Funding you earn now, next payment 04:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.013%
Price spread now: Binance against BingX−0.130%7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1041.037% of the position
Funding, last 7 days+0.270%+$27 on $10k
+Price spread, last 7 days+0.086%+$9 · spread now −0.130%, 7d avg −0.050%
=Funding pays, the price is against you. Binance is 0.080% cheaper against BingX than usual: you would sell low and buy high (spread −0.130% now, against its 7-day average of −0.050%). If the spread goes back, that is −$8 on $10k: about 8.9 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.270% in total) that is about 2.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX GLM-USDT | 0.1242 | 0.0070 | pay 0.0035% / 4h | 3h 19m | — | $1.3M | — |
| Short | Binance GLMUSDT | 0.1240 | 0.0100 | get 0.0050% / 4h | 3h 19m | $1.6M | $1.4M | 50x |
BingX GLM-USDT
Binance GLMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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
- $6.3
- Price spread: −0.130% → −0.050%
- −$8
- Slippage, 4 orders
- −$83.71
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$105.41
- Costs to cover
- 1.037%
- Break-even
- 124.1 days
Slippage from BingX: live order book, 10 min ago; Binance: live order book, 14 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 BingX live order book, 10 min ago | 4.83 bp | 23.1 bp −$23 | 73.9 bp −$739 | 479.0 bp −$47.9K | 845.0 bp −$422.5K |
| Sell Binance live order book, 14 min ago | 2.02 bp | 23.6 bp −$24 | 133.7 bp −$1,337 | 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-USDTlong | +0.0070% | 4h | 0.1242 | long leg | — | $1.3M | — | |
| Binance GLMUSDTshort | +0.0100% | 4h | 0.1240 | −0.130% | $1.6M | $1.4M | 50x | |
| Bybit GLMUSDT | +0.0100% | 4h | 0.1242 | −0.024% | $623K | $248K | 25x | as long as short |
| OKX GLM-USDT-SWAP | +0.0100% | 4h | 0.1242 | −0.008% | $436K | $390K | 20x | as long as short |
| Gate GLM_USDT | +0.0100% | 4h | 0.1242 | +0.008% | $70K | $49K | 50x | as long as short |
| MEXC GLM_USDT | +0.0100% | 4h | 0.1240 | −0.121% | $5.4M | $114K | 50x | as long as short |
| Bitget GLMUSDT | +0.0100% | 4h | 0.1240 | −0.153% | $311K | $202K | 25x | as long as short |
| Variational Omni GLM | +0.0100% | 4h | 0.1242 | −0.029% | $8K | $493 | — | as long as short |
Bybit GLMUSDT
OKX GLM-USDT-SWAP
Gate GLM_USDT
MEXC GLM_USDT
Bitget GLMUSDT
Variational Omni GLM