Settings8H · net · $10k
Funding arb · Price arb /

GLM

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against OKX+0.008%7-day average −0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1151.154% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 4 days (all we have)−0.086%−$9 · spread now +0.008%, 7d avg −0.056%
Together, before fees−0.087%−$9 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.064% dearer against OKX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.056%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX GLM-USDT-SWAP0.12370.0100pay 0.0050% / 4h3h 22m$434K$402K20x
ShortBinance GLMUSDT0.12370.0100get 0.0050% / 4h3h 22m$1.6M$1.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against OKX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.008% → −0.056%
$6.38
Slippage, 4 orders
−$95.42
Fee OKX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$109.04
Costs to cover
1.154%
Break-even
never at this rate
Slippage from OKX: live order book, 28 min ago; Binance: live order book, 11 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 28 min ago3.61 bp33.3 bp −$336805.9 bp −$68.1Kdoesn't fitdoesn't fit
Sell Binance live order book, 11 min ago1.61 bp30.6 bp −$31137.8 bp −$1,378doesn't fitdoesn't fit

GLM on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX GLM-USDT+0.0070%4h0.1238+0.089%$1.3Mas long as short
Binance GLMUSDTshort+0.0100%4h0.1237+0.008%$1.6M$1.5M50x
Bybit GLMUSDT+0.0100%4h0.1238+0.121%$610K$268K25xas long as short
OKX GLM-USDT-SWAPlong+0.0100%4h0.1237long leg$434K$402K20x
Gate GLM_USDT+0.0100%4h0.1239+0.194%$70K$49K50xas long as short
MEXC GLM_USDT+0.0100%4h0.1238+0.081%$5.3M$131K50xas long as short
Bitget GLMUSDT+0.0100%4h0.1238+0.113%$314K$200K25xas long as short
Variational Omni GLM+0.0100%4h0.1239+0.180%$8K$493as long as short