Funding you earn now, next payment 04:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.15 per $10,000 · paid last 24h −0.006%
Price spread now: BingX against Bitget−0.080%7-day average +0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1161.158% of the position
Funding, last 7 days−0.011%−$1 on $10k
+Price spread, last 4 days (all we have)+0.080%+$8 · spread now −0.080%, 7d avg +0.026%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.106% cheaper against Bitget than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.026%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget GLMUSDT | 0.1247 | 0.0100 | pay 0.0050% / 4h | 54m 36s | $313K | $203K | 25x |
| Short | BingX GLM-USDT | 0.1246 | 0.0070 | get 0.0035% / 4h | 54m 36s | — | $1.3M | — |
Bitget GLMUSDT
BingX GLM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bitget. 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: −0.080% → +0.026%
- −$10.57
- Slippage, 4 orders
- −$93.85
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$132.72
- Costs to cover
- 1.158%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 60 min ago; BingX: live order book, 5 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 Bitget live order book, 60 min ago | 4.04 bp | 34.3 bp −$34 | 161.1 bp −$1,611 | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 min ago | 5.23 bp | 24.7 bp −$25 | 77.2 bp −$772 | 604.0 bp −$60.4K | 860.6 bp −$430.3K |
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-USDTshort | +0.0070% | 4h | 0.1246 | −0.080% | — | $1.3M | — | |
| Binance GLMUSDT | +0.0100% | 4h | 0.1247 | −0.037% | $1.6M | $1.5M | 50x | as long as short |
| Bybit GLMUSDT | +0.0100% | 4h | 0.1247 | −0.008% | $620K | $273K | 25x | as long as short |
| OKX GLM-USDT-SWAP | +0.0100% | 4h | 0.1248 | +0.088% | $440K | $413K | 20x | as long as short |
| Gate GLM_USDT | +0.0100% | 4h | 0.1244 | −0.241% | $70K | $50K | 50x | as long as short |
| MEXC GLM_USDT | +0.0100% | 4h | 0.1247 | +0.032% | $5.4M | $127K | 50x | as long as short |
| Bitget GLMUSDTlong | +0.0100% | 4h | 0.1247 | long leg | $313K | $203K | 25x | |
| Variational Omni GLM | +0.0100% | 4h | 0.1247 | −0.016% | $8K | $493 | — | as long as short |
Binance GLMUSDT
Bybit GLMUSDT
OKX GLM-USDT-SWAP
Gate GLM_USDT
MEXC GLM_USDT
Variational Omni GLM