Funding you earn now, next payment 04:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.005%
Price spread now: Bitget against BingX−0.137%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1041.040% of the position
Funding, last 7 days+0.010%+$1 on $10k
+Price spread, last 4 days (all we have)+0.124%+$12 · spread now −0.137%, 7d avg −0.026%
=Funding pays, the price is against you. Bitget is 0.111% cheaper against BingX than usual: you would sell low and buy high (spread −0.137% now, against its 7-day average of −0.026%). If the spread goes back, that is −$11 on $10k: about 12 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.010% in total) that is about 3 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX GLM-USDT | 0.1242 | 0.0070 | pay 0.0035% / 4h | 3h 58m | — | $1.3M | — |
| Short | Bitget GLMUSDT | 0.1240 | 0.0100 | get 0.0050% / 4h | 3h 58m | $313K | $205K | 25x |
BingX GLM-USDT
Bitget GLMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BingX. 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: −0.137% → −0.026%
- −$11.09
- Slippage, 4 orders
- −$82.05
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$108.84
- Costs to cover
- 1.040%
- Break-even
- 127.9 days
Slippage from BingX: live order book, 7 min ago; Bitget: live order book, 7 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 BingX live order book, 7 min ago | 4.44 bp | 25.0 bp −$25 | 75.2 bp −$752 | 507.3 bp −$50.7K | 818.9 bp −$409.4K |
| Sell Bitget live order book, 7 min ago | 8.08 bp | 23.3 bp −$23 | 100.8 bp −$1,008 | 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-USDTlong | +0.0070% | 4h | 0.1242 | long leg | — | $1.3M | — | |
| Binance GLMUSDT | +0.0100% | 4h | 0.1241 | −0.062% | $1.6M | $1.3M | 50x | as long as short |
| Bybit GLMUSDT | +0.0100% | 4h | 0.1242 | −0.008% | $627K | $248K | 25x | as long as short |
| OKX GLM-USDT-SWAP | +0.0100% | 4h | 0.1242 | 0.000% | $435K | $392K | 20x | as long as short |
| Gate GLM_USDT | +0.0100% | 4h | 0.1240 | −0.137% | $71K | $48K | 50x | as long as short |
| MEXC GLM_USDT | +0.0100% | 4h | 0.1241 | −0.056% | $5.5M | $109K | 50x | as long as short |
| Bitget GLMUSDTshort | +0.0100% | 4h | 0.1240 | −0.137% | $313K | $205K | 25x | |
| Variational Omni GLM | +0.0100% | 4h | 0.1241 | −0.070% | $8K | $493 | — | as long as short |
Binance GLMUSDT
Bybit GLMUSDT
OKX GLM-USDT-SWAP
Gate GLM_USDT
MEXC GLM_USDT
Variational Omni GLM