Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Binance+0.057%7-day average +0.101% · you sell dearer than you buy
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs−$127as in the Price arb table
costs, in and out, $10k−$1231.227% of the position
Funding, last 7 days+0.096%+$10 on $10k
+Price spread, last 4 days (all we have)+0.094%+$9 · spread now +0.057%, 7d avg +0.101%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.044% cheaper against Binance than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.101%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GLMUSDT | 0.1235 | 0.0100 | pay 0.0050% / 4h | 3h 50m | $1.5M | $1.5M | 50x |
| Short | Bybit GLMUSDT | 0.1236 | 0.0100 | get 0.0050% / 4h | 3h 50m | $609K | $255K | 25x |
Binance GLMUSDT
Bybit GLMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. 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
- $0
- Price spread: +0.057% → +0.101%
- −$4.4
- Slippage, 4 orders
- −$101.75
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$127.15
- Costs to cover
- 1.227%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; Bybit: live order book, 39 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 Binance live order book, 12 min ago | 2.02 bp | 20.9 bp −$21 | 106.0 bp −$1,060 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 39 min ago | 4.86 bp | 37.9 bp −$38 | 396.6 bp −$3,966 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX GLM-USDT | +0.0070% | 4h | 0.1235 | −0.016% | — | $1.3M | — | as long as short |
| Binance GLMUSDTlong | +0.0100% | 4h | 0.1235 | long leg | $1.5M | $1.5M | 50x | |
| Bybit GLMUSDTshort | +0.0100% | 4h | 0.1236 | +0.057% | $609K | $255K | 25x | |
| OKX GLM-USDT-SWAP | +0.0100% | 4h | 0.1235 | 0.000% | $432K | $377K | 20x | as long as short |
| Gate GLM_USDT | +0.0100% | 4h | 0.1234 | −0.121% | $70K | $44K | 50x | as long as short |
| MEXC GLM_USDT | +0.0100% | 4h | 0.1235 | −0.016% | $5.3M | $129K | 50x | as long as short |
| Bitget GLMUSDT | +0.0100% | 4h | 0.1235 | −0.040% | $307K | $141K | 25x | as long as short |
| Variational Omni GLM | +0.0100% | 4h | 0.1237 | +0.141% | $7K | $2K | — | as long as short |
BingX GLM-USDT
OKX GLM-USDT-SWAP
Gate GLM_USDT
MEXC GLM_USDT
Bitget GLMUSDT
Variational Omni GLM