Funding you earn now, next payment 12:00 UTC−0.0060%/8h= −6.6% APRnext payment −$0.30 per $10,000 · paid last 24h −0.006%
Price spread now: Gate against MEXC+0.244%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.118%−$12 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Gate is 0.244% dearer against MEXC than usual: you sell high and buy low (spread +0.244% now, against zero (this spread has no 7-day history yet)): +$24 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 14 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC GLM_USDT | 0.1230 | 0.0100 | pay 0.0050% / 4h | 3h 27m | $5.2M | $132K | 50x |
| Short | Gate GLM_USDT | 0.1233 | 0.0040 | get 0.0020% / 4h | 3h 27m | $70K | $44K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$12.6
- Price spread: +0.244% → 0.000%
- $24.39
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$11.21
- Costs to cover
- 0.230%
- Break-even
- from the start
Slippage unknown: MEXC: live order book, 5 min ago; Gate: no order-book sample. Net counts fees only.
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 | 2.03 bp | 11.8 bp −$12 | 48.6 bp −$486 | 114.5 bp −$11.5K | doesn't fit |
| Sell Gate no order-book sample | — | — | — | — | — |
Gate: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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_USDTshort | +0.0040% | 4h | 0.1233 | +0.244% | $70K | $44K | 50x | |
| BingX GLM-USDT | +0.0070% | 4h | 0.1230 | −0.024% | — | $1.3M | — | as long as short |
| Binance GLMUSDT | +0.0100% | 4h | 0.1231 | +0.081% | $1.5M | $1.5M | 50x | as long as short |
| Bybit GLMUSDT | +0.0100% | 4h | 0.1231 | +0.081% | $606K | $255K | 25x | as long as short |
| OKX GLM-USDT-SWAP | +0.0100% | 4h | 0.1231 | +0.089% | $429K | $375K | 20x | as long as short |
| MEXC GLM_USDTlong | +0.0100% | 4h | 0.1230 | long leg | $5.2M | $132K | 50x | |
| Bitget GLMUSDT | +0.0100% | 4h | 0.1230 | 0.000% | $303K | $142K | 25x | as long as short |
| Variational Omni GLM | +0.0100% | 4h | 0.1231 | +0.085% | $7K | $2K | — | as long as short |
MEXC GLM_USDT
Gate GLM_USDT
BingX GLM-USDT
Binance GLMUSDT
Bybit GLMUSDT
OKX GLM-USDT-SWAP
Bitget GLMUSDT
Variational Omni GLM