Funding arb · Price arb /

GLW

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.014%

Price spread now: SunX against Vest−0.080%7-day average — · you buy dearer than you sell

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

Long on Vest Short on SunX

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

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and SunX is 0.080% cheaper against Vest than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest GLW-USD-PERP	161.81	0.0046	pay 0.0006% / 1h	37m 17s	—	—	10x
Short	SunX GLW-USDT	161.68	0	get 0.0000% / 8h	6h 37m	$868	$1.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.080%Rate

Funding earned: −$9.59
Price spread: −0.080% → 0.000%: −$8.03
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee SunX: 4 bp × 2 orders: −$8
Net: −$27.63
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; SunX: live order book, 8 min ago. 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 SunX live order book, 8 min ago	244.51 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

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	−0.0169%	1h	161.74	−0.041%	$321K	$38K	10x	as long as short
Aster GLWUSDT	0.0000%	8h	161.97	+0.098%	$41K	$1K	20x	as long as short
Bybit GLWUSDT	0.0000%	8h	161.64	−0.105%	$928K	$197K	25x	as long as short
Gate GLW_USDT	0.0000%	8h	161.64	−0.105%	$2.2M	$4.3M	50x	as long as short
SunX GLW-USDTshort	0.0000%	8h	161.68	−0.080%	$868	$1.9M	10x
HTX GLW-USDT	0.0000%	8h	161.82	+0.006%	$17K	$16K	20x	as long as short
QFEX GLW-USD	+0.0034%	1h	161.74	−0.043%	$1.1M	$2.2M	10x	as long as short
Vest GLW-USD-PERPlong	+0.0046%	1h	161.81	long leg	—	—	10x
Ondo Perps GLW-USD.P	+0.0050%	1h	161.70	−0.068%	$301K	$105K	10x	as long as short
GRVT GLW_USDT_Perp	+0.0087%	8h	161.73	−0.048%	$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	161.75	−0.037%	$325K	$974K	20x	as long as short
Orderly PERP_GLW_USDC_mythos	+0.0100%	8h	161.69	−0.074%	$2K	$2K	10x	as long as short
OKX GLW-USDT-SWAP	+0.0186%	8h	161.70	−0.068%	$2.3M	$4.4M	20x	as long as short
Bitget GLWUSDT	+0.0345%	8h	161.72	−0.056%	$2.2M	$808K	20x	as long as short
Binance GLWUSDT	+0.0500%	8h	161.74	−0.041%	$10.7M	$21.7M	20x	as long as short
Extended GLW-USD	+0.0504%	1h	161.81	−0.002%	$2K	$1K	10x	as long as short
BloFin GLW-USDT	+0.0561%	8h	161.82	+0.006%	$152K	$36K	20x	as long as short