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: OKX against BingX+0.177%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$1121.123% of the position
Funding, last 7 days+0.258%+$26 on $10k
+Price spread, last 4 days (all we have)−0.192%−$19 · spread now +0.177%, 7d avg +0.005%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and OKX is 0.172% dearer against BingX than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of +0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX GLM-USDT | 0.1241 | 0.0070 | pay 0.0035% / 4h | 3h 16m | — | $1.3M | — |
| Short | OKX GLM-USDT-SWAP | 0.1244 | 0.0100 | get 0.0050% / 4h | 3h 16m | $435K | $391K | 20x |
BingX GLM-USDT
OKX GLM-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.177% → +0.005%
- $17.23
- Slippage, 4 orders
- −$92.27
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$88.74
- Costs to cover
- 1.123%
- Break-even
- 105.6 days
Slippage from BingX: live order book, 13 min ago; OKX: live order book, 54 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, 13 min ago | 4.83 bp | 23.1 bp −$23 | 73.9 bp −$739 | 479.0 bp −$47.9K | 845.0 bp −$422.5K |
| Sell OKX live order book, 54 min ago | 4.45 bp | 28.0 bp −$28 | 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-USDTlong | +0.0070% | 4h | 0.1241 | long leg | — | $1.3M | — | |
| Binance GLMUSDT | +0.0100% | 4h | 0.1242 | +0.070% | $1.6M | $1.4M | 50x | as long as short |
| Bybit GLMUSDT | +0.0100% | 4h | 0.1241 | 0.000% | $622K | $248K | 25x | as long as short |
| OKX GLM-USDT-SWAPshort | +0.0100% | 4h | 0.1244 | +0.177% | $435K | $391K | 20x | |
| Gate GLM_USDT | +0.0100% | 4h | 0.1242 | +0.056% | $70K | $49K | 50x | as long as short |
| MEXC GLM_USDT | +0.0100% | 4h | 0.1242 | +0.056% | $5.4M | $114K | 50x | as long as short |
| Bitget GLMUSDT | +0.0100% | 4h | 0.1241 | −0.024% | $312K | $202K | 25x | as long as short |
| Variational Omni GLM | +0.0100% | 4h | 0.1243 | +0.146% | $8K | $493 | — | as long as short |
Binance GLMUSDT
Bybit GLMUSDT
Gate GLM_USDT
MEXC GLM_USDT
Bitget GLMUSDT
Variational Omni GLM