Funding you earn now, next payment 04:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.15 per $10,000 · paid last 24h −0.013%
Price spread now: BingX against OKX−0.040%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1171.170% of the position
Funding, last 7 days−0.258%−$26 on $10k
+Price spread, last 4 days (all we have)+0.052%+$5 · spread now −0.040%, 7d avg −0.006%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.034% cheaper against OKX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.006%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX GLM-USDT-SWAP | 0.1237 | 0.0100 | pay 0.0050% / 4h | 2h 05m | $433K | $406K | 20x |
| Short | BingX GLM-USDT | 0.1236 | 0.0070 | get 0.0035% / 4h | 2h 05m | — | $1.3M | — |
OKX GLM-USDT-SWAP
BingX GLM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against OKX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$6.3
- Price spread: −0.040% → −0.006%
- −$3.44
- Slippage, 4 orders
- −$96.97
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$126.7
- Costs to cover
- 1.170%
- Break-even
- never at this rate
Slippage from OKX: live order book, 60 min ago; BingX: live order book, 9 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 OKX live order book, 60 min ago | 4.82 bp | 35.0 bp −$35 | 6309.7 bp −$63.1K | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 4.03 bp | 29.6 bp −$30 | 90.6 bp −$906 | 584.2 bp −$58.4K | 937.7 bp −$468.8K |
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 | 0.1236 | −0.040% | — | $1.3M | — | |
| Binance GLMUSDT | +0.0100% | 4h | 0.1236 | −0.066% | $1.5M | $1.5M | 50x | as long as short |
| Bybit GLMUSDT | +0.0100% | 4h | 0.1237 | +0.049% | $620K | $270K | 25x | as long as short |
| OKX GLM-USDT-SWAPlong | +0.0100% | 4h | 0.1237 | long leg | $433K | $406K | 20x | |
| Gate GLM_USDT | +0.0100% | 4h | 0.1238 | +0.089% | $70K | $52K | 50x | as long as short |
| MEXC GLM_USDT | +0.0100% | 4h | 0.1236 | −0.049% | $5.4M | $122K | 50x | as long as short |
| Bitget GLMUSDT | +0.0100% | 4h | 0.1237 | +0.008% | $308K | $207K | 25x | as long as short |
| Variational Omni GLM | +0.0100% | 4h | 0.1236 | −0.046% | $8K | $493 | — | as long as short |
Binance GLMUSDT
Bybit GLMUSDT
Gate GLM_USDT
MEXC GLM_USDT
Bitget GLMUSDT
Variational Omni GLM