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: OKX against Binance−0.038%7-day average +0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1191.187% of the position
Funding, last 7 days−0.011%−$1 on $10k
+Price spread, last 4 days (all we have)+0.101%+$10 · spread now −0.038%, 7d avg +0.055%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.093% cheaper against Binance than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.055%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GLMUSDT | 0.1245 | 0.0100 | pay 0.0050% / 4h | 16m 19s | $1.6M | $1.5M | 50x |
| Short | OKX GLM-USDT-SWAP | 0.1244 | 0.0100 | get 0.0050% / 4h | 16m 19s | $437K | $416K | 20x |
Binance GLMUSDT
OKX GLM-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Binance. 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
- $0
- Price spread: −0.038% → +0.055%
- −$9.31
- Slippage, 4 orders
- −$98.68
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$128
- Costs to cover
- 1.187%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; OKX: live order book, 39 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 Binance live order book, 2 min ago | 2.81 bp | 26.4 bp −$26 | 124.9 bp −$1,249 | doesn't fit | doesn't fit |
| Sell OKX live order book, 39 min ago | 4.41 bp | 30.8 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
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-USDT | +0.0070% | 4h | 0.1245 | +0.027% | — | $1.3M | — | as long as short |
| Binance GLMUSDTlong | +0.0100% | 4h | 0.1245 | long leg | $1.6M | $1.5M | 50x | |
| Bybit GLMUSDT | +0.0100% | 4h | 0.1245 | +0.051% | $616K | $278K | 25x | as long as short |
| OKX GLM-USDT-SWAPshort | +0.0100% | 4h | 0.1244 | −0.038% | $437K | $416K | 20x | |
| Gate GLM_USDT | +0.0100% | 4h | 0.1244 | −0.070% | $71K | $51K | 50x | as long as short |
| MEXC GLM_USDT | +0.0100% | 4h | 0.1245 | +0.019% | $5.3M | $131K | 50x | as long as short |
| Bitget GLMUSDT | +0.0100% | 4h | 0.1245 | +0.010% | $311K | $206K | 25x | as long as short |
| Variational Omni GLM | +0.0100% | 4h | 0.1243 | −0.169% | $8K | $493 | — | as long as short |
BingX GLM-USDT
Bybit GLMUSDT
Gate GLM_USDT
MEXC GLM_USDT
Bitget GLMUSDT
Variational Omni GLM