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

GLW

RWAall GLW markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0128%/8h= −14.0% APRpaid last 24h −0.058%
Price spread now: Ondo Perps against OKX−0.019%48s7-day average −0.089% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.087%+$9 on $10k
Price spread, last 4 days (all we have)+0.125%+$12 · spread now −0.019%, 7d avg −0.089%
Together, before fees+0.211%+ Points / potential airdropOndo Perps: Active · farm board+$21 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.071% dearer against OKX than usual: you sell high and buy low (spread −0.019% now, against its 7-day average of −0.089%): +$7 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 44 hours. Mind the row above: over the last 7 days funding on this pair paid +0.087%, so the current rate has only just turned against you. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX GLW-USDT-SWAP160.570.0179pay 0.0179% / 8h3h 40m$2.3M$4.4M20x
ShortOndo Perps GLW-USD.P160.540.0050get 0.0006% / 1h40m 53s$300K$108K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
−$26.91
Price spread: −0.019% → −0.089%
$7.07
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$34.84
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: OKX: live order book, 2 min ago; Ondo Perps: no order-book sample. Net counts fees only.

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, 2 min ago0.31 bp13.0 bp −$1340.2 bp −$402doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%8h160.70+0.082%$41K$1K20xas long as short
Bybit GLWUSDT0.0000%8h160.52−0.031%$921K$200K25xas long as short
Gate GLW_USDT0.0000%8h160.44−0.081%$2.2M$4.2M50xas long as short
Bitget GLWUSDT0.0000%8h160.48−0.056%$2.1M$851K20xas long as short
SunX GLW-USDT0.0000%8h160.76+0.118%$1K$1.8M10xas long as short
HTX GLW-USDT0.0000%8h160.91+0.212%$16K$16K20xas long as short
Paragon para:GLW+0.0019%1h160.65+0.052%$313K$40K10xas long as short
GRVT GLW_USDT_Perp+0.0042%8h161.01+0.274%$742$192K10xas long as short
Vest GLW-USD-PERP+0.0046%1h160.570.000%10xas long as short
QFEX GLW-USD+0.0050%1h160.62+0.031%$1.1M$1.9M10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps GLW-USD.Pshort+0.0050%1h160.54−0.019%$300K$108K10x
KuCoin GLWUSDTM+0.0100%8h160.53−0.025%$324K$929K20xas long as short
Orderly PERP_GLW_USDC_mythos+0.0100%8h160.55−0.012%$2K$2K10xas long as short
OKX GLW-USDT-SWAPlong+0.0179%8h160.57long leg$2.3M$4.4M20x
Extended GLW-USD+0.0224%1h160.52−0.034%$2K$1K10xas long as short
BloFin GLW-USDT+0.0225%8h160.570.000%$152K$36K20xas long as short
Binance GLWUSDT+0.0225%8h160.55−0.012%$10.5M$21.9M20xas long as short