Funding you earn now, next payment 12:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.009%
Price spread now: MEXC against BingX−0.089%7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$760.757% of the position
Funding, last 7 days+0.231%+$23 on $10k
+Price spread, last 7 days+0.026%+$3 · spread now −0.089%, 7d avg −0.052%
=Funding pays, the price is against you. MEXC is 0.037% cheaper against BingX than usual: you would sell low and buy high (spread −0.089% now, against its 7-day average of −0.052%). If the spread goes back, that is −$4 on $10k: about 4.1 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.231% in total) that is about 27 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX GLM-USDT | 0.1235 | 0.0070 | pay 0.0035% / 4h | 3h 35m | — | $1.3M | — |
| Short | MEXC GLM_USDT | 0.1234 | 0.0100 | get 0.0050% / 4h | 3h 35m | $5.2M | $130K | 50x |
BingX GLM-USDT
MEXC GLM_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against BingX. 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: −0.089% → −0.052%
- −$3.72
- Slippage, 4 orders
- −$57.68
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$73.1
- Costs to cover
- 0.757%
- Break-even
- 88.2 days
Slippage from BingX: live order book, 10 min ago; MEXC: live order book, 2 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 BingX live order book, 10 min ago | 3.64 bp | 27.4 bp −$27 | 68.6 bp −$686 | 575.0 bp −$57.5K | 889.4 bp −$444.7K |
| Sell MEXC live order book, 2 min ago | 1.62 bp | 12.0 bp −$12 | 49.3 bp −$493 | 98.6 bp −$9,856 | 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-USDTlong | +0.0070% | 4h | 0.1235 | long leg | — | $1.3M | — | |
| Binance GLMUSDT | +0.0100% | 4h | 0.1234 | −0.089% | $1.5M | $1.5M | 50x | as long as short |
| Bybit GLMUSDT | +0.0100% | 4h | 0.1236 | +0.121% | $609K | $255K | 25x | as long as short |
| OKX GLM-USDT-SWAP | +0.0100% | 4h | 0.1235 | +0.032% | $431K | $377K | 20x | as long as short |
| Gate GLM_USDT | +0.0100% | 4h | 0.1235 | +0.024% | $70K | $44K | 50x | as long as short |
| MEXC GLM_USDTshort | +0.0100% | 4h | 0.1234 | −0.089% | $5.2M | $130K | 50x | |
| Bitget GLMUSDT | +0.0100% | 4h | 0.1235 | +0.024% | $307K | $139K | 25x | as long as short |
| Variational Omni GLM | +0.0100% | 4h | 0.1235 | −0.008% | $8K | $2K | — | as long as short |
Binance GLMUSDT
Bybit GLMUSDT
OKX GLM-USDT-SWAP
Gate GLM_USDT
Bitget GLMUSDT
Variational Omni GLM