Funding you earn now, next payment 04:00 UTC−0.0070%/8h= −7.7% APRnext payment −$0.35 per $10,000 · paid last 24h −0.013%
Price spread now: BingX against Bybit−0.048%7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$167as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1251.249% of the position
Funding, last 7 days−0.420%−$42 on $10k
+Price spread, last 4 days (all we have)+0.040%+$4 · spread now −0.048%, 7d avg −0.052%
=The price spread sits at its 7-day average of −0.052%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit GLMUSDT | 0.1240 | 0.0098 | pay 0.0049% / 4h | 2h 42m | $618K | $255K | 25x |
| Short | BingX GLM-USDT | 0.1239 | 0.0028 | get 0.0014% / 4h | 2h 42m | — | $1.3M | — |
Bybit GLMUSDT
BingX GLM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bybit. 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
- −$14.72
- Price spread: −0.048% → −0.052%
- $0.4
- Slippage, 4 orders
- −$103.9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$139.21
- Costs to cover
- 1.249%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 17 min ago; BingX: live order book, 3 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 Bybit live order book, 17 min ago | 3.64 bp | 32.4 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 4.05 bp | 28.1 bp −$28 | 96.6 bp −$966 | 560.0 bp −$56.0K | 880.0 bp −$440.0K |
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 | −0.0024% | 4h | 0.1238 | −0.121% | $70K | $49K | 50x | as long as short |
| BingX GLM-USDTshort | +0.0028% | 4h | 0.1239 | −0.048% | — | $1.3M | — | |
| Bitget GLMUSDT | +0.0082% | 4h | 0.1239 | −0.040% | $310K | $203K | 25x | as long as short |
| Bybit GLMUSDTlong | +0.0098% | 4h | 0.1240 | long leg | $618K | $255K | 25x | |
| Binance GLMUSDT | +0.0100% | 4h | 0.1240 | +0.018% | $1.6M | $1.4M | 50x | as long as short |
| OKX GLM-USDT-SWAP | +0.0100% | 4h | 0.1238 | −0.089% | $431K | $399K | 20x | as long as short |
| MEXC GLM_USDT | +0.0100% | 4h | 0.1240 | +0.032% | $5.4M | $120K | 50x | as long as short |
| Variational Omni GLM | +0.0100% | 4h | 0.1236 | −0.253% | $8K | $493 | — | as long as short |
Gate GLM_USDT
Bitget GLMUSDT
Binance GLMUSDT
OKX GLM-USDT-SWAP
MEXC GLM_USDT
Variational Omni GLM