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−0.0146%/8h= −16.0% APRnext payment $1.46 per $10,000 · paid last 24h −0.043%
Price spread now: KuCoin against OKX−0.197%7-day average −0.091% · you buy dearer than you sell
Net, funding: paid 7d − costs−$849as in the Funding arb table
Net, price: spread back to 7d avg − costs−$873as in the Price arb table
costs, in and out, $10k−$8638.628% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.135%+$14 on $10k
Price spread, last 4 days (all we have)+0.409%+$41 · spread now −0.197%, 7d avg −0.091%
Together, before fees+0.545%+$54 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and KuCoin is 0.106% cheaper against OKX than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.091%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.135%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX GLW-USDT-SWAP162.330.0246pay 0.0246% / 8h5h 24m$2.3M$4.4M20x
ShortKuCoin GLWUSDTM162.010.0100get 0.0100% / 8h5h 24m$326K$944K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against OKX. 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
−$30.69
Price spread: −0.197% → −0.091%
−$10.57
Slippage, 4 orders
−$840.81
Fee OKX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$904.07
Costs to cover
8.628%
Break-even
never at this rate
Slippage from OKX: live order book, 4 min ago; KuCoin: live order book, 30 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 OKX live order book, 4 min ago1.54 bp13.5 bp −$1331.9 bp −$319doesn't fitdoesn't fit
Sell KuCoin live order book, 30 min ago5.55 bp428.6 bp −$429doesn'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
Paragon para:GLW−0.0627%1h161.99−0.211%$322K$37K10xas long as short
Aster GLWUSDT0.0000%8h162.30−0.017%$41K$1K20xas long as short
Bybit GLWUSDT0.0000%8h162.21−0.074%$931K$198K25xas long as short
Gate GLW_USDT0.0000%8h162.13−0.123%$2.2M$4.3M50xas long as short
SunX GLW-USDT0.0000%8h162.14−0.117%$1K$1.8M10xas long as short
HTX GLW-USDT0.0000%8h162.26−0.043%$17K$16K20xas long as short
QFEX GLW-USD+0.0044%1h162.19−0.086%$1.1M$2.1M10xas long as short
Vest GLW-USD-PERP+0.0046%1h162.10−0.142%10xas long as short
Ondo Perps GLW-USD.P+0.0050%1h161.94−0.240%$304K$107K10xas long as short
KuCoin GLWUSDTMshort+0.0100%8h162.01−0.197%$326K$944K20x
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_GLW_USDC_mythos+0.0100%8h162.24−0.055%$2K$2K10xas long as short
GRVT GLW_USDT_Perp+0.0158%8h162.24−0.057%$388$174K10xas long as short
OKX GLW-USDT-SWAPlong+0.0246%8h162.33long leg$2.3M$4.4M20x
Bitget GLWUSDT+0.0261%8h162.15−0.111%$2.2M$817K20xas long as short
BloFin GLW-USDT+0.0405%8h162.19−0.086%$110K$36K20xas long as short
Binance GLWUSDT+0.0421%8h162.30−0.016%$10.8M$21.7M20xas long as short
Extended GLW-USD+0.0424%1h162.22−0.067%$2K$1K10xas long as short