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

GLW

RWAall GLW markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0021%/8h= +2.3% APRpaid last 24h +0.107%
Price spread now: Binance against Ondo Perps+0.178%7-day average +0.102% · you sell dearer than you buy
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+0.088%+$9 on $10k
Price spread, last 4 days (all we have)−0.275%−$28 · spread now +0.178%, 7d avg +0.102%
Together, before fees−0.187%+ Points / potential airdropOndo Perps: Active · farm board−$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.077% dearer against Ondo Perps than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.102%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps GLW-USD.P156.960.0050pay 0.0006% / 1h23m 27s$285K$116K10x
ShortBinance GLWUSDT157.240.0071get 0.0071% / 8h2h 23m$10.2M$23.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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

Funding earned
$4.38
Price spread: +0.178% → +0.102%
$7.67
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Binance: 5 bp × 2 orders
−$10
Net
−$2.94
Costs to cover
0.150%
Break-even
11.7 days
Slippage unknown: Ondo Perps: no order-book sample; Binance: live order book, 3 min ago. 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 Ondo Perps no order-book sample
Sell Binance live order book, 3 min ago1.59 bp14.5 bp −$1439.9 bp −$399101.3 bp −$10.1Kdoesn't fit
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
Bitget GLWUSDT−0.0947%8h157.32+0.229%$2.1M$869K20xas long as short
Gate GLW_USDT−0.0139%8h157.14+0.115%$2.2M$4.3M50xas long as short
Aster GLWUSDT0.0000%8h157.34+0.241%$40K$1K20xas long as short
Bybit GLWUSDT0.0000%8h157.22+0.166%$905K$220K25xas long as short
GRVT GLW_USDT_Perp0.0000%8h157.15+0.121%$489$205K10xas long as short
SunX GLW-USDT0.0000%8h157.12+0.102%$1K$1.7M10xas long as short
HTX GLW-USDT0.0000%8h157.13+0.108%$16K$16K20xas long as short
QFEX GLW-USD+0.0032%1h157.21+0.159%$1.2M$1.8M10xas long as short
Vest GLW-USD-PERP+0.0046%1h157.12+0.102%10xas long as short
Ondo Perps GLW-USD.Plong+0.0050%1h156.96long leg$285K$116K10x
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paragon para:GLW+0.0060%1h157.26+0.188%$306K$41K10xas long as short
Binance GLWUSDTshort+0.0071%8h157.24+0.178%$10.2M$23.0M20x
Extended GLW-USD+0.0072%1h157.14+0.113%$2K$1K10xas long as short
BloFin GLW-USDT+0.0079%8h156.960.000%$147K$37K20xas long as short
OKX GLW-USDT-SWAP+0.0087%8h157.25+0.185%$2.2M$4.6M20xas long as short
KuCoin GLWUSDTM+0.0100%8h157.16+0.127%$317K$906K20xas long as short
Orderly PERP_GLW_USDC_mythos+0.0100%8h157.09+0.083%$2K$2K10xas long as short