Funding you earn now, next payment 04:00 UTC+0.0060%/8h= +6.6% APRnext payment +$0.30 per $10,000 · paid last 24h +0.013%
Price spread now: MEXC against BingX−0.089%7-day average −0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$830.834% of the position
Funding, last 7 days+0.265%+$27 on $10k
+Price spread, last 7 days+0.052%+$5 · spread now −0.089%, 7d avg −0.053%
=Funding pays, the price is against you. MEXC is 0.036% cheaper against BingX than usual: you would sell low and buy high (spread −0.089% now, against its 7-day average of −0.053%). If the spread goes back, that is −$4 on $10k: about 2.0 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.265% in total) that is about 23 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX GLM-USDT | 0.1238 | 0.0040 | pay 0.0020% / 4h | 2h 41m | — | $1.3M | — |
| Short | MEXC GLM_USDT | 0.1237 | 0.0100 | get 0.0050% / 4h | 2h 41m | $5.4M | $120K | 50x |
BingX GLM-USDT
MEXC GLM_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $12.6
- Price spread: −0.089% → −0.053%
- −$3.63
- Slippage, 4 orders
- −$65.44
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$74.47
- Costs to cover
- 0.834%
- Break-even
- 48.4 days
Slippage from BingX: live order book, 4 min ago; MEXC: live order book, 11 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, 4 min ago | 4.05 bp | 27.9 bp −$28 | 81.8 bp −$818 | 597.5 bp −$59.7K | 912.4 bp −$456.2K |
| Sell MEXC live order book, 11 min ago | 1.21 bp | 14.2 bp −$14 | 53.0 bp −$530 | 92.1 bp −$9,212 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate GLM_USDT | +0.0004% | 4h | 0.1238 | +0.008% | $70K | $49K | 50x | as long as short |
| BingX GLM-USDTlong | +0.0040% | 4h | 0.1238 | long leg | — | $1.3M | — | |
| Bitget GLMUSDT | +0.0090% | 4h | 0.1236 | −0.153% | $310K | $203K | 25x | as long as short |
| Binance GLMUSDT | +0.0100% | 4h | 0.1237 | −0.097% | $1.5M | $1.4M | 50x | as long as short |
| Bybit GLMUSDT | +0.0100% | 4h | 0.1238 | −0.024% | $617K | $260K | 25x | as long as short |
| OKX GLM-USDT-SWAP | +0.0100% | 4h | 0.1238 | 0.000% | $431K | $401K | 20x | as long as short |
| MEXC GLM_USDTshort | +0.0100% | 4h | 0.1237 | −0.089% | $5.4M | $120K | 50x | |
| Variational Omni GLM | +0.0100% | 4h | 0.1236 | −0.125% | $8K | $493 | — | as long as short |
Gate GLM_USDT
Bitget GLMUSDT
Binance GLMUSDT
Bybit GLMUSDT
OKX GLM-USDT-SWAP
Variational Omni GLM