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: OKX against Binance−0.081%7-day average +0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1071.073% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 4 days (all we have)+0.159%+$16 · spread now −0.081%, 7d avg +0.059%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.140% cheaper against Binance than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +0.059%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GLMUSDT | 0.1231 | 0.0100 | pay 0.0050% / 4h | 1h 22m | $1.6M | $1.3M | 50x |
| Short | OKX GLM-USDT-SWAP | 0.1230 | 0.0100 | get 0.0050% / 4h | 1h 22m | $429K | $389K | 20x |
Binance GLMUSDT
OKX GLM-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.081% → +0.059%
- −$14.05
- Slippage, 4 orders
- −$87.29
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$121.33
- Costs to cover
- 1.073%
- Break-even
- never at this rate
Slippage from Binance: live order book, 11 min ago; OKX: live order book, 59 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, 11 min ago | 0.41 bp | 28.7 bp −$29 | 131.0 bp −$1,310 | doesn't fit | doesn't fit |
| Sell OKX live order book, 59 min ago | 5.28 bp | 25.3 bp −$25 | doesn't fit | 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 | −0.0078% | 4h | 0.1231 | 0.000% | — | $1.3M | — | as long as short |
| Bitget GLMUSDT | −0.0074% | 4h | 0.1230 | −0.073% | $307K | $202K | 25x | as long as short |
| Gate GLM_USDT | −0.0062% | 4h | 0.1231 | +0.008% | $70K | $49K | 50x | as long as short |
| Binance GLMUSDTlong | +0.0100% | 4h | 0.1231 | long leg | $1.6M | $1.3M | 50x | |
| Bybit GLMUSDT | +0.0100% | 4h | 0.1231 | +0.024% | $619K | $252K | 25x | as long as short |
| OKX GLM-USDT-SWAPshort | +0.0100% | 4h | 0.1230 | −0.081% | $429K | $389K | 20x | |
| MEXC GLM_USDT | +0.0100% | 4h | 0.1230 | −0.057% | $5.4M | $111K | 50x | as long as short |
| Variational Omni GLM | +0.0100% | 4h | 0.1232 | +0.085% | $7K | $493 | — | as long as short |
BingX GLM-USDT
Bitget GLMUSDT
Gate GLM_USDT
Bybit GLMUSDT
MEXC GLM_USDT
Variational Omni GLM