Funding arb · Price arb /

GLW

RWAall GLW markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0054%/8h= +5.9% APRpaid last 24h +0.016%

Price spread now: Orderly against Vest+0.044%7-day average — · you sell dearer than you buy

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

Long on Vest Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 4 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

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Orderly is 0.044% dearer against Vest than usual: you sell high and buy low: +$4 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	Vest GLW-USD-PERP	159.15	0.0046	pay 0.0006% / 1h	56m 01s	—	—	10x
Short	Orderly PERP_GLW_USDC_mythos	159.22	0.0100	get 0.0100% / 8h	4h 56m	$2K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Vest. 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 VestbpFee OrderlybpOrdersPrice spread, now +0.044%Rate

Funding earned: $11.41
Price spread: +0.044% → 0.000%: $4.4
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Orderly: 3 bp × 2 orders: −$6
Net: $7.81
Costs to cover: 0.080%
Break-even: 2.2 days

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

Vest 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 exchanges

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
Aster GLWUSDT	0.0000%	8h	159.06	−0.058%	$65K	$53K	20x	as long as short
Bybit GLWUSDT	0.0000%	8h	158.99	−0.101%	$905K	$241K	25x	as long as short
Gate GLW_USDT	0.0000%	8h	158.92	−0.145%	$2.2M	$4.4M	50x	as long as short
Bitget GLWUSDT	0.0000%	8h	158.96	−0.119%	$2.1M	$1.1M	20x	as long as short
SunX GLW-USDT	0.0000%	8h	159.04	−0.069%	$1K	$1.5M	10x	as long as short
HTX GLW-USDT	0.0000%	8h	159.42	+0.170%	$17K	$27K	20x	as long as short
Vest GLW-USD-PERPlong	+0.0046%	1h	159.15	long leg	—	—	10x
Ondo Perps GLW-USD.P	+0.0050%	1h	159.11	−0.025%	$281K	$111K	10x	as long as short
Paragon para:GLW	+0.0060%	1h	159.18	+0.021%	$310K	$41K	10x	as long as short
QFEX GLW-USD	+0.0080%	1h	159.16	+0.006%	$1.1M	$1.8M	10x	as long as short

Show all 17 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin GLWUSDTM	+0.0100%	8h	158.91	−0.151%	$380K	$873K	20x	as long as short
Orderly PERP_GLW_USDC_mythosshort	+0.0100%	8h	159.22	+0.044%	$2K	$3K	10x
OKX GLW-USDT-SWAP	+0.0149%	8h	159.07	−0.050%	$2.2M	$5.1M	20x	as long as short
Binance GLWUSDT	+0.0150%	8h	158.98	−0.106%	$10.5M	$27.1M	20x	as long as short
Extended GLW-USD	+0.0152%	1h	158.95	−0.127%	$2K	$1K	10x	as long as short
BloFin GLW-USDT	+0.0172%	8h	159.53	+0.239%	$152K	$48K	20x	as long as short
GRVT GLW_USDT_Perp	+0.0521%	8h	159.34	+0.119%	$94	$245K	10x	as long as short