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−0.0048%/8h= −5.3% APRpaid last 24h −0.096%
Price spread now: Paragon against OKX−0.064%7-day average −0.069% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$680.684% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.005%−$1 on $10k
Price spread, last 4 days (all we have)−0.057%−$6 · spread now −0.064%, 7d avg −0.069%
Together, before fees−0.062%−$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.069%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX GLW-USDT-SWAP159.000.0108pay 0.0108% / 8h3h 05m$2.2M$4.4M20x
ShortParagon para:GLW158.900.0060get 0.0008% / 1h5m 24s$309K$41K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paragon 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
−$10.1
Price spread: −0.064% → −0.069%
$0.53
Slippage, 4 orders
−$48.44
Fee OKX: 5 bp × 2 orders
−$10
Fee Paragon: 5 bp × 2 orders
−$10
Net
−$78.01
Costs to cover
0.684%
Break-even
never at this rate
Slippage from OKX: live order book, 2 min ago; Paragon: live order book, 10 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, 2 min ago0.31 bp10.2 bp −$1030.5 bp −$305doesn't fitdoesn't fit
Sell Paragon live order book, 10 min ago15.04 bp25.6 bp −$2657.7 bp −$577doesn'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−0.0150%8h158.97−0.019%$2.1M$871K20xas long as short
Aster GLWUSDT0.0000%8h159.03+0.016%$40K$1K20xas long as short
Bybit GLWUSDT0.0000%8h158.89−0.069%$911K$204K25xas long as short
Gate GLW_USDT0.0000%8h158.94−0.038%$2.2M$4.3M50xas long as short
GRVT GLW_USDT_Perp0.0000%8h158.79−0.132%$303$199K10xas long as short
SunX GLW-USDT0.0000%8h158.79−0.132%$1K$1.8M10xas long as short
HTX GLW-USDT0.0000%8h158.90−0.063%$16K$16K20xas long as short
Vest GLW-USD-PERP+0.0046%1h158.86−0.088%10xas long as short
QFEX GLW-USD+0.0050%1h158.91−0.057%$1.1M$1.8M10xas long as short
Ondo Perps GLW-USD.P+0.0050%1h158.76−0.151%$288K$118K10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paragon para:GLWshort+0.0060%1h158.90−0.064%$309K$41K10x
KuCoin GLWUSDTM+0.0100%8h158.92−0.050%$320K$917K20xas long as short
Orderly PERP_GLW_USDC_mythos+0.0100%8h159.17+0.107%$2K$2K10xas long as short
OKX GLW-USDT-SWAPlong+0.0108%8h159.00long leg$2.2M$4.4M20x
BloFin GLW-USDT+0.0129%8h158.86−0.088%$150K$36K20xas long as short
Binance GLWUSDT+0.0140%8h158.85−0.093%$10.3M$22.5M20xas long as short
Extended GLW-USD+0.0144%1h158.83−0.106%$2K$1K10xas long as short