Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.015%
Price spread now: Bitget against Binance−0.016%7-day average +0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$130as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$1031.030% of the position
Funding, last 7 days−0.274%−$27 on $10k
+Price spread, last 4 days (all we have)+0.117%+$12 · spread now −0.016%, 7d avg +0.027%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.043% cheaper against Binance than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.027%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GLMUSDT | 0.1233 | 0.0100 | pay 0.0050% / 4h | 11m 37s | $1.5M | $1.3M | 50x |
| Short | Bitget GLMUSDT | 0.1233 | 0.0100 | get 0.0050% / 4h | 11m 37s | $310K | $204K | 25x |
Binance GLMUSDT
Bitget GLMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.016% → +0.027%
- −$4.3
- Slippage, 4 orders
- −$80.98
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$107.28
- Costs to cover
- 1.030%
- Break-even
- never at this rate
Slippage from Binance: live order book, 7 min ago; Bitget: live order book, 58 min ago.
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 Binance live order book, 7 min ago | 2.03 bp | 23.7 bp −$24 | 123.5 bp −$1,235 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 58 min ago | 8.13 bp | 25.0 bp −$25 | 107.0 bp −$1,070 | doesn't fit | doesn't fit |
GLM on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX GLM-USDT | +0.0070% | 4h | 0.1235 | +0.105% | — | $1.3M | — | as long as short |
| Binance GLMUSDTlong | +0.0100% | 4h | 0.1233 | long leg | $1.5M | $1.3M | 50x | |
| Bybit GLMUSDT | +0.0100% | 4h | 0.1235 | +0.114% | $623K | $250K | 25x | as long as short |
| OKX GLM-USDT-SWAP | +0.0100% | 4h | 0.1234 | +0.081% | $433K | $391K | 20x | as long as short |
| Gate GLM_USDT | +0.0100% | 4h | 0.1233 | −0.016% | $70K | $50K | 50x | as long as short |
| MEXC GLM_USDT | +0.0100% | 4h | 0.1233 | 0.000% | $5.4M | $112K | 50x | as long as short |
| Bitget GLMUSDTshort | +0.0100% | 4h | 0.1233 | −0.016% | $310K | $204K | 25x | |
| Variational Omni GLM | +0.0100% | 4h | 0.1235 | +0.168% | $7K | $493 | — | as long as short |
BingX GLM-USDT
Bybit GLMUSDT
OKX GLM-USDT-SWAP
Gate GLM_USDT
MEXC GLM_USDT
Variational Omni GLM