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+0.0301%/8h= +33.0% APRnext payment +$3.01 per $10,000 · paid last 24h −0.031%
Price spread now: Bitget against Gate+0.043%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$650.651% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.081%+$8 on $10k
Price spread, last 7 days−0.002%$0 · spread now +0.043%, 7d avg +0.039%
Together, before fees+0.079%+$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.039%, so right now this pair is about funding alone: +$9 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.081% in total (about 4.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.01 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate GLW_USDT161.380get 0.0000% / 8h7h 29m$2.2M$4.3M50x
ShortBitget GLWUSDT161.450.0301get 0.0301% / 8h7h 29m$2.2M$796K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Gate. 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
$63.21
Price spread: +0.043% → +0.039%
$0.39
Slippage, 4 orders
−$38.06
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$1.46
Costs to cover
0.651%
Break-even
7.2 days
Slippage from Gate: live order book, 4 min ago; Bitget: live order book, 3 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 Gate live order book, 4 min ago5.89 bp15.5 bp −$15252.2 bp −$2,522doesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago2.17 bp22.2 bp −$2257.0 bp −$570doesn'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
Aster GLWUSDT0.0000%8h161.62+0.151%$41K$1K20xas long as short
Bybit GLWUSDT0.0000%8h161.53+0.093%$933K$193K25xas long as short
Gate GLW_USDTlong0.0000%8h161.38long leg$2.2M$4.3M50x
GRVT GLW_USDT_Perp0.0000%8h161.46+0.048%$168$170K10xas long as short
SunX GLW-USDT0.0000%8h161.42+0.025%$1K$1.9M10xas long as short
HTX GLW-USDT0.0000%8h161.55+0.105%$17K$16K20xas long as short
Paragon para:GLW+0.0045%1h161.38−0.002%$331K$33K10xas long as short
Vest GLW-USD-PERP+0.0046%1h161.51+0.081%10xas long as short
Ondo Perps GLW-USD.P+0.0050%1h161.23−0.093%$300K$107K10xas long as short
QFEX GLW-USD+0.0052%1h161.53+0.093%$1.1M$2.2M10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin GLWUSDTM+0.0100%8h161.45+0.043%$325K$999K20xas long as short
Orderly PERP_GLW_USDC_mythos+0.0100%8h161.50+0.074%$2K$2K10xas long as short
OKX GLW-USDT-SWAP+0.0246%8h161.66+0.174%$2.3M$4.4M20xas long as short
Bitget GLWUSDTshort+0.0301%8h161.45+0.043%$2.2M$796K20x
BloFin GLW-USDT+0.0525%8h161.44+0.037%$151K$35K20xas long as short
Extended GLW-USD+0.0544%1h161.48+0.062%$2K$2K10xas long as short
Binance GLWUSDT+0.0547%8h161.50+0.077%$10.9M$21.2M20xas long as short