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

GLM

all GLM markets
SwapBacktest
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 0.000%
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.032%+$3 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 0.036% 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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC GLM_USDT0.12430.0100pay 0.0050% / 4h51m 14s$5.3M$127K50x
ShortBinance GLMUSDT0.12430.0100get 0.0050% / 4h51m 14s$1.6M$1.5M50x

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 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: −0.032% → +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
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 1 min ago2.82 bp18.7 bp −$1956.0 bp −$560121.7 bp −$12.2Kdoesn't fit
Sell Binance live order book, 12 min ago3.62 bp23.5 bp −$23114.2 bp −$1,142doesn'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+0.129%$1.3Mas long as short
Binance GLMUSDTshort+0.0100%4h0.1243−0.032%$1.6M$1.5M50x
Bybit GLMUSDT+0.0100%4h0.1245+0.105%$619K$273K25xas long as short
OKX GLM-USDT-SWAP+0.0100%4h0.1244+0.016%$438K$412K20xas long as short
Gate GLM_USDT+0.0100%4h0.1244+0.048%$71K$50K50xas long as short
MEXC GLM_USDTlong+0.0100%4h0.1243long leg$5.3M$127K50x
Bitget GLMUSDT+0.0100%4h0.1243−0.032%$312K$203K25xas long as short
Variational Omni GLM+0.0100%4h0.1247+0.273%$8K$493as long as short