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

GLW

RWAall GLW markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0055%/8h= +6.0% APRpaid last 24h −0.073%
Price spread now: Paragon against Gate+0.002%7-day average −0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$930.933% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.022%+$2 on $10k
Price spread, last 4 days (all we have)−0.120%−$12 · spread now +0.002%, 7d avg −0.019%
Together, before fees−0.098%−$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Paragon is 0.021% dearer against Gate than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.019%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate GLW_USDT157.44−0.0260get 0.0260% / 8h1h 52m$2.2M$4.3M50x
ShortParagon para:GLW157.44−0.0205pay 0.0026% / 1h52m 07s$307K$41K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paragon 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
$11.6
Price spread: +0.002% → −0.019%
$2.06
Slippage, 4 orders
−$68.29
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Paragon: 5 bp × 2 orders
−$10
Net
−$79.62
Costs to cover
0.933%
Break-even
55.0 days
Slippage from Gate: live order book, 1 min ago; Paragon: live order book, 13 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, 1 min ago5.39 bp13.2 bp −$13174.6 bp −$1,746doesn't fitdoesn't fit
Sell Paragon live order book, 13 min ago15.48 bp31.3 bp −$3162.6 bp −$626doesn'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
Bitget GLWUSDT−0.0933%8h157.78+0.216%$2.2M$896K20xas long as short
Gate GLW_USDTlong−0.0260%8h157.44long leg$2.2M$4.3M50x
Paragon para:GLWshort−0.0205%1h157.44+0.002%$307K$41K10x
Aster GLWUSDT0.0000%8h157.82+0.239%$40K$1K20xas long as short
Bybit GLWUSDT0.0000%8h157.56+0.076%$912K$226K25xas long as short
SunX GLW-USDT0.0000%8h157.440.000%$1K$1.7M10xas long as short
HTX GLW-USDT0.0000%8h157.62+0.114%$16K$16K20xas long as short
GRVT GLW_USDT_Perp+0.0042%8h157.79+0.221%$789$209K10xas long as short
Vest GLW-USD-PERP+0.0046%1h157.40−0.025%10xas long as short
Ondo Perps GLW-USD.P+0.0050%1h157.65+0.133%$289K$119K10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX GLW-USD+0.0060%1h157.59+0.095%$1.1M$1.7M10xas long as short
Extended GLW-USD+0.0064%1h157.54+0.062%$2K$1K10xas long as short
Binance GLWUSDT+0.0066%8h157.61+0.108%$10.6M$23.8M20xas long as short
BloFin GLW-USDT+0.0095%8h157.73+0.184%$148K$38K20xas long as short
KuCoin GLWUSDTM+0.0100%8h157.440.000%$316K$891K20xas long as short
Orderly PERP_GLW_USDC_mythos+0.0100%8h157.55+0.070%$2K$2K10xas long as short
OKX GLW-USDT-SWAP+0.0127%8h157.69+0.159%$2.2M$4.7M20xas long as short