX live order book, 10 min ago	500.56 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

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
Paragon para:GLW	−0.0127%	1h	161.23	−0.093%	$320K	$27K	10x	as long as short
Aster GLWUSDT	0.0000%	8h	161.43	+0.033%	$41K	$1K	20x	as long as short
Bybit GLWUSDTlong	0.0000%	8h	161.38	long leg	$921K	$218K	25x
Gate GLW_USDT	0.0000%	8h	161.25	−0.081%	$2.2M	$4.2M	50x	as long as short
SunX GLW-USDTshort	0.0000%	8h	161.27	−0.068%	$1K	$2.0M	10x
HTX GLW-USDT	+0.0020%	8h	161.04	−0.211%	$17K	$16K	20x	as long as short
Bitget GLWUSDT	+0.0044%	8h	161.38	0.000%	$2.2M	$904K	20x	as long as short
Vest GLW-USD-PERP	+0.0046%	1h	161.34	−0.025%	—	—	10x	as long as short
Ondo Perps GLW-USD.P	+0.0050%	1h	160.89	−0.304%	$302K	$88K	10x	as long as short
QFEX GLW-USD	+0.0065%	1h	161.36	−0.012%	$1.1M	$2.2M	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin GLWUSDTM	+0.0100%	8h	161.16	−0.136%	$323K	$989K	20x	as long as short
Orderly PERP_GLW_USDC_mythos	+0.0100%	8h	161.37	−0.006%	$2K	$2K	10x	as long as short
OKX GLW-USDT-SWAP	+0.0243%	8h	161.41	+0.019%	$2.3M	$4.5M	20x	as long as short
BloFin GLW-USDT	+0.0449%	8h	161.20	−0.112%	$150K	$34K	20x	as long as short
Extended GLW-USD	+0.0464%	1h	161.33	−0.029%	$2K	$2K	10x	as long as short
Binance GLWUSDT	+0.0466%	8h	161.40	+0.012%	$11.0M	$20.8M	20x	as long as short
GRVT GLW_USDT_Perp	+0.0512%	8h	160.91	−0.289%	$134	$176K	10x	as long as short