Funding you earn now, next payment 00:00 UTC+0.0060%/8h= +6.6% APRnext payment +$0.30 per $10,000 · paid last 24h +0.015%
Price spread now: Binance against Bitget+0.098%7-day average −0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$1061.062% of the position
Funding, last 7 days+0.274%+$27 on $10k
+Price spread, last 4 days (all we have)−0.241%−$24 · spread now +0.098%, 7d avg −0.028%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Binance is 0.126% dearer against Bitget than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.028%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget GLMUSDT | 0.1228 | 0.0040 | pay 0.0020% / 4h | 2h 29m | $312K | $199K | 25x |
| Short | Binance GLMUSDT | 0.1229 | 0.0100 | get 0.0050% / 4h | 2h 29m | $1.6M | $1.3M | 50x |
Bitget GLMUSDT
Binance GLMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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: +0.098% → −0.028%
- $12.59
- Slippage, 4 orders
- −$84.2
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$81.01
- Costs to cover
- 1.062%
- Break-even
- 52.0 days
Slippage from Bitget: live order book, 54 min ago; Binance: live order book, 4 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 Bitget live order book, 54 min ago | 8.14 bp | 24.7 bp −$25 | 106.2 bp −$1,062 | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 2.03 bp | 29.7 bp −$30 | 132.8 bp −$1,328 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget GLMUSDTlong | +0.0040% | 4h | 0.1228 | long leg | $312K | $199K | 25x | |
| BingX GLM-USDT | +0.0070% | 4h | 0.1230 | +0.138% | — | $1.3M | — | as long as short |
| Binance GLMUSDTshort | +0.0100% | 4h | 0.1229 | +0.098% | $1.6M | $1.3M | 50x | |
| Bybit GLMUSDT | +0.0100% | 4h | 0.1229 | +0.098% | $620K | $251K | 25x | as long as short |
| OKX GLM-USDT-SWAP | +0.0100% | 4h | 0.1230 | +0.147% | $427K | $389K | 20x | as long as short |
| Gate GLM_USDT | +0.0100% | 4h | 0.1229 | +0.081% | $71K | $49K | 50x | as long as short |
| MEXC GLM_USDT | +0.0100% | 4h | 0.1229 | +0.098% | $5.4M | $111K | 50x | as long as short |
| Variational Omni GLM | +0.0100% | 4h | 0.1230 | +0.171% | $7K | $493 | — | as long as short |
BingX GLM-USDT
Bybit GLMUSDT
OKX GLM-USDT-SWAP
Gate GLM_USDT
MEXC GLM_USDT
Variational Omni GLM