Funding arb · Price arb /

GLW

RWAall GLW markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0050%/8h= +5.4% APRpaid last 24h +0.015%

Price spread now: Orderly against Ondo Perps+0.062%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 Orderly

What this pair did over the last

the charts below follow

Funding, last 5 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 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Orderly is 0.062% dearer against Ondo Perps than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps GLW-USD.P	161.64	0.0050	pay 0.0006% / 1h	36m 02s	$301K	$105K	10x
Short	Orderly PERP_GLW_USDC_mythos	161.74	0.0100	get 0.0100% / 8h	6h 36m	$2K	$2K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now +0.062%Rate

Funding earned: $10.42
Price spread: +0.062% → 0.000%: $6.19
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Orderly: 3 bp × 2 orders: −$6
Net: $5.6
Costs to cover: 0.110%
Break-even: 3.2 days

Slippage unknown: Ondo Perps: no order-book sample; Orderly: 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 Orderly no order-book sample	—	—	—	—	—

Ondo Perps and Orderly: 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
Paragon para:GLW	−0.0179%	1h	161.62	−0.012%	$321K	$38K	10x	as long as short
Aster GLWUSDT	0.0000%	8h	161.89	+0.155%	$41K	$1K	20x	as long as short
Bybit GLWUSDT	0.0000%	8h	161.63	−0.006%	$928K	$197K	25x	as long as short
Gate GLW_USDT	0.0000%	8h	161.60	−0.025%	$2.2M	$4.3M	50x	as long as short
SunX GLW-USDT	0.0000%	8h	161.56	−0.049%	$868	$1.9M	10x	as long as short
HTX GLW-USDT	0.0000%	8h	161.83	+0.118%	$17K	$16K	20x	as long as short
QFEX GLW-USD	+0.0034%	1h	161.68	+0.025%	$1.1M	$2.2M	10x	as long as short
Vest GLW-USD-PERP	+0.0046%	1h	161.80	+0.099%	—	—	10x	as long as short
Ondo Perps GLW-USD.Plong	+0.0050%	1h	161.64	long leg	$301K	$105K	10x
GRVT GLW_USDT_Perp	+0.0087%	8h	161.73	+0.057%	$789	$168K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin GLWUSDTM	+0.0100%	8h	161.68	+0.025%	$325K	$974K	20x	as long as short
Orderly PERP_GLW_USDC_mythosshort	+0.0100%	8h	161.74	+0.062%	$2K	$2K	10x
OKX GLW-USDT-SWAP	+0.0183%	8h	161.83	+0.118%	$2.3M	$4.4M	20x	as long as short
Bitget GLWUSDT	+0.0342%	8h	161.71	+0.043%	$2.2M	$808K	20x	as long as short
Extended GLW-USD	+0.0496%	1h	161.71	+0.046%	$2K	$1K	10x	as long as short
Binance GLWUSDT	+0.0496%	8h	161.77	+0.083%	$10.7M	$21.7M	20x	as long as short
BloFin GLW-USDT	+0.0561%	8h	161.82	+0.111%	$152K	$36K	20x	as long as short