Funding arb · Price arb /

GLW

RWAall GLW markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0054%/8h= −5.9% APRpaid last 24h −0.016%

Price spread now: Vest against Orderly+0.068%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 Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropVest: Active · farm boardneeds both histories

The price spread pays, funding is against you. Vest is 0.068% dearer against Orderly than usual: you sell high and buy low (spread +0.068% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_GLW_USDC_mythos	161.17	0.0100	pay 0.0100% / 8h	12m 41s	$2K	$2K	10x
Short	Vest GLW-USD-PERP	161.28	0.0046	get 0.0006% / 1h	12m 41s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now +0.068%Rate

Funding earned: −$11.41
Price spread: +0.068% → 0.000%: $6.83
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Vest: 1 bp × 2 orders: −$2
Net: −$12.58
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; Vest: 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 Vest no order-book sample	—	—	—	—	—

Orderly and Vest: 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	−0.0028%	1h	161.20	+0.019%	$321K	$29K	10x	as long as short
Aster GLWUSDT	0.0000%	8h	161.38	+0.132%	$41K	$1K	20x	as long as short
Bybit GLWUSDT	0.0000%	8h	161.22	+0.031%	$923K	$196K	25x	as long as short
Gate GLW_USDT	0.0000%	8h	161.11	−0.037%	$2.2M	$4.2M	50x	as long as short
SunX GLW-USDT	0.0000%	8h	161.31	+0.087%	$918	$2.0M	10x	as long as short
Vest GLW-USD-PERPshort	+0.0046%	1h	161.28	+0.068%	—	—	10x
Ondo Perps GLW-USD.P	+0.0050%	1h	160.99	−0.112%	$301K	$106K	10x	as long as short
QFEX GLW-USD	+0.0065%	1h	161.19	+0.012%	$1.1M	$2.2M	10x	as long as short
HTX GLW-USDT	+0.0096%	8h	161.44	+0.168%	$17K	$16K	20x	as long as short
KuCoin GLWUSDTM	+0.0100%	8h	161.27	+0.062%	$323K	$999K	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_GLW_USDC_mythoslong	+0.0100%	8h	161.17	long leg	$2K	$2K	10x
Bitget GLWUSDT	+0.0197%	8h	161.16	−0.006%	$2.2M	$936K	20x	as long as short
OKX GLW-USDT-SWAP	+0.0263%	8h	161.27	+0.062%	$2.3M	$4.5M	20x	as long as short
BloFin GLW-USDT	+0.0572%	8h	161.23	+0.037%	$150K	$35K	20x	as long as short
Binance GLWUSDT	+0.0582%	8h	161.24	+0.043%	$11.0M	$21.2M	20x	as long as short
Extended GLW-USD	+0.0584%	1h	161.18	+0.006%	$2K	$2K	10x	as long as short
GRVT GLW_USDT_Perp	+0.0630%	8h	161.34	+0.104%	$97	$174K	10x	as long as short