Settings8H · net · $10k
Funding arb · Price arb /

GLM

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.007%
Price spread now: Bybit against Bitget+0.024%7-day average +0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$1331.332% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.409%+$41 on $10k
Price spread, last 4 days (all we have)+0.026%+$3 · spread now +0.024%, 7d avg +0.078%
Together, before fees+0.435%+$43 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.053% cheaper against Bitget than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.078%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget GLMUSDT0.12460.0100pay 0.0050% / 4h56m 10s$313K$203K25x
ShortBybit GLMUSDT0.12460.0100get 0.0050% / 4h56m 10s$620K$273K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.024% → +0.078%
−$5.35
Slippage, 4 orders
−$110.17
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$138.52
Costs to cover
1.332%
Break-even
never at this rate
Slippage from Bitget: live order book, 59 min ago; Bybit: live order book, 59 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 59 min ago4.04 bp34.3 bp −$34161.1 bp −$1,611doesn't fitdoesn't fit
Sell Bybit live order book, 59 min ago3.23 bp34.2 bp −$34384.6 bp −$3,846doesn't fitdoesn't fit

GLM on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX GLM-USDT+0.0070%4h0.1245−0.056%$1.3Mas long as short
Binance GLMUSDT+0.0100%4h0.1247+0.050%$1.6M$1.5M50xas long as short
Bybit GLMUSDTshort+0.0100%4h0.1246+0.024%$620K$273K25x
OKX GLM-USDT-SWAP+0.0100%4h0.1247+0.088%$440K$413K20xas long as short
Gate GLM_USDT+0.0100%4h0.1244−0.161%$70K$50K50xas long as short
MEXC GLM_USDT+0.0100%4h0.1247+0.056%$5.4M$126K50xas long as short
Bitget GLMUSDTlong+0.0100%4h0.1246long leg$313K$203K25x
Variational Omni GLM+0.0100%4h0.1244−0.197%$8K$493as long as short