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

GLM

all GLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bybit+0.048%7-day average −0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$150as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1341.337% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.162%−$16 on $10k
Price spread, last 4 days (all we have)−0.082%−$8 · spread now +0.048%, 7d avg −0.046%
Together, before fees−0.243%−$24 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: OKX is 0.094% dearer against Bybit than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.046%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit GLMUSDT0.12480.0100pay 0.0050% / 4h3h 59m$616K$275K25x
ShortOKX GLM-USDT-SWAP0.12480.0100get 0.0050% / 4h3h 59m$438K$415K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: +0.048% → −0.046%
$9.42
Slippage, 4 orders
−$112.74
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee OKX: 5 bp × 2 orders
−$10
Net
−$124.32
Costs to cover
1.337%
Break-even
never at this rate
Slippage from Bybit: live order book, 51 min ago; OKX: live order book, 56 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, 51 min ago4.02 bp34.5 bp −$34doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 56 min ago4.41 bp30.8 bp −$31doesn't fitdoesn'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%4h0.1247−0.048%$1.3Mas long as short
Binance GLMUSDT+0.0100%4h0.1247−0.064%$1.6M$1.5M50xas long as short
Bybit GLMUSDTlong+0.0100%4h0.1248long leg$616K$275K25x
OKX GLM-USDT-SWAPshort+0.0100%4h0.1248+0.048%$438K$415K20x
Gate GLM_USDT+0.0100%4h0.1246−0.144%$71K$48K50xas long as short
MEXC GLM_USDT+0.0100%4h0.1247−0.064%$5.3M$129K50xas long as short
Bitget GLMUSDT+0.0100%4h0.1247−0.064%$311K$204K25xas long as short
Variational Omni GLM+0.0100%4h0.1248−0.022%$8K$493as long as short