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

GLM

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit+0.008%7-day average −0.106% · you sell dearer than you buy
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1191.194% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.156%−$16 on $10k
Price spread, last 4 days (all we have)−0.115%−$11 · spread now +0.008%, 7d avg −0.106%
Together, before fees−0.271%−$27 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: Binance is 0.114% dearer against Bybit than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.106%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit GLMUSDT0.12350.0100pay 0.0050% / 4h8m 48s$624K$250K25x
ShortBinance GLMUSDT0.12350.0100get 0.0050% / 4h8m 48s$1.6M$1.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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: +0.008% → −0.106%
$11.44
Slippage, 4 orders
−$98.41
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$107.97
Costs to cover
1.194%
Break-even
never at this rate
Slippage from Bybit: live order book, 61 min ago; Binance: live order book, 9 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 Bybit live order book, 61 min ago2.84 bp41.2 bp −$41418.8 bp −$4,188doesn't fitdoesn't fit
Sell Binance live order book, 9 min ago2.03 bp21.8 bp −$22118.1 bp −$1,181doesn'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%4h0.1235+0.016%$1.3Mas long as short
Binance GLMUSDTshort+0.0100%4h0.1235+0.008%$1.6M$1.3M50x
Bybit GLMUSDTlong+0.0100%4h0.1235long leg$624K$250K25x
OKX GLM-USDT-SWAP+0.0100%4h0.1236+0.089%$433K$392K20xas long as short
Gate GLM_USDT+0.0100%4h0.1234−0.073%$70K$50K50xas long as short
MEXC GLM_USDT+0.0100%4h0.1235+0.008%$5.4M$112K50xas long as short
Bitget GLMUSDT+0.0100%4h0.1234−0.073%$310K$204K25xas long as short
Variational Omni GLM+0.0100%4h0.1234−0.075%$7K$493as long as short