Funding you earn now, next payment 00:00 UTC+0.0014%/8h= +1.5% APRnext payment +$0.07 per $10,000 · paid last 24h +0.005%
Price spread now: Bitget against BingX+0.008%7-day average −0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$1151.148% of the position
Funding, last 7 days+0.010%+$1 on $10k
+Price spread, last 4 days (all we have)0.000%$0 · spread now +0.008%, 7d avg −0.026%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Bitget is 0.034% dearer against BingX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.026%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX GLM-USDT | 0.1234 | −0.0012 | get 0.0006% / 4h | 1h 01m | — | $1.3M | — |
| Short | Bitget GLMUSDT | 0.1234 | 0.0002 | get 0.0001% / 4h | 1h 01m | $307K | $203K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $2.94
- Price spread: +0.008% → −0.026%
- $3.43
- Slippage, 4 orders
- −$92.81
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$108.43
- Costs to cover
- 1.148%
- Break-even
- 265.2 days
Slippage from BingX: live order book, 9 min ago; Bitget: live order book, 9 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, 9 min ago | 4.88 bp | 32.3 bp −$32 | 88.5 bp −$885 | 558.4 bp −$55.8K | 875.0 bp −$437.5K |
| Sell Bitget live order book, 9 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-USDTlong | −0.0012% | 4h | 0.1234 | long leg | — | $1.3M | — | |
| Bitget GLMUSDTshort | +0.0002% | 4h | 0.1234 | +0.008% | $307K | $203K | 25x | |
| Gate GLM_USDT | +0.0036% | 4h | 0.1232 | −0.154% | $70K | $50K | 50x | as long as short |
| Binance GLMUSDT | +0.0100% | 4h | 0.1234 | −0.030% | $1.6M | $1.3M | 50x | as long as short |
| Bybit GLMUSDT | +0.0100% | 4h | 0.1234 | +0.032% | $620K | $252K | 25x | as long as short |
| OKX GLM-USDT-SWAP | +0.0100% | 4h | 0.1235 | +0.081% | $430K | $390K | 20x | as long as short |
| MEXC GLM_USDT | +0.0100% | 4h | 0.1233 | −0.049% | $5.4M | $112K | 50x | as long as short |
| Variational Omni GLM | +0.0100% | 4h | 0.1233 | −0.090% | $7K | $493 | — | as long as short |
BingX GLM-USDT
Bitget GLMUSDT
Gate GLM_USDT
Binance GLMUSDT
Bybit GLMUSDT
OKX GLM-USDT-SWAP
MEXC GLM_USDT
Variational Omni GLM