Funding arb · Price arb /

GLW

RWAall GLW markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%

Price spread now: Aster against Ondo Perps+0.105%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Ondo Perps Short on Aster

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropOndo Perps: Active · Aster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. Aster is 0.105% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.105% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 7.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps GLW-USD.P	158.30	0.0050	pay 0.0006% / 1h	3m 13s	$289K	$118K	10x
Short	Aster GLWUSDT	158.47	0	get 0.0000% / 8h	2h 03m	$40K	$1K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Ondo Perps. 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

Position, each leg$Hold fordaysFee Ondo PerpsbpFee AsterbpOrdersPrice spread, now +0.105%Rate

Funding earned: −$10.58
Price spread: +0.105% → 0.000%: $10.52
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Aster: 4 bp × 2 orders: −$8
Net: −$13.07
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Ondo Perps: no order-book sample; Aster: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Ondo Perps no order-book sample	—	—	—	—	—
Sell Aster no order-book sample	—	—	—	—	—

Ondo Perps and Aster: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget GLWUSDT	−0.0932%	8h	158.43	+0.082%	$2.2M	$894K	20x	as long as short
Gate GLW_USDT	−0.0209%	8h	158.26	−0.025%	$2.2M	$4.4M	50x	as long as short
Aster GLWUSDTshort	0.0000%	8h	158.47	+0.105%	$40K	$1K	20x
Bybit GLWUSDT	0.0000%	8h	158.29	−0.006%	$915K	$225K	25x	as long as short
SunX GLW-USDT	0.0000%	8h	158.36	+0.038%	$956	$1.7M	10x	as long as short
HTX GLW-USDT	0.0000%	8h	158.52	+0.139%	$16K	$16K	20x	as long as short
GRVT GLW_USDT_Perp	+0.0027%	8h	158.55	+0.158%	$680	$207K	10x	as long as short
QFEX GLW-USD	+0.0032%	1h	158.45	+0.095%	$1.1M	$1.8M	10x	as long as short
Vest GLW-USD-PERP	+0.0046%	1h	158.27	−0.019%	—	—	10x	as long as short
Ondo Perps GLW-USD.Plong	+0.0050%	1h	158.30	long leg	$289K	$118K	10x

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paragon para:GLW	+0.0060%	1h	158.08	−0.140%	$308K	$41K	10x	as long as short
BloFin GLW-USDT	+0.0070%	8h	158.45	+0.095%	$146K	$38K	20x	as long as short
Binance GLWUSDT	+0.0071%	8h	158.43	+0.084%	$10.4M	$23.7M	20x	as long as short
Extended GLW-USD	+0.0072%	1h	158.36	+0.038%	$2K	$1K	10x	as long as short
KuCoin GLWUSDTM	+0.0100%	8h	158.15	−0.095%	$319K	$896K	20x	as long as short
Orderly PERP_GLW_USDC_mythos	+0.0100%	8h	158.38	+0.051%	$2K	$2K	10x	as long as short
OKX GLW-USDT-SWAP	+0.0121%	8h	158.37	+0.044%	$2.2M	$4.7M	20x	as long as short