Funding arb · Price arb /

GLW

RWAall GLW markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0028%/8h= −3.1% APRpaid last 24h +0.073%

Price spread now: Extended against Orderly+0.048%7-day average — · you sell dearer than you buy

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

Long on Orderly Short on Extended

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 airdropExtended: Active · farm boardneeds both histories

The price spread pays, funding is against you. Extended is 0.048% dearer against Orderly than usual: you sell high and buy low (spread +0.048% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_GLW_USDC_mythos	156.80	0.0100	pay 0.0100% / 8h	2h 26m	$2K	$2K	10x
Short	Extended GLW-USD	156.88	0.0072	get 0.0009% / 1h	26m 32s	$2K	$1K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Orderly. 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 OrderlybpFee ExtendedbpOrdersPrice spread, now +0.048%Rate

Funding earned: −$5.88
Price spread: +0.048% → 0.000%: $4.79
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$12.09
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; Extended: 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 Orderly no order-book sample	—	—	—	—	—
Sell Extended no order-book sample	—	—	—	—	—

Orderly and Extended: 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	−0.0878%	8h	157.18	+0.242%	$2.1M	$869K	20x	as long as short
Gate GLW_USDT	−0.0116%	8h	156.84	+0.026%	$2.2M	$4.3M	50x	as long as short
Aster GLWUSDT	0.0000%	8h	157.24	+0.279%	$40K	$1K	20x	as long as short
Bybit GLWUSDT	0.0000%	8h	156.92	+0.077%	$902K	$219K	25x	as long as short
GRVT GLW_USDT_Perp	0.0000%	8h	157.39	+0.376%	$545	$204K	10x	as long as short
SunX GLW-USDT	0.0000%	8h	156.74	−0.038%	$1K	$1.7M	10x	as long as short
HTX GLW-USDT	0.0000%	8h	157.60	+0.510%	$16K	$16K	20x	as long as short
QFEX GLW-USD	+0.0032%	1h	157.08	+0.179%	$1.1M	$1.8M	10x	as long as short
Vest GLW-USD-PERP	+0.0046%	1h	156.98	+0.115%	—	—	10x	as long as short
Ondo Perps GLW-USD.P	+0.0050%	1h	157.46	+0.421%	$285K	$117K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paragon para:GLW	+0.0060%	1h	156.86	+0.041%	$306K	$41K	10x	as long as short
BloFin GLW-USDT	+0.0061%	8h	156.79	−0.006%	$146K	$37K	20x	as long as short
Binance GLWUSDT	+0.0070%	8h	156.99	+0.120%	$10.2M	$23.0M	20x	as long as short
Extended GLW-USDshort	+0.0072%	1h	156.88	+0.048%	$2K	$1K	10x
OKX GLW-USDT-SWAP	+0.0077%	8h	157.12	+0.204%	$2.2M	$4.6M	20x	as long as short
KuCoin GLWUSDTM	+0.0100%	8h	156.90	+0.064%	$316K	$907K	20x	as long as short
Orderly PERP_GLW_USDC_mythoslong	+0.0100%	8h	156.80	long leg	$2K	$2K	10x