GLM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.15 per $10,000 · paid last 24h −0.013%

Price spread now: BingX against MEXC−0.057%7-day average +0.052% · you buy dearer than you sell

Net, funding: paid 7d − costs−$112as in the Funding arb table

Net, price: spread back to 7d avg − costs−$97as in the Price arb table

costs, in and out, $10k−$860.858% of the position

Long on MEXC Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.260%−$26 on $10k

Price spread, last 7 days+0.113%+$11 · spread now −0.057%, 7d avg +0.052%

Together, before fees−0.147%−$15 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.109% cheaper against MEXC than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.052%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC GLM_USDT	0.1230	0.0100	pay 0.0050% / 4h	2h 37m	$5.3M	$129K	50x
Short	BingX GLM-USDT	0.1229	0.0070	get 0.0035% / 4h	2h 37m	—	$1.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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

Position, each leg$Hold fordaysFee MEXCbpFee BingXbpOrdersPrice spread, now −0.057%Rate

Funding earned: −$6.3
Price spread: −0.057% → +0.052%: −$10.9
Slippage, 4 orders: −$67.78
Fee MEXC: 4 bp × 2 orders: −$8
Fee BingX: 5 bp × 2 orders: −$10
Net: −$102.98
Costs to cover: 0.858%
Break-even: never at this rate

Slippage from MEXC: live order book, 5 min ago; BingX: live order book, 4 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, 5 min ago	3.25 bp	14.3 bp −$14	51.5 bp −$515	102.6 bp −$10.3K	doesn't fit
Sell BingX live order book, 4 min ago	5.28 bp	27.6 bp −$28	88.1 bp −$881	526.6 bp −$52.7K	868.4 bp −$434.2K

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-USDTshort	+0.0070%	4h	0.1229	−0.057%	—	$1.3M	—
Binance GLMUSDT	+0.0100%	4h	0.1230	+0.029%	$1.5M	$1.5M	50x	as long as short
Bybit GLMUSDT	+0.0100%	4h	0.1230	−0.024%	$607K	$268K	25x	as long as short
OKX GLM-USDT-SWAP	+0.0100%	4h	0.1231	+0.081%	$431K	$398K	20x	as long as short
Gate GLM_USDT	+0.0100%	4h	0.1231	+0.081%	$70K	$47K	50x	as long as short
MEXC GLM_USDTlong	+0.0100%	4h	0.1230	long leg	$5.3M	$129K	50x
Bitget GLMUSDT	+0.0100%	4h	0.1229	−0.081%	$310K	$188K	25x	as long as short
Variational Omni GLM	+0.0100%	4h	0.1232	+0.183%	$8K	$2K	—	as long as short