Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Binance+0.073%7-day average +0.107% · you sell dearer than you buy
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1251.249% of the position
Funding, last 7 days+0.156%+$16 on $10k
+Price spread, last 4 days (all we have)+0.033%+$3 · spread now +0.073%, 7d avg +0.107%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.034% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.107%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GLMUSDT | 0.1235 | 0.0100 | pay 0.0050% / 4h | 59m 19s | $1.6M | $1.3M | 50x |
| Short | Bybit GLMUSDT | 0.1236 | 0.0100 | get 0.0050% / 4h | 59m 19s | $621K | $252K | 25x |
Binance GLMUSDT
Bybit GLMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.073% → +0.107%
- −$3.44
- Slippage, 4 orders
- −$103.86
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$128.31
- Costs to cover
- 1.249%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 min ago; Bybit: live order book, 11 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, 4 min ago | 2.84 bp | 29.0 bp −$29 | 139.3 bp −$1,393 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 11 min ago | 2.84 bp | 32.7 bp −$33 | 342.4 bp −$3,424 | 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 | −0.0012% | 4h | 0.1234 | −0.049% | — | $1.3M | — | as long as short |
| Bitget GLMUSDT | +0.0010% | 4h | 0.1234 | −0.065% | $307K | $203K | 25x | as long as short |
| Gate GLM_USDT | +0.0064% | 4h | 0.1233 | −0.146% | $70K | $50K | 50x | as long as short |
| Binance GLMUSDTlong | +0.0100% | 4h | 0.1235 | long leg | $1.6M | $1.3M | 50x | |
| Bybit GLMUSDTshort | +0.0100% | 4h | 0.1236 | +0.073% | $621K | $252K | 25x | |
| OKX GLM-USDT-SWAP | +0.0100% | 4h | 0.1235 | −0.024% | $431K | $389K | 20x | as long as short |
| MEXC GLM_USDT | +0.0100% | 4h | 0.1235 | −0.008% | $5.4M | $109K | 50x | as long as short |
| Variational Omni GLM | +0.0100% | 4h | 0.1234 | −0.070% | $7K | $493 | — | as long as short |
BingX GLM-USDT
Bitget GLMUSDT
Gate GLM_USDT
OKX GLM-USDT-SWAP
MEXC GLM_USDT
Variational Omni GLM