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: Bitget against KuCoin+0.057%7-day average +0.092% · you sell dearer than you buy
Net, funding: paid 7d − costs−$885as in the Funding arb table
Net, price: spread back to 7d avg − costs−$879as 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 +0.057%, 7d avg +0.092%
Together, before fees−0.112%−$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bitget is 0.036% cheaper against KuCoin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.092%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin GLWUSDTM159.240.0100pay 0.0100% / 8h4h 23m$333K$1.0M20x
ShortBitget GLWUSDT159.330get 0.0000% / 8h4h 23m$2.2M$843K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. 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: +0.057% → +0.092%
−$3.57
Slippage, 4 orders
−$851.01
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$899.58
Costs to cover
8.750%
Break-even
never at this rate
Slippage from KuCoin: live order book, 5 min ago; Bitget: live order book, 8 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 KuCoin live order book, 5 min ago11.02 bp434.1 bp −$434doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 8 min ago5.97 bp22.1 bp −$2230.5 bp −$305142.1 bp −$14.2Kdoesn'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+0.094%$156K$33K20xas long as short
Aster GLWUSDT0.0000%8h160.12+0.553%$41K$1K20xas long as short
Extended GLW-USD0.0000%1h159.39+0.094%$2K$2K10xas long as short
Binance GLWUSDT0.0000%8h159.45+0.132%$10.9M$20.3M20xas long as short
Bybit GLWUSDT0.0000%8h159.32+0.050%$910K$212K25xas long as short
OKX GLW-USDT-SWAP0.0000%8h159.45+0.132%$2.3M$4.3M20xas long as short
Gate GLW_USDT0.0000%8h159.25+0.006%$2.4M$4.0M50xas long as short
Bitget GLWUSDTshort0.0000%8h159.33+0.057%$2.2M$843K20x
GRVT GLW_USDT_Perp0.0000%8h159.35+0.071%$470$182K10xas long as short
SunX GLW-USDT0.0000%8h159.23−0.006%$924$2.0M10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX GLW-USDT0.0000%8h159.45+0.132%$16K$17K20xas long as short
Vest GLW-USD-PERP+0.0046%1h159.36+0.075%10xas long as short
QFEX GLW-USD+0.0049%1h159.43+0.119%$1.1M$2.0M10xas long as short
Ondo Perps GLW-USD.P+0.0050%1h159.29+0.031%$297K$82K10xas long as short
Paragon para:GLW+0.0060%1h159.29+0.035%$316K$27K10xas long as short
KuCoin GLWUSDTMlong+0.0100%8h159.24long leg$333K$1.0M20x
Orderly PERP_GLW_USDC_mythos+0.0100%8h159.43+0.119%$2K$2K10xas long as short