Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC−0.032%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$800.796% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 7 days+0.028%+$3 · spread now −0.032%, 7d avg +0.004%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.036% cheaper against MEXC than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC GLM_USDT | 0.1243 | 0.0100 | pay 0.0050% / 4h | 51m 14s | $5.3M | $127K | 50x |
| Short | Binance GLMUSDT | 0.1243 | 0.0100 | get 0.0050% / 4h | 51m 14s | $1.6M | $1.5M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against MEXC. 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
- $0
- Price spread: −0.032% → +0.004%
- −$3.61
- Slippage, 4 orders
- −$61.6
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$83.2
- Costs to cover
- 0.796%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; Binance: live order book, 12 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 MEXC live order book, 1 min ago | 2.82 bp | 18.7 bp −$19 | 56.0 bp −$560 | 121.7 bp −$12.2K | doesn't fit |
| Sell Binance live order book, 12 min ago | 3.62 bp | 23.5 bp −$23 | 114.2 bp −$1,142 | 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-USDT | +0.0070% | 4h | 0.1245 | +0.129% | — | $1.3M | — | as long as short |
| Binance GLMUSDTshort | +0.0100% | 4h | 0.1243 | −0.032% | $1.6M | $1.5M | 50x | |
| Bybit GLMUSDT | +0.0100% | 4h | 0.1245 | +0.105% | $619K | $273K | 25x | as long as short |
| OKX GLM-USDT-SWAP | +0.0100% | 4h | 0.1244 | +0.016% | $438K | $412K | 20x | as long as short |
| Gate GLM_USDT | +0.0100% | 4h | 0.1244 | +0.048% | $71K | $50K | 50x | as long as short |
| MEXC GLM_USDTlong | +0.0100% | 4h | 0.1243 | long leg | $5.3M | $127K | 50x | |
| Bitget GLMUSDT | +0.0100% | 4h | 0.1243 | −0.032% | $312K | $203K | 25x | as long as short |
| Variational Omni GLM | +0.0100% | 4h | 0.1247 | +0.273% | $8K | $493 | — | as long as short |
MEXC GLM_USDT
Binance GLMUSDT
BingX GLM-USDT
Bybit GLMUSDT
OKX GLM-USDT-SWAP
Gate GLM_USDT
Bitget GLMUSDT
Variational Omni GLM