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 −0.007%
Price spread now: Bitget against MEXC+0.105%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$770.765% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.254%−$25 on $10k
Price spread, last 4 days (all we have)−0.051%−$5 · spread now +0.105%, 7d avg +0.022%
Together, before fees−0.306%−$31 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: Bitget is 0.083% dearer against MEXC than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.022%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC GLM_USDT0.12410.0100pay 0.0050% / 4h2h 31m$5.4M$121K50x
ShortBitget GLMUSDT0.12420.0100get 0.0050% / 4h2h 31m$309K$207K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: +0.105% → +0.022%
$8.3
Slippage, 4 orders
−$56.52
Fee MEXC: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$68.22
Costs to cover
0.765%
Break-even
never at this rate
Slippage from MEXC: live order book, 1 min ago; Bitget: live order book, 29 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 ago0.40 bp10.6 bp −$1151.1 bp −$511113.0 bp −$11.3Kdoesn't fit
Sell Bitget live order book, 29 min ago4.05 bp26.5 bp −$27171.5 bp −$1,715doesn'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%4h0.1241+0.056%$1.3Mas long as short
Binance GLMUSDT+0.0100%4h0.1240−0.024%$1.6M$1.5M50xas long as short
Bybit GLMUSDT+0.0100%4h0.1240−0.024%$623K$269K25xas long as short
OKX GLM-USDT-SWAP+0.0100%4h0.1243+0.185%$435K$410K20xas long as short
Gate GLM_USDT+0.0100%4h0.1241+0.024%$70K$52K50xas long as short
MEXC GLM_USDTlong+0.0100%4h0.1241long leg$5.4M$121K50x
Bitget GLMUSDTshort+0.0100%4h0.1242+0.105%$309K$207K25x
Variational Omni GLM+0.0100%4h0.1242+0.081%$8K$493as long as short