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+0.0050%/8h= +5.4% APRpaid last 24h +0.058%
Price spread now: OKX against Ondo Perps+0.152%48s7-day average +0.091% · 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−0.087%−$9 on $10k
Price spread, last 4 days (all we have)−0.164%−$16 · spread now +0.152%, 7d avg +0.091%
Together, before fees−0.251%+ Points / potential airdropOndo Perps: Active · farm board−$25 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 OKX is 0.061% dearer against Ondo Perps than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.091%. Mind the row above: over the last 7 days funding on this pair cost −0.087%, so the current rate has only just turned in your favour. 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
LongOndo Perps GLW-USD.P157.610.0050pay 0.0006% / 1h31m 55s$279K$123K10x
ShortOKX GLW-USDT-SWAP157.850.0100get 0.0100% / 8h31m 55s$2.2M$4.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$10.43
Price spread: +0.152% → +0.091%
$6.14
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee OKX: 5 bp × 2 orders
−$10
Net
$1.57
Costs to cover
0.150%
Break-even
5.9 days
Slippage unknown: Ondo Perps: no order-book sample; OKX: live order book, 1 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 OKX live order book, 1 min ago2.54 bp14.9 bp −$1559.3 bp −$593doesn't fitdoesn'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−0.0963%8h157.77+0.102%$2.1M$939K20xas long as short
Gate GLW_USDT−0.0534%8h157.68+0.044%$2.2M$4.4M50xas long as short
Aster GLWUSDT0.0000%8h158.42+0.512%$40K$1K20xas long as short
Extended GLW-USD0.0000%1h157.78+0.107%$2K$1K10xas long as short
Binance GLWUSDT0.0000%8h157.83+0.142%$10.4M$24.6M20xas long as short
Bybit GLWUSDT0.0000%8h157.77+0.102%$900K$238K25xas long as short
SunX GLW-USDT0.0000%8h157.62+0.006%$1K$1.7M10xas long as short
HTX GLW-USDT0.0000%8h157.74+0.082%$16K$15K20xas long as short
BloFin GLW-USDT+0.0013%8h157.81+0.127%$149K$40K20xas long as short
Paragon para:GLW+0.0028%1h157.65+0.027%$307K$41K10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT GLW_USDT_Perp+0.0035%8h157.81+0.126%$453$215K10xas long as short
QFEX GLW-USD+0.0042%1h157.73+0.076%$1.1M$1.7M10xas long as short
Vest GLW-USD-PERP+0.0046%1h157.63+0.013%10xas long as short
Ondo Perps GLW-USD.Plong+0.0050%1h157.61long leg$279K$123K10x
KuCoin GLWUSDTM+0.0100%8h157.53−0.051%$315K$865K20xas long as short
Orderly PERP_GLW_USDC_mythos+0.0100%8h157.72+0.070%$2K$2K10xas long as short
OKX GLW-USDT-SWAPshort+0.0100%8h157.85+0.152%$2.2M$4.8M20x