Funding you earn now, next payment 08:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.15 per $10,000 · paid last 24h −0.013%
Price spread now: BingX against MEXC+0.057%7-day average +0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$840.836% of the position
Funding, last 7 days−0.260%−$26 on $10k
+Price spread, last 7 days−0.015%−$1 · spread now +0.057%, 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: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC GLM_USDT | 0.1237 | 0.0100 | pay 0.0050% / 4h | 3h 22m | $5.3M | $131K | 50x |
| Short | BingX GLM-USDT | 0.1238 | 0.0070 | get 0.0035% / 4h | 3h 22m | — | $1.3M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against MEXC. 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: +0.057% → +0.052%
- $0.44
- Slippage, 4 orders
- −$65.6
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$89.45
- Costs to cover
- 0.836%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 5 min ago; BingX: live order book, 9 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 MEXC live order book, 5 min ago | 2.83 bp | 12.0 bp −$12 | 50.1 bp −$501 | 109.6 bp −$11.0K | doesn't fit |
| Sell BingX live order book, 9 min ago | 4.83 bp | 33.5 bp −$33 | 93.8 bp −$938 | 587.0 bp −$58.7K | 909.3 bp −$454.6K |
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-USDTshort | +0.0070% | 4h | 0.1238 | +0.057% | — | $1.3M | — | |
| Binance GLMUSDT | +0.0100% | 4h | 0.1238 | +0.049% | $1.6M | $1.5M | 50x | as long as short |
| Bybit GLMUSDT | +0.0100% | 4h | 0.1238 | +0.089% | $610K | $268K | 25x | as long as short |
| OKX GLM-USDT-SWAP | +0.0100% | 4h | 0.1238 | +0.081% | $435K | $402K | 20x | as long as short |
| Gate GLM_USDT | +0.0100% | 4h | 0.1239 | +0.162% | $70K | $49K | 50x | as long as short |
| MEXC GLM_USDTlong | +0.0100% | 4h | 0.1237 | long leg | $5.3M | $131K | 50x | |
| Bitget GLMUSDT | +0.0100% | 4h | 0.1238 | +0.081% | $314K | $200K | 25x | as long as short |
| Variational Omni GLM | +0.0100% | 4h | 0.1239 | +0.147% | $8K | $493 | — | as long as short |
MEXC GLM_USDT
BingX GLM-USDT
Binance GLMUSDT
Bybit GLMUSDT
OKX GLM-USDT-SWAP
Gate GLM_USDT
Bitget GLMUSDT
Variational Omni GLM