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

GLM

all GLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against OKX+0.028%7-day average −0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$1111.114% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.003%$0 on $10k
Price spread, last 4 days (all we have)−0.106%−$11 · spread now +0.028%, 7d avg −0.059%
Together, before fees−0.103%−$10 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 0.087% dearer against OKX than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.059%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX GLM-USDT-SWAP0.12350.0100pay 0.0050% / 4h57m 36s$431K$389K20x
ShortBinance GLMUSDT0.12360.0100get 0.0050% / 4h57m 36s$1.6M$1.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against OKX. 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: +0.028% → −0.059%
$8.69
Slippage, 4 orders
−$91.38
Fee OKX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$102.69
Costs to cover
1.114%
Break-even
never at this rate
Slippage from OKX: live order book, 18 min ago; Binance: live order book, 6 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 OKX live order book, 18 min ago4.47 bp36.2 bp −$366632.8 bp −$66.3Kdoesn't fitdoesn't fit
Sell Binance live order book, 6 min ago2.84 bp21.9 bp −$22116.2 bp −$1,162doesn'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+0.0008%4h0.1235−0.057%$1.3Mas long as short
Bitget GLMUSDT+0.0018%4h0.1234−0.121%$307K$203K25xas long as short
Gate GLM_USDT+0.0074%4h0.1234−0.121%$70K$50K50xas long as short
Binance GLMUSDTshort+0.0100%4h0.1236+0.028%$1.6M$1.3M50x
Bybit GLMUSDT+0.0100%4h0.1236+0.081%$621K$252K25xas long as short
OKX GLM-USDT-SWAPlong+0.0100%4h0.1235long leg$431K$389K20x
MEXC GLM_USDT+0.0100%4h0.1236+0.024%$5.4M$109K50xas long as short
Variational Omni GLM+0.0100%4h0.1234−0.127%$7K$493as long as short