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 0.000%
Price spread now: Bybit against OKX−0.032%7-day average +0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$116as in the Funding arb table
Net, price: spread back to 7d avg − costs−$140as in the Price arb table
costs, in and out, $10k−$1321.320% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.162%+$16 on $10k
Price spread, last 4 days (all we have)+0.052%+$5 · spread now −0.032%, 7d avg +0.046%
Together, before fees+0.213%+$21 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 0.079% cheaper against OKX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.046%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX GLM-USDT-SWAP0.12420.0100pay 0.0050% / 4h2h 29m$435K$410K20x
ShortBybit GLMUSDT0.12410.0100get 0.0050% / 4h2h 29m$623K$269K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: −0.032% → +0.046%
−$7.87
Slippage, 4 orders
−$110.96
Fee OKX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$139.83
Costs to cover
1.320%
Break-even
never at this rate
Slippage from OKX: live order book, 36 min ago; Bybit: live order book, 30 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, 36 min ago4.82 bp35.0 bp −$356309.7 bp −$63.1Kdoesn't fitdoesn't fit
Sell Bybit live order book, 30 min ago3.64 bp36.6 bp −$37368.5 bp −$3,685doesn'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%4h0.1242+0.048%$1.3Mas long as short
Binance GLMUSDT+0.0100%4h0.1242+0.046%$1.6M$1.5M50xas long as short
Bybit GLMUSDTshort+0.0100%4h0.1241−0.032%$623K$269K25x
OKX GLM-USDT-SWAPlong+0.0100%4h0.1242long leg$435K$410K20x
Gate GLM_USDT+0.0100%4h0.1241−0.064%$70K$52K50xas long as short
MEXC GLM_USDT+0.0100%4h0.1242+0.048%$5.4M$121K50xas long as short
Bitget GLMUSDT+0.0100%4h0.1241−0.064%$309K$207K25xas long as short
Variational Omni GLM+0.0100%4h0.1242−0.007%$8K$493as long as short