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

GLM

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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: Bybit against MEXC−0.008%7-day average +0.102% · you buy dearer than you sell
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1041.037% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.154%+$15 on $10k
Price spread, last 4 days (all we have)+0.077%+$8 · spread now −0.008%, 7d avg +0.102%
Together, before fees+0.232%+$23 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: Bybit is 0.110% cheaper against MEXC than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.102%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC GLM_USDT0.12400.0100pay 0.0050% / 4h3h 17m$5.4M$114K50x
ShortBybit GLMUSDT0.12400.0100get 0.0050% / 4h3h 17m$622K$248K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: −0.008% → +0.102%
−$10.98
Slippage, 4 orders
−$84.73
Fee MEXC: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$114.72
Costs to cover
1.037%
Break-even
never at this rate
Slippage from MEXC: live order book, 5 min ago; Bybit: live order book, 48 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, 5 min ago1.61 bp13.0 bp −$1350.2 bp −$50285.5 bp −$8,547doesn't fit
Sell Bybit live order book, 48 min ago0.40 bp42.6 bp −$43386.8 bp −$3,868doesn'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%4h0.1239−0.024%$1.3Mas long as short
Binance GLMUSDT+0.0100%4h0.1240+0.024%$1.6M$1.4M50xas long as short
Bybit GLMUSDTshort+0.0100%4h0.1240−0.008%$622K$248K25x
OKX GLM-USDT-SWAP+0.0100%4h0.1240+0.040%$435K$390K20xas long as short
Gate GLM_USDT+0.0100%4h0.1242+0.186%$70K$49K50xas long as short
MEXC GLM_USDTlong+0.0100%4h0.1240long leg$5.4M$114K50x
Bitget GLMUSDT+0.0100%4h0.1240+0.024%$311K$202K25xas long as short
Variational Omni GLM+0.0100%4h0.1242+0.149%$8K$493as long as short